You probably already know that using a digital giving solution like Kindrid is the best way to increase your overall tithing. What you may not know is that there are a few easy steps you can take to continue boosting generosity within your community - and it all starts with Recurring Gifts.
What are Recurring Gifts, exactly? This is a feature that allows your givers to give consistently and repeatedly while only requiring that they enter their gift amount and credit card or bank information one time. These gifts are an automated and reliable cash flow that are deposited directly into your church’s bank account and provide clear data for planning and reporting -- allowing Ministry leaders to confidently budget for future events and outreach opportunities!
There are so many benefits to recurring giving that your church can expect to see throughout the year. Not only does it create consistent givers and increase overall giving, you’ll be able to more accurately forecast upcoming building funds and missions trips and balance out seasonal dips in generosity that tend to happen year after year.
What makes recurring giving so impactful?
- Recurring givers are 75% more likely to make additional one-time gifts versus occasional givers
- The average recurring giver donates 42% more in a given year than someone who gives a handful of one-time gifts
- 52% of Millennials (typically some of the least engaged givers in a congregation) are interested in a monthly giving option—there’s a reason automation is exploding
Don’t be afraid to share the benefits of recurring giving with your community so that they understand exactly how impactful their gifts are and will continue to be. Setting up a designated page on your website, sending out strategic emails, and sharing videos featuring recurring giving are all great ways to promote the feature to your members. You can learn about each of these tactics and more (as well as get access to some free email templates) in our help center. Having more information about how and why recurring giving makes such a difference will allow individual givers to explore if it is the right option for them.
If you’re at all hesitant about promoting Recurring Giving or don’t understand how it works, we’ve got a great series of lessons that will tell you everything you need to know to get started and help you turn one-time gifts into year-round gifts! Check out the first video here.
If you don’t already know, find out if your church offers recurring giving. If not, explore plans with Kindrid for a solution that fits your church’s needs! Want some help planning your strategy? Schedule a FREE coaching call with our Success Team!
