How can you measure the effectiveness of your budget planning tool for a fundraising campaign?
Budget planning is a crucial skill for any fundraising campaign, as it helps you set realistic goals, allocate resources, track expenses, and evaluate results. But how do you know if your budget planning tool is effective and accurate? In this article, you will learn how to measure the effectiveness of your budget planning tool for a fundraising campaign using four key indicators: return on investment, cost per dollar raised, variance analysis, and donor satisfaction.