151: AI and Nonprofits: What’s Hype, What’s Real, and What Should You Do About It with Mallory Erickson

In this episode of What the Fundraising Podcast, In this episode, Mallory explores the convergence of AI and fundraising and addresses common inquiries to clarify AI's role in nonprofit fundraising. Also, she offers perspectives on the ethical use of AI and how it aligns with improving the well-being of fundraisers by reducing stress and increasing empowerment. Moreover, Mallory shares about the upcoming fundraising AI global summit held on October 23rd and 24th. This summit promises to be a transformative experience, featuring technology experts, one-on-one content, and comprehensive discussions on AI in fundraising. Whether you're new to AI or a seasoned expert, this summit is a must-attend event to unlock the full potential of AI in your fundraising efforts. So, mark your calendars and prepare to embark on a journey towards responsible AI usage, empowerment, and fundraising success. Don't miss the opportunity to be part of this groundbreaking summit—your path to becoming an emboldened and enabled fundraiser starts here!   In this episode, you will be able to: Explore AI as a tool to address specific challenges and pain points in fundraising rather than treating it as a quick fix or "shiny object." Analyze how AI can influence motivation, ability, and prompts in fundraising scenarios. Ask three crucial questions: Was there a prompt? How can the action be made easier? How can motivation be managed effectively? ; When faced with fundraising challenges. Approach AI decision-making by identifying the challenges and problems you face in fundraising rather than centering the technology itself. Engage with AI in fundraising to empower your work and avoid treating AI as a mere trend or buzzword. Consider attending the first-ever fundraising AI global summit on October 23rd and 24th, featuring technology experts and valuable one-on-one content! Get all the resources from today’s episode here.  Many thanks to our sponsor, iWave for making this episode possible. Our friends at iWave help nonprofits identify, qualify, and retain donors to raise more major gifts. Using their comprehensive software, iWave gives you access to the industry’s highest quality wealth and philanthropic information so you can determine who to ask, how much to ask for, and when to ask. To get a demo and learn more, check out iWave. Connect with me: Instagram: https://www.instagram.com/whatthefundraising_ Facebook: https://www.facebook.com/whatthefundraising YouTube: https://www.youtube.com/@malloryerickson7946 LinkedIn: https://www.linkedin.com/mallory-erickson-bressler/ Website: malloryerickson.com/podcast Loved this episode? Leave us a review and rating here: https://podcasts.apple.com/us/podcast/what-the-fundraising/id1575421652 If you haven’t already, please visit our new What the Fundraising community forum. Check it out and join the conversation at this link. If you’re looking to raise more from the right funders, then you’ll want to check out my Power Partners Formula, a step-by-step approach to identifying the optimal partners for your organization. This free masterclass offers a great starting point