What is the first thing that comes to your mind when I say “non-profit organization”? Is it a shelter for the homeless, orphan kids? Or maybe an animal rescue shelter? I bet “technology” wouldn’t make it to your train of thoughts, until now. Why would it? People integrate the Fourth Industrial Revolution – AI & ML within their businesses and companies, but nobody would associate a non-profit with cutting-edge technology.
Private corporates are weaponising themselves with artificial intelligence, machine learning, and data analytics – for the obvious goals of increasing revenue and reducing costs. However, from a non-profits’ perspective, their goal is to up their efficiency and automate administrative tasks. Given that there are limited resources to use, infusing the technology within their internal operations and external communications cuts down the waste of resources and time. Not only does it save the volunteer’s time but also enhances the organisation’s growth.
How can AI benefit Non-Profits?
Fundraiser strategies, volunteer efforts, engaging with people and donors – non-profits and charitable organisations depend highly on these activities to bring about a change, make an impact in society. High amounts of data are generated every day – right from details of the people admitted into the organisation to the volunteers and the donors. Sifting through manually can become time-consuming. With a limited set of hands juggling multiple responsibilities at once, it is nonetheless inefficient.