The document discusses the fundamentals of fundraising in the digital world. It notes that while the tools have changed from Fundraising 1.0 to 2.0, the basic principles of identifying prospects, running fundraising programs through various channels like events, membership, and direct response, remain the same. The document outlines four steps nonprofits should take which include telling a compelling story, being a good marketer as well as fundraiser, keeping messaging strong and consistent, and using data from mistakes to improve. It also discusses how to evaluate the cost-benefit analysis of using social media for fundraising by considering the staff time, technology costs, and promotion expenses required versus the potential returns.