For anyone who stays current with industry news, the principle of transparency has received a lot of attention lately. From Ray Dalio’s philosophy of “radical transparency”, which he discusses in his book, Principles, to Stanford’s recent research into “Fairness, Accountability, and the Transparency of Algorithms”, industry leaders are taking notice and challenging proprietary black boxes. […]
Consultants: Allison Gannon | Barett T. Christensen
BWF offers strategic fundraising services for nonprofits to invest their fiscal year-end dollars.
When I think of the next generation of donors, I think of individuals who were raised in an on-demand culture and have been shaped by social media, mobile technology, a post 9/11 world, and a deep recession. They are self-starters, self-learners, and self-motivators. Universal connectivity, highly curated global information, on-demand video, and 24/7 news cycles […]
What is your organization’s approach to assessing philanthropic capacity of your prospect pool? Do you use a formula provided by your wealth screening vendors or another industry-standard formula? Perhaps your organization assesses capacity based on demonstrated philanthropic giving to your institution or other nonprofits. As cost of living climbs in some U.S. cities to unprecedented […]
BWF Client Advisory — June 28, 2017 Today’s data-driven prospect development shops have more tools than ever before to identify top quality prospects. In a world growing more economically and culturally interconnected every day, the centers of wealth and philanthropy extend well beyond U.S. borders. Prospect development efforts, likewise, must bring a more global focus […]
Growing Relationship Management: Checks and Balances to Ensure Success In a recent blog post, BWF Managing Associate, Bond Lammey, wrote about the value of establishing a relationship management policy. The relationship between a robust major gift program and an effective relationship management system has long been viewed as closely correlated. The challenge often isn’t establishing a […]
Consultants: Allison Gannon | Emma Hinke | Josh Birkholz
In its 7th annual fundraising analytics survey, BWF reveals the evolving role of analytics and the analyst.
A great evolution in the application of data science to development that is taking place. Analytics is a catalyst of a broader transformation in the core business model of fundraising, providing insight into the operating methodology, practical applications for increasing return on investment, and perspective on the relative benefits of organizational modification.
Consultants: Bond Lammey | Josh Birkholz
Prospect development teams have grown in complexity and scope over the years. BWF outlines challenges for development teams and opportunities to address them in this article.
Prospect development professionals: problem-solvers and industry experts.
Predictive modeling, the process of using data patterns to predict future activity, is well established in fundraising for identifying prospects, prioritizing portfolios, and increasing return on annual giving investments. However, for many organizations, these likelihood indicators remain static for many … Continue reading →
In this issue of Points of Practice, Bentz Whaley Flessner outlines strategies for building meaningful relationships to and through the point of solicitation as well as for integrating a well-paced execution of key interactions. The article addresses what can often represent hurdles in the moves management process.
Consultants: Bond Lammey | Josh Birkholz
Integrated efforts toward managing the flow of prospects through the pipeline continue to evolve at a rapid pace. Read Bond Lammey’s and Josh Birkholz’s COAST strategy for communicating prospect development data with the intent to pursuade at https://www.nxtbook.com/nxtbooks/afp/ap_2014spring/#/56.
From the smallest community hospital to well-known academic medical centers, healthcare nonprofits must intentionally and strategically define their prospect pool in order to build and support a strong major gifts program. There are various ways to identify the most promising prospects for your institution; however, make sure that your process is systematic, results-oriented, and includes […]
CASE has released Bobbie Strands latest book on prospect research, A Kaleidoscope of Prospect Development: The Shapes and Shades of Major Donor Prospecting, and it has received very positive reviews. For three decades Bobbie Strand has been a leader in prospecting, and this work highlights best practices including new tools, data mining, database screening, volunteer […]