Thought Leadership

In the midst of uncertainty caused by shrinking profit margins and limited resources, C-Suite interest in and reliance on cash flow generated by development shops has never been greater.

Women make up 45 percent of American millionaires. In 2013, an estimated 60 percent of high-net-worth women made their own fortunes, and some estimates put as many as two-thirds of all wealth in the U.S. will be controlled by women by the year 2030.

Organizations recognize the value and benefits of developing training plans and delivery on the software system. When done properly, training can make employees more efficient—increasing proficiencies, productivity, and morale, while decreasing costs. But creating effective training isn’t easy.

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?

For the study in early 2017, over 600 nonprofit organizations in a variety of sectors from the U.S. and Canada were polled. The goal of the research was to assist organizations in seeing what prospect identification processes other nonprofits use, compare their effectiveness, and explore related insights.

In 2017, The Philanthropy Workshop released a study on the perspectives and philanthropic practices of high- and ultra-high-net-worth individuals. Highlighted are key survey findings, what these findings can mean for your organization, and the valuable next steps for moving forward.

Organizations often struggle to fully understand the distinctions between gift processing and finance roles and responsibilities. While these departments are sometimes viewed as one, they serve different but complementary purposes. Outlining the goals, priorities, processes, and needs of each department can help build a more cohesive and collaborative relationship.

Data governance committees can be a valuable resource in developing policies and procedures for effective data management and communication of the organization’s data standards. BWF reviews the components of a data governance committee and advises on how to establish one successfully.

During the strategy development process, we analyze, craft, and build targeted audiences for cultivation purposes. Of interest to our clients is how to find and deliver targeted messaging to high-net-worth constituents on Facebook. The growth of wealthy women on Facebook is of particular interest to organizations.