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By chris

5 Fool-Proof Steps to Fundraising With Prospect Research

Identifying major gift donors is an important step towards maximizing your organization’s fundraising efforts. In this guide, well cover five ways your can implement prospect research to better allocate your fundraising efforts:
  1. Prepare a strategy for handling prospect research. 
  2. Clean up old prospect data. 
  3. Analyze prospect screening results. 
  4. Go get those checks. 
jQuery(window).on("hashchange", function () { window.scrollTo(window.scrollX, window.scrollY - 190); }); What are you waiting for? Let’s jump right into the first step!

Step #1: Prepare a Strategy for Handling Prospect Research

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By chris

Expert Advice for Making the Most of Prospect Research

Whether your organization is a seasoned veteran with prospect research or a wide-eyed rookie, you should seek ways to get the most out of your investment. DonorSearch’s team has compiled advice from twenty fundraising experts on how nonprofits can make the most of prospect research this year at your organization.

Use tools and available resources to save time and increase efficiency

Make sure your development team is taking advantage of the various tools and resources available to conduct prospect research. New applications and prospect screening services can improve the effectiveness of your prospect research efforts. Also, explore the free resources available to nonprofits to see how they can supplement your fundraising activities.  Elizabeth S. Zeigler, President of Graham-Pelton Consulting, says:
In 2015 more so than ever before, major gift fundraisers must craft individualized cultivation and solicitation strategies in order to best engage prospective donors and match their interests to the needs of the nonprofit.  Graham-Pelton Consulting relies on DonorSearch research culled from dozens of sources to provide informed counsel that results in solid solicitation strategies and increased confidence in the person that will make the ask of the donor.
Marge King, President of the InfoRich Group, says: 
Using simple tools like bookmarking services and Evernote can increase a researcher’s efficiency. All prospects are unique, so finding tidbits of information about a prospect’s neighborhood or business sector may be just as unique or obscure. For example, according to IdeaPlotting, many of the most successful businesses have been started out of people’s homes or garages. While Google, Apple, and Microsoft are all now household names and you know all the wealth information about the executives, it wasn’t always this way. There’s a good chance you have donors running successful businesses that you don’t even know about. Or as another example, how many taxidermists have you researched? None? I’ve researched one in 15 years and it took some time to sift through sites related to taxidermy to find the useful sites for prospect research purposes. Using a good bookmarking service that allows user tagging or comments so that you may find that website that lists taxidermist fees or other obscure sites is key to efficiency. What is on the Internet today may be gone tomorrow. So, I also recommend using tools like Evernote to collect, organize, and store useful data like salary surveys.
Chris Dawson, Senior Prospect Researcher at University Hospitals, says:
My main advice is to be aware of all the possible tools that you can use as a researcher. By that I mean that while it’s easy to pick up a subscription for a service like DonorSearch, or LexisNexis, iWave, or any of the other companies (and I always do recommend that researchers look into these companies and get what subscriptions they can), a good researcher should always be aware of other resources that may be available that they didn’t originally consider, allowing them to expand their research capabilities, often at no cost.

The Foundation Center, with locations in New York, Cleveland, Atlanta, San Francisco, and Washington, are full of free resources to help researchers … and the Foundation Center also partners with a variety of local libraries and college libraries to have certain resources freely available there

And speaking of libraries … I can’t speak to every city library out there, but we found out almost by accident that Cleveland’s public library system had a host of research resources that were freely available to anyone with a library card. We were actually able to reduce our research budget by switching over to some of the research products that were available for free, rather than paying for them.

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By chris

Prospect Research & Matching Gifts: A Great Match

What’s better than a $3,000 donation? A $6,000 donation. Prospect research identifies prospective donors, and matching gifts allow you to double their charitable gifts. When you use prospect research and matching gifts hand-in-hand, you bring in multitudes of new donors who give twice the money.

What Is a Matching Gift?

Many corporations run charitable giving programs that match employee donations to eligible nonprofits. The check that the corporation writes is called a matching gift. For example, Amy from American Eagle Outfitters donates $300 to her daughter’s university. American Eagle matches the gift 1:1 (other companies will match 2:1 or even 3:1), and writes the university a check for $300. This doubles Amy’s gift into a $600 donation. The $300 check from American Eagle is the matching gift.

How Do Matching Gifts Improve Prospect Research?

Over 65% of Fortune 500 companies offer employee matching gift programs, so there are a lot of gifts out there, big and small, that can go twice as far. Major donations take on increased meaning when they can be matched. For example, Amy’s husband, Xavier, works for Bank of America, which matches gifts 1:1. Xavier donates $5,000 to his son’s K-12 school, and Bank of America matches, which doubles the donation to $10,000. $5,000 is a lot of money to leave on the table. For smaller donations, such as $50 gifts, those $50 matching checks add up fast. Prospect research reveals not just where a donor works, but where spouses work. For example, the university’s prospect screening reveals that Amy’s husband gave $5,000 to a K-12 school, so they recognize Xavier as a potential major donor. They also know that he works for Bank of America, which matches gifts, and thus the harmony of prospect research and matching gifts strikes again. Prospect research unearths the donors, and matching gifts get the most out of every eligible donation.

Why Is This Marriage Vital for Fundraising Success?

Annually, some $6-$10 billion in matching gift funds go unclaimed. That’s a lot of cash! Companies experience low participation rates in their matching gift programs, which leads to all this unclaimed money. Remind your donors about matching gifts in order to claim your fair share. If you mention matching gifts in fundraising appeals before a donation is made then response rates go up by an average of 71% and the average donation amount increases by 51%. Just mentioning matching gifts makes people more likely to give and willing to give more, which is likely due to the fact that they know that their money will go further. Not only do matching gifts double donations, but they increase the number of donations and the dollar amounts of those gifts. Finding and informing matching-gift-eligible prospects is crucial to maximizing fundraising, so employ proper prospect research techniques. It’s one thing to find prospects and one thing to know about matching gifts, but it’s fundraising bliss when the two conjoin.    

By donorsearch

3 Ways to Segment Your Donors for Prospect Research

If your nonprofit organization is conducting prospect research, you typically won’t be able to screen everyone due to time and resource constraints. One of the first major decisions you will likely need to make is which donors on your list or within your database to research. This is one of the most important decisions your organization will need to make because it plays a major role in how the results can be implemented into your fundraising activities. Think strategically about why you are performing prospect research and how you will use the results. Here are a few sample questions to ask yourself or your development staff:
  • What information does your organization already have about your donors?
  • Is your organization performing prospect screening before or after a major fundraising event?
  • Will the prospect research be used to help with a specific type of fundraising (i.e., major giving, annual giving, planned giving)?
  • Is your organization trying to identify new donors or learn more about existing donors?

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By donorsearch

Top 5 Indicators of a Great Fundraising Prospect

// The secret to a successful fundraising campaign is identifying the right prospective donors – those who care about your organization and are able to make a significant contribution. Finding these donors is the tricky part! Whether you have experienced this problem firsthand or are planning your next fundraising campaign – this article is here to help. We are going to explore the top five factors that most accurately predict future giving.  Based on an analysis of $5 billion in known giving to 400 nonprofit organizations, here are the top five data-driven predictors of future giving: We’re going to discuss each of these points in detail. Click on any of the links above to scroll to a particular section.

Philanthropy Predictor #1 – Past Charitable Giving to Your Organization

Loyal donors are a nonprofit organization’s best friend. Donors that have given charitably in the past are more likely than the average individual to give in the future. Of all factors analyzed, past giving to a nonprofit is the strongest predictor of future philanthropy. The evidence is right there in the data. We know that this may seem like a straightforward conclusion, but it’s crucial to note. Too many nonprofits don’t place enough emphasis on donor retention, and, as a result, miss out on the opportunity to upgrade high-quality, existing donors. Don’t miss out!  To quantify previous giving, use an RFM score. An RFM score serves as an internal analysis of the relationship you have with each of your prospects. An RFM score factors in three pieces of data:
  • Recency of giving: How recently has an individual made a charitable donation?
  • Frequency of giving: How often has an individual donated? (i.e., weekly, monthly, annually)
  • Monetary contribution: How much has an individual given?
On your own, you can review your list of existing donors and rank them according to each of these three dimensions (suggested scale of 1-100). For example, a prospect that has given the most money would receive a high score on the monetary contribution factor whereas a prospect that has given less money would receive a lower score. After every factor is sorted and rated, the three ratings are added up to make the RFM total. Thus, the closer to 300, the better your relationship is with that donor. If data is unavailable for one of the three fields, then the RFM total will be out of 200 (or 100). Please note – if you work with a prospect screening company then they should calculate each donor’s RFM score for you.

Philanthropy Predictor #2 – Past Charitable Giving to Other Nonprofit Organizations

Philanthropic giving to other nonprofit organizations is the second most predictive sign of future giving. It makes sense intuitively – people who are already philanthropic are more likely than the average person to give charitably. What’s particularly interesting is how powerful a predictor this is:
  • Individuals who have made a gift of over $100k to a nonprofit are 32 times more likely to make a charitable donation elsewhere.
  • Individuals who have made a gift of $50k – $100k to a nonprofit are 25 times more likely to make a charitable donation elsewhere.
  • Individuals who have made a gift of $10k – $25k to a nonprofit are 10 times more likely to make a charitable donation elsewhere.
  • Individuals who have made a gift of $5k – $10k to a nonprofit are 5 times more likely to make a charitable donation elsewhere.
To determine giving to other nonprofits, DonorSearch uses its proprietary annual report philanthropy database, which is the second largest collection of charitable giving data and includes giving information no longer publicly available.

Philanthropy Predictor #3 – Involvement in Nonprofits as a Foundation Trustee or Director

Based on the analysis of charitable giving to over 400 nonprofits, a prospect’s participation as a foundation trustee or nonprofit director is a more powerful signal of future philanthropy than any wealth indicator. Why? These prospects understand the importance of philanthropy and the work nonprofits do because they have firsthand experience. When you make your fundraising case to them, they’re more inclined to understand where you’re coming from and where’d like to go better than any other prospect. Simply put, their ingrained knowledge of the fundraising world is a huge benefit to your cultivation process. Once you’ve successfully acquired a donation from them, there are more benefits to come.  These prospects are valuable because of the connections they bring. Any given foundation trustee or board member is bound to have ties to the other members of their foundation or nonprofit board. And those other members can become high-quality future prospects, too! Any experienced major gift officer will tell you how difficult it can be to get your foot in the door with a high-quality prospect. Once you’ve developed relationships with a group of foundation trustees or board members, you can ask them to make introductions to other top-notch prospects. From there, the introduction cycle continues!

Philanthropy Predictor #4 – Political Giving

Political giving is another excellent predictor of future giving. A single lifetime FEC gift of $250 puts your constituent into the top 6% of the US population. What’s more, a single lifetime FEC gift of $1,000 puts your constituent into the top one tenth of one percent. The predictive power of political giving is huge:
  • An individual who has given at least $2,500 in his/her lifetime to federal political campaigns is 14 times more likely to give a philanthropic donation than someone who has not.
  • An individual who has given at least $500 in his/her lifetime to federal political campaigns is 5 times more likely to give a philanthropic donation than someone who has not.
Why is political giving so predictively powerful? The answer is two-fold:
  1. The size of a prospect’s past political gifts can clue you in to the giving capacity of a particular candidate.
  2. Anyone who gives a political donation is clearly open to making a donation to a cause they feel passionate about. If you can strike a similar chord in your communications with those prospects, you’ll have a greater chance of securing a gift.
When you’re ready to dive into the data on political giving, check out the FEC.gov database for a free treasure trove of records of political gifts. Learn more about the resource here!

Philanthropy Predictor #5 – Real Estate Ownership

The last factor we will focus on is real estate ownership. Given the limits of wealth screening, this is the only true wealth indicator to have made it on our list. Here is what we found:
  • An individual that owns $2+ million worth of real estate is 17 times more likely to give philanthropically than the average person.
  • An individual that owns $1-2 million worth of real estate is 4 times more likely to give philanthropically than the average person.
  • An individual that owns $750K – 1 million worth of real estate is 2 times more likely to give philanthropically than the average person.
What does this tell us?  This correlation between giving likelihood and property worth demonstrates one important fact. Real estate ownership is more than just a wealth marker; it’s a philanthropic indicator as well. Just like political giving, its predictive powers are two-fold. Plus, real estate ownership can be plugged into a larger formula that assists in calculating a donor’s total wealth, which, in turn, helps assess giving capacity scores. In short, real estate ownership is a wealth marker you can’t afford to look past. 

How can nonprofits uncover this information about their prospects?

If you don’t have information about any of the predictors listed within this article, then your organization should consider investing in prospect screening. Performing prospect research prior to a fundraising campaign will provide you with all the information listed within this article and help your organization prioritize its donors accordingly. That way, your development staff can spend less time doing research and more time fundraising. If you’re interested in learning more, schedule a demo of DonorSearch’s prospect screening services >

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By donorsearch

Free Webinar: Utilizing Prospect Research & Wealth Screening at an Independent School

Interested in learning about how to fundraise more effectively at your independent school? Join Bill Tedesco, CEO of DonorSearch, in a free webinar about how to make the most out of prospect research and wealth screening services at an independent school. The webinar will cover a range of topics including:
  • The top indicators of a good fundraising prospect
  • Strategic ways to segment your alumni and constituents for research
  • The benefits and limits of wealth screening
  • How to use alumni events to cultivate new prospects

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By donorsearch

Seven Big Benefits of Prospect Screening

If you have ever worked in fundraising at a nonprofit organization, then you understand the importance of a positive return on investment. As a member of a development team, you make choices every day about what types of fundraising activities justify your budget dollars and staff time. Whether your nonprofit organization is small or large, established or new, prospect research can enhance your fundraising capabilities and help your organization spend its dollars and staff time strategically to ensure the maximum return on its fundraising investment.

Here are the top seven reasons your organization should place an added emphasis on prospect research:

Refine major gift prospect outreach

The biggest cost to a fundraising campaign is not software, travel reservations, or event planning – it is staff time. Every minute your staff spends on a low quality prospect is a wasted fundraising opportunity. Prospect screening can help your development team identify which donors to focus on based on if they have given charitably in the past and have the capacity to make a major gift in the future. Additionally, understanding the specifics of a donor’s financial situation can enable you to refine the suggested gift amount to ensure it is both appropriate and capitalizes on a donor’s capacity to give.

Convert annual fund donors to major gift prospects

Prospect screening can reveal which of your annual fund donors have the capacity to make a major gift. For example, let’s say you have a donor that has made multiple $100-$500 gifts over the course of their lifetime – clearly this individual has an affinity for your cause and loyalty to your organization, but that is all you know! Through prospect research, you identify an additional $5000 gift that they had made to another nonprofit organization – revealing their potential as a major gift donor vs. just an annual fund donor. For more on annual giving, check out our list of annual fund strategies. By identifying which of your loyal donors have made a major gift elsewhere, you can find new major gift prospects within your existing donor population.

Identify planned or deferred giving prospects

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By donorsearch

Limits of Wealth Screening

All too often when nonprofits decide they want to invest in prospect research, they focus specifically on wealth screening. While having some information is better than no information, wealth data is just one indicator of many when it comes to predicting a prospect’s likelihood of giving. Additionally, research has shown that historical charitable giving data is a much stronger predictor of future charitable giving. For this reason, nonprofits that just focus on wealth screening are losing out on valuable information about their list of prospects and missing an opportunity to get the most out of their fundraising activities.

What is wealth screening?

Wealth screening is a subset of prospect research focused on wealth indicators such as real estate ownership, stock holdings in public companies, and business affiliations.

Why is wealth screening important?

Wealth screening is an essential part of the prospect research process. Understanding a prospect’s financial situation can provide insight into:
  • Capacity to give
  • Likelihood of giving
  • Ways to segment outreach
  • Suggested donation ranges
  • Relationships with other potential prospects unfamiliar with your organization

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By chris

Prospect Research and Wealth Screening Statistics

Are you considering prospect research or wealth screening? Both these tools have several benefits for your organization. With prospect research, you can find potential donors and supporters for your cause. Plus, learning information on your prospects can help you create a better cultivation plan. Additionally, wealth screening can help you learn more information on your current donors to see which supporters have the capacity and willingness to give more to your cause. But don’t let us convince you on the merits of these tools! Check out these statistics to see just how beneficial prospect research and wealth screening can be for your organization:
  1. Prospect Research Statistics
  2. General Philanthropy Statistics
Let’s start with prospect research statistics!

Prospect Research Statistics

Past charitable giving

  • Donors that made a gift of $100k or more to at least one nonprofit organization, which account for .7% of records analyzed, make up 24.1% of total monetary donations and are 32 times more likely to make a charitable donation elsewhere than the average person.
  • Donors that made a gift of $50k – $100k to at least one nonprofit organization, which account for .5% of records analyzed, make up 13.5% of total monetary donations and are 25 times more likely to make a charitable donation elsewhere than the average person.
  • Individuals who have made a gift of $10k – $25k to a nonprofit are 10 times more likely to make a charitable donation elsewhere than the average person.
  • Individuals who have made a gift of $5k – $10k to a nonprofit are 5 times more likely to make a charitable donation elsewhere than the average person.
Source: DonorSearch proprietary charitable giving database

 FEC charitable contributions

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By donorsearch

Eight Types of Essential Prospect Data

// When conducting prospect research for your next fundraising campaign, there are countless types of information that you may find useful in your evaluation of whether an individual is a strong prospect. Just remember that all data is not equally meaningful when it comes to fundraising! For this reason, we have compiled a list of the eight most essential types of data that you should include the next time you conduct prospect research.
  1. Previous Donations to Your Nonprofit
  2. Past Charitable Giving to Other Nonprofits
  3. Political Giving
  4. Nonprofit Involvement
  5. Real Estate Ownership
  6. Business Affiliations
  7. Securities and Exchange Commission (SEC) Insider Stock Transactions
  8. Personal Contact Information
Each of these data types brings its own valuable predictive qualities to the prospect research table. And we’re going to cover every item on this list in depth. If you want to jump ahead to a particular data point, click on any of them to be directed right to that section. Otherwise, let’s begin at the top of the list: Previous Donations to Your Nonprofit.

Previous Donations to Your Nonprofit

This should be common sense and is the reason why fundraisers solicit the people who have given previously before reaching out to anyone else. In fact, our research has proven that past giving is the greatest indicator of future giving.  For instance, a donor who has contributed a gift ranging between $5,000 and $10,000 to a nonprofit is five times more likely to make a charitable donation than the average person. If your nonprofit has already done the hard work of cultivating a donor once, you don’t want to let that relationship lapse. Capitalize on the likelihood that they’ll give again and make sure your stewardship is top-notch in the meantime. Plus, a major benefit of organization-specific philanthropy data is that it is free and easy to access if your nonprofit has collected the data over time. You just need to quantify past giving. The best way to evaluate and organize past giving is through the use of an RFM score. An RFM scores stands for:
  • Recency of the last gift: When did the donor last make a contribution?
  • Frequency of giving: How often does the donor give?
  • Monetary contribution: How much has the donor given?
By combining these three factors into a super-score of sorts, you’ll have a much clearer sense of how to prioritize your outreach to existing donors. The drawback of this data is that it doesn’t allow you to identify individuals who made small donations previously but have the potential to become major donors. In order to do that, you’ll need to combine your analysis of prior giving to your nonprofit and various other data points we’ll be touching on throughout this article.

Past Charitable Giving to Other Nonprofits

Research has shown that past charitable giving to other organizations is one of the best predictors of whether a prospect is likely to make a donation to another nonprofit organization. Many nonprofits make their annual reports and recognition documents available either online or in-person, so there’s the possibility to cross-reference your donor base with other nonprofits’ giving data. However, some internet-based annual reports are taken down over time, and publishing annual reports online is not a regulatory requirement. This means that the data available online may be a fraction of all gifts made. If you already subscribe to DonorSearch’s online research tools, make sure you are utilizing our Annual Report Philanthropy Database. It’s already the second largest collection of charitable giving data available anywhere and is growing quickly by 50,000-100,000 records per day. It is a proprietary philanthropic database that includes hard-to-find print references and internet-based annual reports harvested from nonprofit websites. This comprehensive collection spans seventeen years, with millions of records from the mid to late 1990’s, even better coverage for each year of the previous decade and one of the fastest growing collections for 2010, 2011, and 2012. The database provides access to giving information that was previously published on the internet, but is no longer available, and the broadest collection of printed documents not available elsewhere.

Political Giving

Your prospect’s lifetime giving to political campaigns is an excellent predictor of future philanthropy. For example, virtually every FEC donor that has lifetime political giving of $10,000 is wealthy and has the capacity to make a major gift. This information is publicly available because the Federal Election Commission (FEC) regulates political giving to federal campaigns and requires that campaigns report the following:
  • The name of the donor
  • The occupation of the donor
  • The address of the donor
  • The date of the gift
Political giving is considered such an important data type for two main reasons:
  1. The amount someone has given to political campaigns is a good indicator of how much they’d be able to give to your organization. If someone is regularly donating large sums of money to political campaigns, they’re likely major-gift-qualified prospects for your organization.
  2. The fact that someone is willing to donate to a political campaign speaks to their openness to take action. When a person makes a political contribution, they are essentially recognizing a cause they care about and doing something about it. If your nonprofit can inspire the same kind of passion in your cause, you’ll be in good shape!
Plus, political giving also speaks to a prospect’s interests. For example, imagine your nonprofit’s mission focuses on arts education. You might find that your prospect donated to the political campaign of a senator whose platform involved increasing funding for arts education. You can leverage that aligned ideology to better connect with your prospect during cultivation. Convinced of its value? Simply head over to FEC.gov and perform a quick search (you can read more about the tool in our list of prospect research resources and tools).

Nonprofit Involvement

Nonprofit involvement indicates that a prospect understands the value and the importance of philanthropy – this is especially true of any prospects who sit on foundation boards as trustees. Fortunately for nonprofits trying to conduct prospect research, foundations are required to report their trustees, and GuideStar has made that information available through a search function on their website. Additionally, if you can successfully solicit a gift from someone involved in other nonprofits and steward them into loyal donors, you’ll be able to leverage their connections down the road. When you’re actively seeking major gifts, every connection counts. Picture the difference between one of your major gift officers cold calling a new prospect versus one of your loyal and active donors making the introduction over a shared lunch. It’s incredibly valuable to have donors who are prominent in the philanthropic community. They’ll be able to help you expand your network. And that expansion starts with recognizing those involved in nonprofit work and cultivating your relationships with them. Let prospect research highlight who those candidates are.

Real Estate Ownership

Real estate ownership is another helpful indicator of whether or not a prospect will be philanthropic. Our research has shown that individuals who own real estate valued at over $2 million are statistically much more likely to make a charitable donation than the average individual.  If you can identify donors who have substantial real estate investments, you can incorporate this information into your prospect outreach plan. One benefit of real estate information is that some of it is publicly available through different free websites such as Zillow or in-person at the local county tax assessor’s office. Determining if a prospect has significant real estate holdings is an involved process that is part art and part science. You’ll have no shortage of concrete data available, but you’ll need to pay careful attention to the manner in which you contextualize it. You can test out the following methods to better understand your prospect’s real estate data:
  • Using a screening tool to do the heavy lifting and not only find the real estate holdings but learn what they mean and could predict.
  • Scanning a real estate website, like Zillow that we mentioned earlier, to figure out property values.
  • Checking with the county tax assessor for official records of purchase prices and property values.
  • Considering the role geography plays by asking:
    • How does property value change if you adjust for inflation in certain cities?
    • Is this property a main residence? Business venture? Vacation home?
    Stepping back from the data and seeing how it fits into the larger image you have of your donor. Learn more about investigating a prospect’s real estate holdings here!

    Business Affiliations

    Another insightful category of information is a prospect’s business affiliations. This includes details on a prospect such as:
    • Basic employer information.
    • Role at their company.
    • Whether they sit on any corporate boards.
    • And more!
    There is a multitude of resources you can take advantage of to better make sense of a prospect’s business affiliations. Some of those resources are:
    • DatabaseUSA
    • OpenCorporates
    • LinkedIn
    • And even sites like Facebook and Google
    Understanding a prospect’s business affiliations can provide insight into his or her capacity to give as well as identify relationships with other potential donors. So, just as with political giving, the benefits of studying business affiliations is two-fold:
    1. Often, gaining greater insight into a prospect’s professional life can also act as window into their financial life. If you know what someone does for a living, you should be able to extrapolate a rough estimate of salary and similar factors which play into total wealth.
    2. Just like you can leverage the relationships of donors involved in other nonprofit work to meet new prospects, you can take a similar approach to those supporters who have strong business ties. Professional affiliations can be the key to a whole new world of supporters.
    In other words, business affiliations are vital in developing your organization’s grasp of not only the prospect’s potential as a donor but also the prospect’s potential as a supporter.

    Securities and Exchange Commission (SEC) Insider Stock Transactions

    Another publicly available type of information is SEC stock holdings at publicly traded companies. This data is reported to the SEC and provides insight into an individual’s capacity to give. Keep in mind, SEC Insider Stock Transactions are one of the top wealth markers, but they don’t tend to speak to philanthropic capacity. Essentially, this information may have limited predictive ability for an individual’s willingness to give. Plus, any ownership of privately held companies won’t be captured. Those notes aren’t to say that you shouldn’t take advantage of the financially predictive capacity of SEC stock holdings. They’re just meant to point out that stock ownership should be one point amongst the group and not the driving indicator. On the whole, prospect research is a holistic process. You should aim to be as comprehensive with your investigation as possible. That’s why we place so much emphasis on philanthropic research. Delve further into the role of SEC holdings in the prospect research process by studying up on the wealth screening guide

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