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In the July 2011 Issue
:: Letter from Jen
:: How to Find Giving History
:: Resource Spotlight: TACPhilanthropy YouTube
:: Focus on Aspire Research: New Article on Campaigns
:: For more information
Dear ,
I'm pretty savvy with my computer, but when it refused to run one of my programs this week and my clumsy attempts at cleaning it up created even more of a mess, I knew I needed a professional. The cost for repair was minimal compared to the possible loss in revenue or worse, much worse, a relationship compromised.

In this issue I teach you some techniques to find giving history. And inevitably someone will say - you shouldn't give so much away for free! Maybe it is my inflated ego, but I haven't run into many fundraisers who can or want to spend 6 to 12 hours scouring for every detail on a prospect and many more get glassy-eyed at the thought of setting up multiple queries and analyzing the results to begin filling their campaign table.

The trick is to recognize the moment when having an expert solve the problem provides cost savings and/or greater value. Having the wisdom to recognize those moments is often what separates the very successful from the rest of the pack.

Cheers,

-Jen Filla   

President
Aspire Research Group LLC   

 

P.S. I am now on Twitter! @jenfilla

 

How to Find Giving History

A great way to qualify a prospect and gain insight on a donor is to learn about the person's giving history with other organizations. This demonstrates philanthropic inclination and aids in determining how much to ask for. But where do you find this lucrative information?

The Vendors
There are vendors who crawl through the web and/or scan and index printed donor recognition reports (NOZA, DonorSearch, iWave, WealthEngine). You type in the name and maybe some other criteria, and the software lists all the gifts found that match that name as a donor.

Do it Yourself
You can do the same thing using search engines, but it can be a bit hairy if your prospect has a very common name. And you won't find old listings that have been removed from the internet. Using Google, click on the Advanced Search link found somewhere near the search box. This gives you a form to complete. Fill in the blanks under Find web pages that have... as needed. Try different combinations of the prospect name, including maiden and nicknames. But the real magic happens under the Need More Tools? options.

Search within a site or domain
You have a few ways to play with the Search within a site or domain option. You can choose just ".edu" or ".org" or you might choose the domain of an organization you know your prospect has an affinity with such as "afpsuncoast.org". Once you start to fool around with these options you will find what you want much more quickly.

What if I don't find any giving?
Just because a vendor or your own searches do not turn up any record of giving does NOT mean your prospect does not make gifts. Many organizations never publish the names of their donors. Does your organization publish donor lists? If you do not find any giving, and even if you do, you have a few options still available to you to determine philanthropic inclination.
  1. Does the person volunteer, serve as board member or is involved in some other way with charitable organizations? (Don't forget church membership here.) People who are involved are more likely to give.

  2. Does the person attend lots of charity benefits and events? Sometimes an area has a culture of charity events and donors are not really asked for other gifts.

  3. Check for Federal Election Campaign Contributions (www.opensecrets.org) because these donations are correlated positively with charitable giving.

  4. If you know where she went to school, search that domain for your prospect's name. Many schools publish every alumni donor, regardless of gift size.

Should I Do it Myself? 

If you are a fundraiser, using these tools can give you a quick information edge as you qualify and cultivate your donor prospects. But you will find that if you get carried away trying to do all your own donor research two things are likely to happen:

  1. You will spend less time cultivating, asking and stewarding your gifts, which results in fewer gifts; and

  2. You will be much more likely to ask for smaller gifts than you might if you were better informed about your prospect.

Do I think you should know some basic prospect research techniques? You betcha! It's a life skill these days. Just make sure you spend most of your time with your donors, not behind your computer screen.

 
Resource Spotlight: TACPhilanthropy YouTube Channel

I have highlighted The American College's YouTube Channel before, but they keep adding good stuff!

The videos are aimed at financial advisors, but -hello!- fundraisers need to talk about money too!


Titles include Addressing the Emotions of Money, Women Wealth and Giving, and The Changing Face of Philanthropy

 

Focus on Aspire Research: Enough Donors for Campaign?

 

The Association of Fundraising Professionals, Greater Philadelphia Chapter (AFP-GPC) asked me to write an article for their newsletter, Fundline. I was pretty tickled!

 

To fit in with my workshop for them in September, I wrote: Do you have enough donors for your campaign? It gives an introduction into using a screening, building the campaign table and finding new donors. Definitely a teaser for the workshop! 

For More Information...

 

Headquartered in Tampa Bay Florida we believe every development office should have the benefits of professional prospect research. We help academic institutions and local and national nonprofits boost their fundraising by:

Contact Aspire Research Group today!

 

(727)231.0516 or (800) 494-4132

jen at aspireresearchgroup.com