Secure opportunities faster and gain the help and support you need from donors willing to support your cause by having the tool to help you get warmer when discovering prospects. Get familiar and choose your own robust donor prospect research software and ensure to invest your time and energy to prospective donors that bring you closer to your goals.
15+ Donor Prospect Research Software
1. iWave
2. DonorSearch
3. WealthEngine
4. Foundation
5. Instrumentl
6. Blackbaud Target Analytics
7. EverTrue
8. Millennium
9. Tessitura
10. Fundraising Report Card
11. Fundmetric
12. DonorScape
13. Reeher Platform
14. Salesforce for Nonprofits
15. ResultsPlus
16. Wealth-X Integration
What Is Donor Prospect Research Software?
Donor prospect research is a digital solution that streamlines searching processes for prospective donors that show the most potential to become high-value donors for fundraising and nonprofit organizations. It integrates information from CRM software and other databases and centralizes tools necessary in a single interface. With this, you can process, track, and compile data analytics for discovering prospects and matching them to grant programs. Also, it helps you determine wealth markers and measure how much involvement prospects have shown in the past events.
Benefits
With this software technology, you can minimize manual intervention with your processes and incorporate workflow automation to optimize tasks and increase productivity. Also, it serves as a rich data source aiding end users to make data-driven decisions and take informed processes in developing strategies for establishing and building relationships with donors.
Features
The software market can present you with plenty of pages of results donor for digital solutions that can help you with discovering prospective donors. Although each can help you, choosing the right software is still crucial for achieving your objectives for your donor prospect research activities. Multiple aspects require your attention when deciding on your software. It involves the prices they offer for their subscription plans, supported digital devices, and whether or not they provide the following features:
- Data collection tools
- Nonprofit database
- Nonprofit CRM software integration
- Contribution tracking capabilities
- Custom dashboard
- Fundraising software tools
- Wealth screening tools
- Advanced analytics
- Audience targeting capabilities
Top 10 Donor Prospect Research Software
1. Blackbaud Target Analytics
Blackbaud Target Analytics is a donation management solution with fundraising management and reporting capabilities. They have employed 3,100 people and have 913 million dollars in generated revenue.
2. Millennium
Millennium is a nonprofit software that has compliance management and donor management capabilities. Its developer, Community Brands, has 111.8 million dollars in generated revenue and has 771 employees.
3. Tessitura
Functionalities for donor relationship management and membership management are accessible in this nonprofit solution. They have 230 employees in their team and have 33.4 million dollars in revenue.
4. WealthEngine
With this wealth intelligence software, you can use prospecting features and predictive analytics. They have a revenue of 16.4 million dollars and have 82 employees working for them.
5. DonorSearch
This donor searching software offers data analysis and search functionalities. They have 15 million dollars in generated revenue and have 100 employees in their team.
6. iWave
This digital solution has nonprofit CRM software tools and an activity dashboard. They have 88 people working for them and have 12.8 million dollars in revenue.
7. EverTrue
EverTrue is a higher education software with donation tracking and donor discovery features. They have 39 people working for them and have 8.7 million dollars in revenue.
8. Fundmetric
With this data capture solution, you can utilize campaign management and fundraising management features. They have 59 people in their team and have 5 million dollars in generated revenue.
9. Fundraising Report Card
Prospect management and contribution tracking tools are features you can use in this fundraising solution. They have generated a revenue of 5 million dollars and have employed over 25 people.
10. Instrumentl
With Instrumentl, you can streamline grant management and access a contact database. They have 1.6 million dollars in generated revenue and have 11 employees.
FAQs
What are points to consider in donor prospect research?
When delivering your donor prospect research process, there are points that you should look into to ensure that you can focus on donors with high giving capacity on your list. It involves their contributions to political causes and their relationship and involvement with your nonprofit organization and other nonprofit activities. Their personal information and network also belong in the prospect research checklist to consider.
Who should use donor prospect research software?
Donor prospect research software is not exclusive to nonprofits. Even though organizations that manage philanthropic causes and grant programs get the most help from this technology, groups under other industries also need this software solution. It includes healthcare organizations, educational institutions, religious organizations, and other groups that need to implement donor outreach strategies.
What are tips for successful donor relationship management?
Establishing a constant connection with donors and giving them timely updates regarding the progress of their cause are some of the tips you should embrace to improve results. Another practice you should follow is to ensure visibility and transparency over data. To do so, you should secure unified communications and collaboration tools.
Get the funds you need and earn the necessary support to get your projects and activities on the go by shifting your prospect research efforts digitally. Show off your skills and pair them with the best donor prospect research software, and gain donors that will help you deliver impact for the long term.
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