Donor Prospect Research Statistics


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Donor Prospect Research Statistics 2023: Facts about Donor Prospect Research outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Donor Prospect Research, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

How much of an impact will Donor Prospect Research Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your questions here.

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Top Donor Prospect Research Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 15 Donor Prospect Research Statistics on this page 🙂

Donor Prospect Research “Latest” Statistics

  • According to one survey, just 4% of contributors account for 76% of all donations, meaning that these kind donations are having some of the greatest effects on your cause.[1]
  • Despite accounting for just 8.5% of all fundraising efforts, a significant number of contributors still like it.[1]
  • According to the Double The Donation, 84% of donors say they’re more likely to donate to a nonprofit if a match is offered.[1]
  • DonorSearch uses philanthropy analysis to locate 30% more eligible contributors.[2]
  • Greenpeace retained 64 at-risk donors in a single month after using Dataro to predict who would be the most likely to lapse, resulting in an extra $23,040 for their mission.[2]
  • A prospect researcher determines a capacity rating by looking for visible assets then choosing a wealth estimator formula, often applying a percentage between 2%-5% of wealth estimation and that becomes the donor’s capacity rating.[3]
  • 25 times more people in 100,000 are inclined to give to charity.[4]
  • A political gift of just $500 makes someone 5 times more likely to make a charitable donation than the average prospect.[4]
  • If real estate is known to be 20% of total wealth, the formula would be “Sum of Real Estate Holdings x 5 = Total Wealth”.[4]
  • Many organizations already have some form of big gift plan in place since, according to some fundraising experts, just 4% of contributors account for 76% of all donations.[5]
  • According to Double The Donation, an estimated $4-7 billion in matching gift funds goes unclaimed per year.[5]
  • Every year the university must acquire a significant number of new donors to offset the nearly 50% of donors they lose from the previous year.[6]
  • According to the Helen Brown Group, the donors who stop donating tend to leave between their 5th and 6th years of consistently donating to the annual fund.[6]
  • Internet contribution income climbed by 23% in 2020, and this trend is anticipated to continue.[7]
  • The majority of an organization’s income and growth funds come from the 12 percenters, who are the largest contributors.[7]

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How Useful is Donor Prospect Research

One of the key benefits of donor prospect research is the ability to prioritize and target outreach efforts. Rather than blindly reaching out to a wide audience in the hopes of securing donations, organizations can focus their efforts on individuals who have a higher likelihood of giving. This targeted approach not only saves time and resources but also increases the chances of securing meaningful donations.

Moreover, donor prospect research allows organizations to tailor their fundraising strategies to match the interests and preferences of potential donors. By understanding what motivates individuals to give, whether it be a personal connection to the cause or a desire for recognition, organizations can craft compelling appeals that resonate with donors on a deeper level. This personalized approach not only increases the likelihood of securing donations but also enhances relationships with donors in the long term.

Additionally, donor prospect research provides organizations with valuable insights into the giving capacity of potential donors. By analyzing financial data and wealth indicators, organizations can make informed decisions about the size and nature of donation requests. This ensures that fundraising efforts are both realistic and effective, maximizing the potential for securing generous donations.

Furthermore, donor prospect research can help organizations identify opportunities for partnership and collaboration. By gathering information about potential donors’ affiliations, connections, and interests, organizations can uncover potential collaborations that could benefit both parties. This not only expands the reach and impact of fundraising efforts but also fosters a sense of community and support among like-minded individuals and organizations.

While donor prospect research is undeniably a powerful tool for non-profit organizations, it is important to approach it with caution and ethical considerations. It is crucial to respect donors’ privacy and confidentiality, ensuring that information is gathered and used in a responsible and respectful manner. Organizations should also be transparent with donors about the sources and methods of research used, fostering trust and credibility in their fundraising efforts.

In conclusion, donor prospect research is a valuable asset for non-profit organizations looking to enhance their fundraising efforts and expand their donor base. By prioritizing outreach efforts, tailoring fundraising strategies, analyzing giving capacity, and exploring collaboration opportunities, organizations can maximize the potential for securing meaningful donations and building lasting relationships with donors. However, it is important to approach donor prospect research with integrity and ethical considerations to ensure that fundraising efforts are conducted with respect and transparency.

Reference

  1. araize – https://araize.com/donor-prospect-research-4-strategies-to-maximize-fundraising/
  2. doublethedonation – https://doublethedonation.com/top-fundraising-software-and-tools/prospect-research-tools/
  3. greaterpublic – https://greaterpublic.org/blog/how-using-data-from-prospect-research-can-boost-major-gifts-revenue
  4. jgacounsel – https://info.jgacounsel.com/blog/identifying-major-gift-donors-6-prospect-research-data-types-to-study
  5. wiredimpact – https://wiredimpact.com/blog/3-ways-to-use-donor-data-in-your-nonprofits-marketing/
  6. helenbrowngroup – https://www.helenbrowngroup.com/fundraising-analytics-abcs-data-mining/
  7. jotform – https://www.jotform.com/nonprofit/prospect-research/

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