WealthEngine

The following is an excerpt from WealthEngine's recently-released "Best Practices in Higher Education Report." To learn more, fill out the form to the right and download the full report.

As Northwestern prepared for their first major screening of 112,000 alumni records, they carefully defined two types of qualification ratings for prospects:

The following is an excerpt from WealthEngine's recently-released "Best Practices in Higher Education Report." To learn more, fill out the form to the right and download the full report.

When an organization acquires data through a wealth screening, there is almost always a need for some initial data confirmation and validation. Among HPOs providing data concerning a recent screening, 94% included a valida- tion strategy in their implementation plan.

The following is an excerpt from WealthEngine's recently-released "Best Practices in Higher Education Report." To learn more, fill out the form to the right and download the full report.

Every organization should make plans to evaluate the success of their screening. Has the returned information been put to use? Has it positively impacted the organizations fundraising programs? Has the investment in data and modeling paid off? Is it an investment worth making again in the future?

The following is an excerpt from WealthEngine's recently-released "Best Practices in Higher Education Report." To learn more, fill out the form to the right and download the full report.

Every organization will develop its own unique implementation plan based on many factors. These factors include the state of their existing fundraising infrastructure; the size of the organization; their challenges and opportunities; their staffing; the geographic distribution of their constituents; their fundraising objectives and goals and many others. Below is an outline covering major points in an implementation plan. It is intended to stimulate questions and discussion more than to provide a blue print or cookie cutter solution to implementing a wealth screening.

Second Edition Introduces Two New Best Practices, Highlights Impact of Social Media and Shares 6 Case Studies Focused on Improving Fundraising Results.

Since 2005 there has been a steady decline in the endowments of most institutions of higher education which has directly affected scholarship funds, financial aid packages, and resulted in many staff layoffs. Colleges and universities rely on the profits made from their investments to fund their operations.

An article in the Feb. 22nd issue of the Philanthropy Journal discusses strides in advancement services and the leadership role John Taylor has played in developing the profession. John wears many hats in the advancement world but is, by day, the Associate Vice Chancellor for Advancement at NC State University in Raleigh. NC State is a WealthEngine client and we want to thank John for his ongoing contributions–and tireless commitment–to the field.