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iWave

iWave

Overview

What is iWave?

iWave offers their nonprofit fundraising intelligence platform, for performing prospect research online with VeriGift, the company's donor and donation database.

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Recent Reviews

TrustRadius Insights

iWave is a versatile tool that addresses the needs of various nonprofit organizations. Users in performing arts nonprofits rely on iWave …
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Love this product!

10 out of 10
October 21, 2019
Incentivized
iWave is used for prospect development. It is used in my department (me) only, but I use it to support departments across the organization.
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Pricing

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What is iWave?

iWave offers their nonprofit fundraising intelligence platform, for performing prospect research online with VeriGift, the company's donor and donation database.

Entry-level set up fee?

  • No setup fee

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  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Details

What is iWave?

iWave Video

iWave Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo

Frequently Asked Questions

iWave offers their nonprofit fundraising intelligence platform, for performing prospect research online with VeriGift, the company's donor and donation database.

Reviewers rate Support Rating highest, with a score of 10.

The most common users of iWave are from Mid-sized Companies (51-1,000 employees).
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Comparisons

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Reviews and Ratings

(39)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

iWave is a versatile tool that addresses the needs of various nonprofit organizations. Users in performing arts nonprofits rely on iWave to assess the capacity of their current donors, ticket buyers, and personal contacts in different networking or special events settings. By easily collecting publicly available information across multiple databases, iWave proves invaluable for research purposes. The development team benefits from the 'Foundations' section of iWave, which provides critical insights into a foundation's giving history, board composition, and staff structure. This information is essential when approaching new prospective funders.

The development team also maximizes iWave to identify the best major donor contacts, prioritize their focus, and determine appropriate ask amounts during visits or calls. With monthly updates and seamless integration with their database system, they can conveniently monitor each donor's stage of development. Universities leverage iWave's capabilities by proactively wealth screening alumni, parent, and friend prospects. The prospect research team benefits significantly from the 360 Search feature in iWave as it helps them find and confirm real estate ownership, donations to other organizations, business information, and additional contact details.

The Director of Leadership Giving at the Roman Catholic Diocese relies on iWave to identify and solicit major donor prospects who possess both financial capacity and affinity for the mission. For small nonprofit organizations, iWave proves indispensable in developing profiles on donors and prospective donors. By screening their donor database, creating profiles, and prioritizing outreach and engagement efforts, these organizations can optimize their resource allocation.

Norwich University's prospect management and research team heavily depends on iWave to find useful and actionable information about prospects and donors. With access to data such as real estate holdings, philanthropic donations, and business affiliations, they can better understand potential supporters.

Moreover, iWave supports small nonprofits in building prospect pools by researching potential donors. These organizations are able to gather vital information about capacity, linkage, and interest levels before approaching potential supporters. For the Data Services and Development departments, iWave allows for comprehensive research on donor giving capacity, target audience determination for mailings, and deepening understanding of donors and their causes of interest.

Fundraising teams find iWave invaluable for gaining an in-depth look into donors, identifying new prospects, narrowing priorities, and enabling individual research by all team members. By providing better prospect research tools, iWave empowers nonprofit fundraising departments to enhance their knowledge of donors and improve constituent relationship management.

Finally, iWave serves as a comprehensive solution for prospect development across the organization. From researching prospective donors and board members to gathering background information and donation history, iWave caters to the prospect development needs of various departments within an organization. With its user-friendly interface and robust search functionality, iWave streamlines the research process and provides valuable insights that inform strategic decision-making.

By utilizing iWave, nonprofit organizations are able to make well-informed decisions about donor engagement, identify potential major donors, and prioritize outreach efforts. The ability to easily access and analyze publicly available information allows for a deeper understanding of donors' interests, capacity, and philanthropic history. This enables nonprofit professionals to tailor their approaches and make meaningful connections with individuals who are most likely to support their cause.

Additionally, iWave's regular data updates ensure that organizations have the most up-to-date information on their donors, allowing them to track each donor's stage of development and adjust their strategies accordingly. This level of insight not only enhances donor stewardship but also helps organizations identify opportunities for increased giving or potential new prospects.

Overall, iWave serves as an essential tool for nonprofit organizations across different sectors. From performing arts nonprofits to universities, small nonprofits, and even religious institutions, iWave offers valuable features that support prospect research, donor engagement, and fundraising efforts. By providing comprehensive and actionable insights about donors and prospects, iWave empowers organizations to maximize their fundraising potential and cultivate long-lasting relationships with their supporters.

Users commonly recommend the following:

  1. Take advantage of the excellent customer service and training provided by iWave. Users highly recommend reaching out to iWave's support team for any questions or concerns.

  2. Test iWave against other products and give it a trial period of one year to evaluate its superiority. Users suggest comparing iWave with alternative solutions in order to assess its value and benefits.

  3. Familiarize yourself with the various uses of iWave and make use of the help documents and FAQ section. Additionally, users recommend knowing what specific information you are looking for before using iWave to avoid feeling overwhelmed by the extensive data available.

Overall, users find iWave to be an invaluable tool for prospect research and believe it offers great value for its price. They recommend considering which professionals within an organization can benefit from using iWave, such as solicitors, grants, and sponsorship professionals. The comprehensive nature of iWave, utilizing multiple databases to pull data, makes it an ideal tool for gathering information on potential prospects and donors.

Attribute Ratings

Reviews

(1-13 of 13)
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Score 8 out of 10
Vetted Review
Verified User
Incentivized
Iwave is well suited to give you a starting point for screening a large data set, and to generate capacity indicators for your population. It is less useful for finding philanthropic inclination in general, in my experience because the recency of the donation data driving that does not seem to be up to date.
Score 7 out of 10
Vetted Review
Verified User
Incentivized
iWave is well suite for gathering a better idea of who you should focus on for major giving efforts. While it gives you a lot of good information, some of that information feels not very important and therefore, clogs up the data you actually need. iWave should not be used for something like direct mail list making. iWave seems to really be focused on the major donor aspect and it is not a tool to be used to help with regular annual giving
Score 8 out of 10
Vetted Review
Verified User
Incentivized
iWave is a great resource for getting a big picture understanding of a donor and their potential alignment to your organization. There may be times if you are wanting to dive deeper into a particular facet of the donor profile that you would need to continue researching through other sources. Overall iWave has a user-friendly interface and is a must-have program for any prospect researcher.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
iWave is great for a small shop or a large shop. The large batch screening process can easily be shared among users and individual profiles that are customized to each user can be shared or remain hidden. The tools are easy to use and the turnaround time for information is quick.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
I have recommended iWave to many colleagues and will continue to do so. I’ve taken it with me to every nonprofit I’ve worked at for the last 10 years. It’s an incredibly powerful tool that cuts hours out of traditional prospect research. It’s efficient and continues to be improved all the time. I could not do my job without it.
Dave Archuletta | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
For my organization iWave is well suited to understand more about the giving capacity and history of our ticket buyers. As a performing arts nonprofit with a theater space and a large volume of ticket sales, iWave helps us identify donor prospects from the many people who purchase tickets and attend our shows. The Foundation search tool is especially useful for researching new sources of grant revenue.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
I believe iWave is well suited for batch screenings of potential donors as well as single screenings of individuals, foundations and charities. It is also well suited for determining the appropriate ask amount for a donation. I cannot really think of a scenario that would not be appropriate to use iWave.
Shannon Richardson | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
iWave is a fantastic product for any size shop. We recently did a small screening of about 1000 records and were pleasantly surprised at how the results turned up new names we didn't realize were prospects based on the real estate values returned. The functionality of the screening has become easier and the returned results within the product has become much easier for the team to navigate. It is still a little bit cumbersome to sort through and delete gifts or real estate that do not belong to your prospect, but I have used other products that do not even give you that option! It is also really useful to have several options to be able to customize your screening.
Armen Boyajian, CFRE | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
I think that for most nonprofit organizations that cannot afford a full-time researcher, it is very reasonably priced and very effective in yielding good, actionable information on donors and prospects.
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