A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Prospect Research Manager in Research & Development at Hillsdale College (501-1000 employees employees)
Pros
Seamless integration between verified prospect information in ResearchPoint and The Raiser's Edge's Prospect tab
Easily decipherable and segmented real estate, business information, and gifts to other organizations
A different data source update schedule than our other wealth screening vendors
Clean and clear, customizable profiles with several places to add Notes
Cons
Confirmed relationships needs to be a field that can be synced to The Raiser's Edge
Philanthropic giving, when synced to the Prospect tab, needs to be able to be sorted by dollar value (like in Excel); this is a change that would need to happen in The Raiser's Edge
With increasing competition from other wealth screening vendors, it would be useful if data sources were updated more frequently (i.e. real estate and giving).
Return on Investment
ResearchPoint gives us peace of mind that we have the right prospect thru their confidence level scores and just by having accurate information most of the time.
ResearchPoint often shows us gifts to other orgs or real estate we did not find from other sources.
I can't really come up with a negative impact on ROI!
Alternatives Considered
WealthEngine, iWave, Foundation Directory Online (FDO) and DonorSearch
Director Of Development Operations in Information Technology at Planned Parenthood of the North Central States (201-500 employees employees)
Pros
Address Updates - starting at the basics, the Target Analytics products allow you create a firm foundation for the data in your system.
Data Hygiene - taking it a step further is creating and updating data on an individualized basis - such as DeceasedRecord Finder, and Email Finder.
Data Modeling - Once your data has been appended it can be modeled for increased donor interaction, stewardship, and solicitation.
Cons
Cost - the cost can be high for specific modeling packages. Each nonprofit must consider ROI.
Return on Investment
Address Appends - we are saving tons of money on returned mail, NCOA updates, and ensuring donors are receiving timely correspondence.
Data Appends - ensured that we know who we have in our database and how we need to reach each household. Not only through updating records of deceased constituents but knowing the correct email addresses and phones to reach out and share our mission.
Prospect Research - allows us to learn more about potential donors, existing donors, and how to create increased donor-centric interactions and solicitations.
Alternatives Considered
WealthEngine
Other Software Used
Raiser's Edge NXT, Luminate
Blackbaud Target Analytics Alternatives
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