TrustRadius: an HG Insights company

WealthEngine

Score5.1 out of 10

15 Reviews and Ratings

Get a Demo

What is WealthEngine?

WealthEngine in Bethesda offers their nonprofit fundraising platform supporting donor research with prospect location and screening, donor pattern analysis, and location of contact data.

Categories & Use Cases

Reviews

What users are saying about WealthEngine.
View all reviews

WealthEngine provides great prospect data at a great value.

Incentivized
Brent Troth
Donor Systems Specialist at WakeMed Foundation (10,001+ employees employees)

Use Cases and Deployment Scope

We use WealthEngine for donor prospect research to help gift officers in their development of donor cultivation strategies.

Pros

  • Donor wealth rating
  • Donor propensity to give rating
  • Donor connections
  • Modeling
  • Very user friendly and intuitive.

Cons

  • Nothing

Most Important Features

  • Accuracy of data
  • Ease of analysis of rating
  • Ease of use of product

Return on Investment

  • Better data been a factor to help us almost double fundraising over the past 4 years.
  • Wealth Engines data has helped to develop a much more focused major gifts program. Increasing productivity of gift officers.

Alternatives Considered

Blackbaud Target Analytics and LexisNexis Prospect Portfolio

Other Software Used

Blackbaud Raiser's Edge NXT, MobileCause, ImportOmatic

WealthEngine for moves management

Incentivized
Lori RiegelView profile
Development Director, Southern Arizona in Marketing at Arizona's Children Association (501-1000 employees employees)

Pros

  • Donor contact info
  • Confirm donor identity

Cons

  • Does not show which nonprofits donor has contributed to.
  • Does not always have complete contact info.

Return on Investment

  • Great for use in moves management efficacy.
  • Great tool for keeping database updated for correct addresses.

Other Software Used

The Raisers Edge, Raiser's Edge NXT

Get all the details on your donors! (A perfect wealth data tool)

Incentivized
Edward PhillipsView profile
Engagement Director in Sales at Mission: Hope (11-50 employees employees)

Pros

  • WealthEngine has very detailed data to support its scoring for each donor. Some other similar tools don't provide this.
  • WealthEngine has a connection with Salesforce that is very helpful. It allows us to run reports on donors right in Salesforce and be able to run mass reports and save the data into each person's contact.
  • WealthEngine also has great prospecting tools. This is not something we have used in its full capacity but hope to this year!

Cons

  • WealthEngine is expensive for most nonprofits when looking at how to spend their money.
  • WealthEngine seems to have a lot of turn over. Every time I email our account manager, they seem to have changed.
  • WealthEngine can have glitches and does not work at times which is very frustrating.
  • I would also like for WealthEngine to have better mobile service or an app.

Return on Investment

  • WealthEngine was able to provide wealth information for all of our event attendees and allowed us to know which guests to target with more direct touch points at the event.
  • WealthEngine has allowed us to better asks for funds based on the donors' giving capacity, ultimately providing more money for our mission.

Other Software Used

Salesforce for Nonprofits, Evernote, Eventbrite

Expand your portfolio

Incentivized
Verified User
Analyst in Information Technology (51-200 employees employees)

Use Cases and Deployment Scope

We use WealthEngine for prospect research and portfolio development. We have recently started using it to build out our affiliations and relationships throughout our CRM. It's a great tool as a spark of knowledge, or to verify established donor information and potential.

Pros

  • Affinity research.
  • Portfolio development.
  • Donor verification.

Cons

  • Information accuracy ratings.
  • Contract options.
  • Geo-locations.

Most Important Features

  • Past donation data
  • Political donations

Return on Investment

  • Depth of data
  • Portfolio expansion

Other Software Used

Microsoft SharePoint, Microsoft Power Automate (formerly Microsoft Flow), Microsoft 365 (formerly Office 365)

Related Products

Products similar to WealthEngine that may also meet your needs.
All comparisons
Kindsight iWave
CompareLearn more
DonorSearch
CompareLearn more