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Category: "FDO Newswire" (122 posts)

December 17, 2018

Planned Giving Success: Strategies to Maximize Donor Gifts

20181217 giving blogDuring the eight years I’ve been a consultant, I’ve worked mainly with social justice nonprofit organizations with budgets of $5 million or less. These groups typically have one, or if they’re larger, up to three full-time development staff members. They’re stretched thin generating resources to meet their organizations’ immediate needs. Few have time to focus on a long-term fundraising vision or to invest in planned giving, due to limited staff capacities and resources.

These organizations may think encouraging planned gifts is a good idea, but there’s usually something else that takes precedence, like writing grant proposals and overseeing major gift campaigns.  

I get it. In a small development shop, raising money for current programmatic expenses is priority one. You, too, may have thought your organization should start a planned giving program. But you may be paralyzed about moving forward because of the seeming complexity of legacy gifts. Or you can’t imagine talking with donors about estate gifts without feeling crass.  

On January 24th, I’ll be leading a Foundation Center planned giving webinar that will address these barriers and hopefully move your organization forward into launching a planned giving effort. There are simple steps even small, grassroots groups can take to encourage legacy gifts. Below are some of the strategies I’ll outline in the webinar that can support your efforts.

Develop a Planned Giving Case for Support

A planned giving case for support focuses on why your organization should exist decades from now. Many of our organizations address complex problems that will take more than a lifetime to solve. Other groups focus on issues that may be resolved in the foreseeable future. Groups that work on entrenched challenges or that have evergreen appeal (like arts, education, and health) are in a stronger position to make the case they’ll need to thrive in 50 years.

Pitch for Support from Your Best Matched Funders

Once you have developed your case for planned giving support, next step is to propose this plan to your best matched funders. Use FDO to manage your list of past funders or find new funders. In FDO, you’ll easily be able to see how much a grantmaker supports your specific mission, use this handy tool to prioritize your prospects.

Develop Bequest Language

The vast majority of legacy gifts to nonprofit organizations are made through living trusts and wills. Some of your donors or their attorneys may contact you for language they can include in these documents to designate an estate gift to your organization. It’s simple to have that language ready for such inquiries.

Create a Planned Giving Page on Your Organization’s Website

When donors are creating or revising an estate plan, it should be easy for them to find the information they’ll need to make a legacy gift to your organization. Set up a page on your group’s website to provide basic information (like bequest language) supporters will need to include your organization in their plans.

Form a Legacy Society

Naming an organization as a beneficiary in an estate plan is a significant decision. Let your universe of supporters know that you’ve created a legacy society to recognize donors who have remembered your group in their plans. A legacy society is a way to encourage donors to tell you about their estate gift intentions.  

Setting up a basic planned giving infrastructure will facilitate your supporters to make estate gifts. Once you start learning of intended legacy gifts, you’ll want to do all you can to deepen your relationships with these special supporters.  

Make sure to join me in the upcoming January 24, 2019 webinar, Planned Giving Success: Strategies to Maximize Donor Gifts, to learn more about establishing strategies and systems to strengthen donor relationships and encourage legacy gifts, so you’re well equipped for planned giving success.

 

Stan Yogi - Senior Consultant Klein & Roth Consulting

 

About Stan Yogi: More than 28 years of experience with nonprofit organizations in fundraising and grantmaking. He was Director of Planned Giving at the ACLU of Northern California for 14 years, where he was also responsible for securing foundation grants and raising major annual gifts. Prior to joining the ACLU staff, he was a Program Officer for California Humanities, a statewide organization that awards grants for cultural and educational programs. He is the co-author of the award-winning books, Wherever There's a Fight: How Runaway Slaves, Suffragists, Immigrants, Strikers, and Poets Shaped Civil Liberties in California (Heyday, 2009) and Fred Korematsu Speaks Up (Heyday, 2017).

November 08, 2018

Expand Your International Organization’s Presence to Attract U.S. Funders

607493026-blogDuring my 10 years teaching and training nonprofits around the world, I have found that some of the biggest challenges they grapple with in seeking funding are related to differentiating themselves from the plethora of other great causes in the market; establishing their legitimacy in a field in which the few fraudulent ones have created fear, uncertainty and doubt in the minds of donors; and identifying which donors could potentially be interested in their cause, have the capacity to give and are accessible.

If you ask any group of U.S.-based foundations their primary source of information about a nonprofit with which they are unfamiliar most of them will likely say that they google to find out about them.  In the case of international nonprofits looking to raise funds in the U.S., the strength of their digital presence is critical in that it helps to convey the credibility of the organization, in the absence of a physical location the U.S. for funders to easily visit.  

In a market that has over 1.5 million nonprofits, international nonprofits looking to differentiate themselves without the advantage of having operations or programming in the U.S. need to leverage digital channels to convey their unique value proposition to compel support.  An effective digital presence for any nonprofit organization conveys a sense of trustworthiness, authenticity and clarity of purpose to the funders.

International nonprofits also need to be able to utilize resources available to them online, such as GrantSpace, to learn about the U.S.-based foundations that would potentially be interested in funding them. FDO is a key resource to discovering U.S. funders and unlocking the giving priorities of U.S. foundations that may be aligned with the causes of international nonprofits. Finding out who among them are aligned with the United Nations Sustainable Development Goals (SDGs), such as SDG Funders, can help nonprofits to engage with funders online, as a means to potentially enter into their respective grantmaking processes.

Additionally, international nonprofits seeking to access U.S.-based foundations most likely need to establish a presence in the U.S., given that almost 70% of U.S. grants are made to U.S.-based intermediaries, whereas only 12% of them are made directly to international organizations in their local countries (source).  There are four paths international nonprofits can take to legally access U.S.-based funding:

  1. Equivalency Determination
  2. Expenditure Responsibility
  3. Fiscal Sponsorship
  4. Establishment of a 501(c) 3 organization

In the November 15th webinar, Expand Your International Organization’s Presence to Attract U.S. Funders, I will draw on my experience working with international nonprofits and helping nonprofits to establish their presence in the U.S. and online, to provide some you with practical strategies and tips to enable your international nonprofit to most effectively access U.S.-based foundations and to put its best foot forward when engaging with them. Register today!

 

Elizabeth Ngonzi

Adjunct Faculty, New York University Center for Global Affairs

Elizabeth Ngonzi is an experienced executive, award-winning human rights advocate, and seasoned educator dedicated to enabling youth and women worldwide to reach their full potential. She does so by developing platforms that enable them to reach their potential. Learn more about Elizabeth Ngonzi here.

October 08, 2018

Partners in Philanthropy: How to Work with Donor-Advised Funds

Last year, Giving USA’s Annual Report called donor-advised funds (DAFs) one of the “hottest topics in the philanthropic community.”1 Between 2007 and 2016, assets in donor-advised funds nationwide skyrocketed from $32 billion to $85 billion,2 and this trend continues today. Who uses DAFs? How can your nonprofit collaborate with DAF advisors to meet your goals? I explore these questions below.

WHAT IS A DONOR-ADVISED FUND?

A donor-advised fund is a giving tool that charitable individuals use to tax-effectively consolidate, accrue, and grant assets to public charities. You can think of it as an investment account dedicated solely to your charitable giving.

Donor-advised funds are managed by sponsoring organizations, which are themselves 501(c)(3) tax-exempt organizations. Sponsoring organizations generally fall into three categories: community foundations, single-issue organizations, or national organizations, such as Vanguard Charitable.

HOW DOES A DONOR-ADVISED FUND WORK?

  1. A donor contributes to a DAF and takes an immediate tax deduction. The charitable assets now legally belong to that DAF’s sponsoring organization. The donor, and other named individuals, often become a DAF advisor.
  2. The DAF advisor can recommend how the assets in the DAF are invested; proceeds grow tax-free.
  3. The DAF advisor can recommend grants to the nonprofits he or she wishes to support. The sponsoring organization will conduct due diligence and, if that research shows the organizations are eligible to receive tax-deductible contributions, issue the grants to the charities.

Note that specific policies vary by sponsoring organization—most donors weigh the different options before opening a DAF.

Donor-advised-funds-from-Vanguard

(Image credit: Vanguard Charitable)

WHY DO DONORS USE A DONOR-ADVISED FUND?

1. Convenience: Instead of having to personally track all their giving, advisors can use DAFs as a centralized hub to simplify their philanthropy. One contribution can fund multiple donations to an advisor’s favorite charity or charities.

2. Increased giving potential: Assets in a DAF are invested tax-free, enabling many advisors to grant much more to charity in the long run.

3. Flexibility: In the wake of crises such as last year’s hurricanes, DAF advisors can respond quickly. Charitable resources in a DAF are “primed” and ready for rapid disbursal.

4. New charitable assets: Most sponsoring organizations can accept donations of non-cash assets such as appreciated securities. These often-overlooked charitable assets pull additional resources into the philanthropic community.

WHO GIVES THROUGH DONOR-ADVISED FUNDS?

With nearly 1,000 sponsoring organizations and more than 280,000 individual DAFs,3 some with multiple advisors, it is hard to generalize about this diverse philanthropic population. A DAF advisor may be a retiree who opened a DAF so that he or she could continue giving after leaving work. Or, a DAF advisor may have found a private foundation to be too costly and burdensome, and opted for a cheaper giving tool with more flexibility. Many DAFs are advised by families who have pooled their charitable resources and view philanthropy as a communal endeavor.

The average DAF advisor in the United States has roughly $300,000 in his or her account,4 and nonprofits report that gifts from DAFs tend to be larger than their typical contributions. The average gift from a Vanguard Charitable advisor, for example, is nearly $12,000.

In removing the administrative burdens of charitable giving, DAFs allow their advisors to pursue a comprehensive, long-term strategy. For nonprofits, this means your donors with DAFs may well be repeat givers. At Vanguard Charitable, the vast majority of our advisors are involved in philanthropy beyond financial contributions. Ninety percent of our advisors also volunteer, serve on a board, or otherwise lend expertise, time, or resources.5

Anonymity is a concern for some nonprofits working with DAF advisors. However, only 5 percent of Vanguard Charitable grants are anonymous.6 The remaining 95 percent allow nonprofits to engage in some form of stewardship.

WHAT ARE DAF ADVISORS LOOKING FOR IN NONPROFITS?

Vanguard Charitable advisors often discuss the best way to identify charities doing meaningful work in their area of interest.

One way that you can distinguish your organization from similar ones is to provide comprehensive and up-to-date information to GuideStar. Vanguard Charitable is one of more than 200 sites and programs that share GuideStar Nonprofit Profile information with their users. DAF advisors appreciate transparency, as additional information enables them to make more informed, strategic decisions. Maintaining an updated GuideStar profile can pay dividends: As they research charities to support, Vanguard Charitable advisors make more than 15,000 searches each month via the GuideStar National Nonprofit Directory.

HOW TO MAXIMIZE YOUR RELATIONSHIP WITH DONOR-ADVISED FUNDS

Generally, nonprofits cannot solicit gifts directly from sponsoring organizations, but there are many ways you can strengthen your relationship with DAFs:7

  1. Actively promote your ability to accept grants from DAFs. Consider mentioning donor-advised funds on your website, in solicitation offers, and on promotional materials. You can also suggest that your donors with DAFs set up automatic recurring grants.
  2. Educate your entire organization about gifts from DAFs so that they can be processed smoothly. Remember: DAF advisors are interested in efficiency and convenience! For example, you should not send a tax receipt to DAF advisors, as they’ve already received one from the sponsoring organization, but you may send a thank-you letter to help stay connected.
  3. Steward sponsoring organizations. Don’t send them solicitation letters, but have a working knowledge of prominent sponsoring organizations. Feel free to send them an acknowledgment letter when you receive a gift.
  4. Be familiar with IRS rules concerning DAFs. Grants from a DAF cannot result in impermissible benefit to the DAF account advisors, their family members, or the donor to the DAF account. Grants must be made exclusively for charitable purposes. Vanguard Charitable includes language with each grant to help you understand how the funds can be used.

OUR DONORS ARE YOUR DONORS

I like to tell nonprofits to think of us as members of the same team. Our donors are your donors, and our mission is to increase philanthropy in the United States and maximize its impact over time. We cannot do this without you and your vital work. Together we can continue to help create a better world.

 

Rebecca Moffett is Vanguard Charitable’s Chief Strategic Planning Officer. Rebecca is focused on building awareness of the benefits of strategic philanthropy and is committed to improving donors' giving experiences. In her charitable endeavors, Rebecca is an alumnus of Big Brothers Big Sisters of South Eastern Pennsylvania and is also active in her church community. She earned her bachelor's degree and MBA from Saint Joseph's University.

Original post on Guidestar.

September 10, 2018

5 Ways to Seek Corporate Giving

Corporatefunders-blogCorporate companies support nonprofits in a variety of different ways, FDO offers a window into many of them. The following are some of the more common means by which companies give.

  1. Company-sponsored foundation – A company-sponsored foundation is a separate entity from the corporation. Approaching a company foundation for a grant is just like applying to any other type of foundation. There are usually guidelines and an application process, and these details – as well as a giving history – can be found in FDO.
  2. In-kind gifts – Many companies prefer to donate their own products or services to nonprofits. Called “in-kind support,” this can be a good way for a nonprofit to start a relationship with a company. For example, if you run a soup kitchen, you might approach a food company or local supermarkets for supplies. To find companies that offer in-kind donations in FDO, find Transaction Type under Advanced Search & Filters, and select “in kind gifts.
  3. Corporate giving programs – A corporate giving program is administered by the company itself, often through a dedicated department such as Community Relations. Tracking down corporate giving programs can be challenging. When available, FDO will have contact information and guidelines about these types of programs, but seldom prior giving information
  4. Workplace giving – Workplace giving encompasses a number of different programs that encourage and facilitate employees’ donations of cash and/or volunteer time to nonprofits in their communities.

Tip: Find out where your volunteers and donors work to find employees that can act as your cheerleader.

Some of the more popular workplace giving programs offered by corporations are:

  • Employee Matching Gifts: Employers will sometimes match employees' charitable contributions.
  • Volunteer Support Programs: Employees who volunteer in their communities make their companies look good, and employers may offer what’s called “Dollars for Doers" – providing grants to nonprofits their employees support. Also, if you need volunteers, some companies will help organize groups of employees for various nonprofit projects.
  • Pro bono expertise: Some companies will “donate” their professional expertise.
  • Annual Giving Campaigns: Donations through Payroll Deductions can also be set up for employees who wish to effortlessly donate to a worthy cause. However, usually nonprofits must be affiliated with a “pass through” organization, like the United Way or the Combined Federal Campaign.

Utilize the Transaction Type filter under Advanced Search & Filters to search for grantmakers who support these types of Workplace giving.

5. Corporate sponsorship / Cause-related marketing – Both of these are advertising opportunities, and therefore must be entered into thoughtfully. It’s worthwhile to note,

donors could perceive a nonprofit as “selling out” to a company not seen as socially responsible.

Think like a marketer – what products or services do your donors or clients likely use, and what companies offer them? Also, don’t ignore small businesses in your community.

The key thing to keep in mind when approaching companies for any type of support is that they are profit-making enterprises and are looking for some kind of “return on investment” for their philanthropic dollars. Motivations for giving might include getting their name in front of potential customers, keeping their employees happy, or burnishing their reputation in their communities. Your job is to discover what they want and convince them that supporting you is a win-win for all involved.

 

Lori Guidry - Foundation Center San Francisco Lead

As City Lead for Foundation Center West, Lori oversees Foundation Center public services and programming for the social sector in the Bay Area — helping nonprofits in the region find the information and tools they need to be successful. She has worked in information services for more than 15 years, specializing in business and marketing topics, including corporate social responsibility. A native of Chicago, she earned her Masters in Library & Information Science from Dominican University in River Forest, IL.

August 29, 2018

The Board’s Role in Fundraising for Your Organization

Board Fundraising

Getting the board to fundraise can be a very challenging experience even when board members recognize that a primary responsibility of every nonprofit board is ensuring that the organization has the resources it needs to meet its mission.

One of the first things that can help is to distinguish between “Fundraising” and “Development.”  “Fundraising” is an activity with a beginning, middle and an end that results in dollars, while “Development” can be seen as an ongoing, never-ending process of acquiring a wide range of resources for the organization.  All board members can participate in both areas in a number of ways including:

  • Ensuring that there is a viable development plan in place
  • Partnering with staff to meet annual fundraising goals
  • Helping to identify and cultivate potential donors
  • Owning their responsibility to act as ambassadors for the organization
  • Making a personal gift
  • Soliciting donations from their extended personal universe
  • Helping to create and maintain a culture of philanthropy throughout the organization

To elevate the board’s capacity to engage in fundraising, it can be helpful to engage an outside consultant or consulting firm to facilitate and inform a discussion about the thorny issues that might emerge. A neutral party can help keep the conversation at both a high-level - connected to passion, values, mission and best practices - and a practical level that explores individual challenges, identifies the dynamics of effective fundraising, discusses ways to overcome resistance and examines how a person’s own relationship to money influences their ability to fundraise.

Here are some tips to effectively engage your board to fundraise:

  • Implement a strategic plan that clearly communicates the board’s fundraising goals
  • Create a compelling vision of what the board is fundraising for and be clear in messaging
  • Encourage the board to leverage their network of contacts to achieve their development goals
  • Establish mechanisms for accountability among board members and inspire teamwork

Want to learn more about the dynamics of effective fundraising? Join me on Thursday, September 6 for the live webinar How to Establish Expectations for Board Fundraising. No one is born knowing how to do this and some people will be naturally better and more able than others.  That said, clear expectations, a strong board/staff partnership, ongoing training, a deep understanding of the program, an engaging mix of stories and statistics, and a deep understanding of how each board member contributes to the development process can make any board member a successful fundraiser.

Frank Abdale, Senior Associate Consultant, Support Center

View Bio

 

August 16, 2018

Key Steps to Fundraising Success

 

 

Did you know 90% of foundations don’t have websites?

Foundation Directory Online gives you access to key information you need to win funding — find that funder today through FDO! You can search over 140,000 grantmakers and easily see how much support they give, based on your specific mission. Build stronger prospect lists through grant and peer funding insights to win that funding you need to succeed.

FDO-info-blog

FDO is everything you need in one fundraising tool. Subscribe to FDO today!

July 12, 2018

Improved FDO Organization Search: Delivering you better ways to find funding

Organization search just got even easier in new FDO. We listened to the valuable feedback of FDO subscribers and worked hard to redesign your search by organization experience. Our goal is to continuously evolve FDO to ensure we bring you the best grant prospecting tool available.

What’s new?

Use the Organization Name search box to look for a Foundation or peer Grant Recipient*.  When you enter an organization name, a full list of organizations will appear. This new layout is much easier to navigate, to ensure you can easily find organizations. You can now define if you want to see Grantmakers only or Recipients only, or both.  

To view a profile directly, click on the flyout icon in the top right hand corner. 💡Tip: You may also select multiple organizations and all will appear in your search results.

Screen Shot 2018-06-26 at 12.14.41 PM

 

We look forward to sharing other future FDO developments with you all. Happy fundraising!   

*Recipient profiles available in Professional subscription only

June 19, 2018

FDO Drives Innovation in Grants Prospect Research Using AI

AI image

 

AI and machine learning are driving change every day to improve communities and solve crucial problems in sectors such as education and public health. AI powers everyday services like Facebook newsfeed or Netflix recommendations to personalize your experience. The ability to leverage data for insights is a prerequisite for keeping pace with rapid changes in the philanthropic sector so that nonprofits and donors can stay abreast and be better prepared to respond — and machine learning is just one way to achieve this.

AI and machine learning have been at the core of Foundation Directory Online (FDO) for the last several years. Foundation Center’s data scientist, David Hollander, took us through the implementation of AI and machine learning to make our fundraising research tool possible, and starter tips for nonprofits interested in the potential of AI and machine learning for their organization.  

Making FDO Possible

Machine learning powers the grantmaker, grant and recipient results you achieve through FDO every day. Machine learning has accelerated the process of coding grants based on Foundation Center’s expert Philanthropy Classification System. The algorithms in FDO are constantly trained and improved to achieve better results. This is how FDO is able to match user queries to their most likely funders. It also enables FDO to gather deeper insights and provide grant data analytics for prospect research. FDO handles vast amounts of data that is parsed and analyzed using AI and machine learning. Powered by our data team’s expertise and supported with machine learning, we are now able to deliver more grant data and insights than ever before.

Every year Foundation Center codes a record number of grants for FDO facilitated by AI and machine learning. The more data that is fed into FDO, the more the algorithm trains and improves – and with a record number of grants being coded, the faster FDO learns and improves, empowering FDO users with the most comprehensive data and insights needed to find funding.

Interested in AI and Machine Learning for Your Organization?

If your organization is new to AI and machine learning, there are several considerations to make before embarking on implementation, including figuring out your data storage, cleaning your data and data integrations. David suggests to first: identify the problem you are trying to solve with machine learning, and second: identify the data you need to solve it. While the applications for machine learning are endless, there are also inherent challenges to overcome. The quality of your data and data bias, how heavily certain data is weighted, influence the algorithm’s results. Algorithm bias can be minimized with better sampling of data and balancing the weight given to specific data. These are just some of the areas to take into consideration. With your organization’s objectives in hand and procuring the relevant, quality data, your data scientists can understand which machine learning models your organization’s data will need to achieve your goals.

May 17, 2018

Three Easy Steps To Identify New Funding Prospects  

Blogpost-FindFundingWith so many potential funders out there, grant research can be a daunting task. But with a few simple tricks, grant research can produce amazing results pretty quickly. First off, there is a wealth of information to be found in Foundation Directory Online. Let’s look at a few ways to use this tool to find great new prospects for your current needs. The first step to successful grant research is knowing what you are looking for.

Start with a list of the things you need, how much they will cost, and when you need them in hand. Here at Funding For Good, we use our needs list in conjunction to help us determine all the answers needed to be effective in our research. 

Once you have all the prep work done, you are ready to jump online.

Let’s take a look at three easy ways to identify new funding prospects you may not have thought of or didn’t know how to search for previously.

  1. Search for foundations that have funded similar organizations in the past. In order to conduct this search, you first need to know the nonprofit organizations who do similar work, their official names, and where they are located.

Once you have the basic information, hop on Foundation Directory Online and click the upper right link in the search box that says Advanced Search. Once this box opens, you will see a box in the lower left corner that says Organization Name. In this box, you can type the organization name and choose the one you want to investigate. The search results will show you all the foundations who have funded  the organization in the past, the year of funding, the amount funded, the description of what the project funded, etc.

  1. Search for foundations that have funded YOUR organization in the past. Here’s a crazy idea that many people new to an organization or new to the world of nonprofits never think about: Who has funded us in the past? Many organizations don’t have stellar records about foundations that have given them grants previously, what the money was used for, or how much was granted. Crazy, but true! Refer to #1 and run that search on your own organization. See who has given to you in the past. Has a foundation that has an interest in your work been neglected? Perhaps you need to revisit some past supporters and get them back in the fold.
  1. Search for foundations by Geographic Focus. Do you know all of the foundations that provide funding in your county, in surrounding counties, or in your region? Would you like to? I know I love using that information when I’m researching prospects for a specific area. It’s easy peasy with Foundation Directory Online. Simply go to the Advanced Search link and type in the county and state in the Geographic Focus box (top row, center box). You’ll see the list of all foundations that award grants in that county appear. Now you can research all the foundations that send funding to a geographic area and see who might support your work. Do this for each region in your service area or where you have an impact. You might be surprised at some of the prospects you uncover.

Two additional tidbits to keep in mind.

Tidbit #1: Don’t limit yourself to super specific Subject Areas in your search. Many foundations will give to a variety of organizations, so using more general terms will lend to better results.

Tidbit #2: Don’t freak out when you see “We only fund pre-selected charitable organizations” or “We don’t accept unsolicited proposals.” To learn more about these two phrases and what they really mean, check out this blog: The Dreaded Phrases of Grant Research.

MANDY PEARCE is a grant writing expert, executive coach, and national fundraising trainer who launched Funding for Good, Inc. in 2009 to equip organizations with the skills and tools needed to become successful and sustainable. Mandy has taken her passion and expertise for fundraising to the development field and shared it with individuals and organizations for over 21 years. Her dynamic teaching style brings thousands of people annually to her presentations at conventions, trainings, and workshops. Mandy lives in Hickory, NC with her husband and their rescue dogs, Leo and Dalli, who share her enthusiasm for the outdoors.

April 13, 2018

Introducing FDO’s Newest Feature: Recipient Profile Charts

 

BlogPostRecipientCharts

We’re excited to announce a new powerful feature in FDO is here: Interactive charts on recipient profiles.  

New Recipient Charts provide insights you can leverage in your research and when you’re searching for new funding opportunities.

But how do Recipient Profiles help your funding search?

Utilize Recipient Profiles to:

  1. Discover new funding opportunities
  2. Shape your prospecting strategy
  3. Quickly gain fundraising insights

What you can do with New Recipient Charts

With Recipient Charts you can quickly see grantseeking trends and organizational insights to help guide your prospecting, find new prospects and better understand how to approach potential funders. The first Recipient Chart gives you insights on the types of funders giving to an organization and the percentage of total funding each type of funder makes up of the organization’s grant portfolio.

The second chart shows the proximity of funders to the recipient they are giving to, giving you insight on how you can expand your prospect list. Proximity is indicated by the following geographic areas:

  • Local: Funders who are located within the same city or town as the recipient
  • State: Funders who are located within the same state as the recipient
  • Region: Funders who are located in states with a shared border as the recipient
  • Country: Funders who are located in the same country as the recipient
  • International: Funders who are not located within the same country as the recipient

With this funder proximity chart, you see how much money is being awarded from each of these geographic areas and the percentage of total funding each geographic area makes up.

These first two Recipient Charts can be viewed by Grant Amounts or Number of Grants.

The third graph will help guide you on the optimal amount to request from a funder. With this grant size graph, you can understand how much funders are giving to peers and the size of those grants to see how much those funders most commonly give.

New Recipient Charts are available in the new FDO, Professional.

Start uncovering new opportunities with Recipient Charts»

 

Join us for a live webinar on May 1st (2:00PM EST), where we’ll introduce new Recipient Charts, discuss Recipient Profiles, and provide a tour of the new FDO.