WealthEngine has teamed up with fundraising consulting firm, Bentz Whaley Flessner, to provide the market’s most comprehensive and effective analysis of giving capacity and propensity.

Bentz Whaley Flessner’s analytics division, DonorCast, founded by Joshua Birkholz, principal of Bentz Whaley Flessner and author of Fundraising Analytics, specializes in custom-engineered analytics and data mining training that provide nonprofit organizations with important insights into the giving patterns among their own donors across a spectrum of fundraising programs. DonorCast uses predictive modeling and statistical analysis to increase the sophistication of fundraising programs and to point their efforts to the greatest opportunities for success.

“We have proven to be a solid combination as our clients already respect the tremendous value WealthEngine and Bentz Whaley Flessner deliver within our own respective disciplines of prospect research and modeling,” said Tony Glowacki, chief executive officer of WealthEngine. “In fact, working together, we recently won engagements at two major universities in the Midwest. By formalizing our partnership going forward, institutions can benefit from our integrated approach to wealth identification, prospect segmentation and predictive modeling.”

For more information, click here or send us an email.

There is still time to register for a free webinar on WealthEngine’s Best Practices for Prospect Research in Higher Education Fundraising Report. Two free webinars are scheduled; to register, please click on the below link next to the date that is most convenient to you:

• Tuesday, October 20 from 1-2 pm EST
• Thursday, October 22 from 3-4 pm EST

We hope to see you at one of the webinars. If, however, you cannot join us, you can still download a free copy of the Report at: http://www.wealthengine.com/pub/bpEDUorder.jsp. In the Report you will find eight best practices, case studies highlighting best practices in action as well as useful worksheets for analyzing fundraising return on investment.

For more information, please contact marketing@wealthengine.com.

Today, WealthEngine released our latest Best Practices report, entitled Best Practices for Prospect Research in Higher Education Fundraising. This Report is the culmination of a 5-month research initiative which included an in-depth survey of colleges and universities and qualitative interviews with development professionals.

The Report outlines eight best practices, details five university case studies and includes helpful return on investment worksheets to help you achieve success in your prospect research and overall development efforts.

Visit our Best Practices page to download your free copy today!

Learn more by attending a free, 1-hour webinar on Tuesday, October 20th at 1 pm EST or Thursday, October 22nd at 3 pm EST.

We hope to see you on Thursday at this month’s FREE Thursday Workshop webinar:

Topic: Harnessing Special Events for Prospect Identification
Date: Thursday, October 15, 2009 1:00 PM - 2:00 PM EDT
Presenter: Steve Knight, Client Service Manager, WealthEngine

Special events are an integral part of the fundraising process for all non-profit organizations. This session will look at different types of special events, including those for higher education, healthcare, and the arts, and how you can use research tools to identify prospects for longer-term cultivation. In the examples, we will use our products to show you how to improve your knowledge of attendees as well as target specific populations for more focused events.

To register, please visit:
https://www1.gotomeeting.com/register/311127825.

A columnist for the Chronicle of Philanthropy (and donor advisor) predicts foundation giving will drop next year due to the loss of assets, minimum asset distribution of 5%, and the fact that those who gave more than 5% in 2009 can apply that amount/percentage over 5% to 2010 distribution levels.

See http://philanthropy.com/news/prospecting/index.php?id=9646 for the full article.

What do you think? Do you think foundations will remain steady, dip due to the above prediction, or increase because of community need?

Finding and attracting new donors to your organization is both an art and a science. Let us demonstrate valuable techniques for identifying new, highly qualified prospects that have a real ability to support your fundraising efforts.

Topic: The Art and Science of Attracting New Prospects
Date: Thursday, September 17, 2009 1:00 PM - 2:00 PM EDT
Presenter: Claire Logue, Director of Client Training, WealthEngine

Learn smart prospecting techniques with WealthEngine’s FindWealth Online:

• Use Circle of Friends and Data Quick to strategically expand your prospecting universe
• Use Pinpoint to build prospect lists of insiders and track their Form 144 filings. Set up stock alerts using Pinpoint and news alerts using Dialog on your top prospects and existing donors
• Use your History Section more effectively to save searches, combine records, manage and export your prospect lists

We will also show you our newest product, Prospect Generator, a national database of more than 7M individuals worth more than $1M. Prospect Generator will help you build targeted prospect lists and is searchable by multiple criteria (zip code, value, and number of real estate properties, stock, income, etc.). It is also easy to export for all of your direct marketing needs.

Gain CFRE credit for your attendance. Click here for more information or to sign up.

WealthEngine now offers to you… our most valued clients, FREE online Workshops designed to help you in your fundraising efforts.

Using our products in these capacity building workshops is sure to help you meet your fundraising goals.

These FREE workshops are one hour in duration and are offered monthly on the 3rd Thursday of the month.

Each session covers specialized training topics to assist you in putting your data to work in your overall fundraising strategy.

Upcoming Fall Workshops include:

• The Art and Science of Attracting New Prospects,
  Sept. 17, 2009 1:00pm - 2:00pm EDT
• Harnessing Special Events for Prospect Identification,
  Oct. 15, 2009 1:00pm - 2:00pm EDT
• Identify, Focus, Promote: 3 Planned Giving Strategies to Enact Right Now,
  Nov. 19, 2009 1:00pm - 2:00pm EDT
• Building your Prospect Base in a Changed Environment,
  Dec. 17, 2009 1:00pm - 2:00pm EDT

Gain CFRE credit for your attendance: Most workshops offer CFRE credit. Full participation in the program is applicable for 1 point in Category 1.B—Education of the CFRE International application for initial certification and/or recertification.

You can register for any of these workshops thru:

1. FindWealth Online - by going into the Help Section
2. Client Service - on the front page of WealthEngine
3. Send an email to training@wealthengine.com

An online article on prospecting from the Chronicle of Philanthropy’s website  asserts that the economy is keeping prospect researchers busy. At the Dana-Farber Cancer Institute, in Boston, (a WealthEngine client) researchers have had to go back and redo the majority of the profiles they had compiled before the economy went into a tailspin last fall, says Susan Paresky, a senior vice president at the institute.

Click here to read the article.

What about you? How has the recession affected your research and validation efforts?

If you missed our live webcasts introducing Prospect Generator, feel free to click here to view the 30 minute demo

Or, if you would like a one-on-one demo contact us at marketing@wealthengine.com to schedule a time that’s convenient for you.

Click here for more information on Prospect Generator.

Two weeks ago, WealthEngine introduced you to Prospect Generator℠, a new prospecting tool designed specifically to help nonprofit organizations find affluent donors. This national database of high net worth individuals allows you to deeply search and target major gift prospects, cultivate high value relationships, and build custom prospect lists for special events.

Be one of the first to see a brief, online introduction to Prospect Generator on Tuesday, August 11 from 1-1:45 pm Eastern time. To register for this free webcast, Click here..