3. What bigger & better data can do
● Uncover patterns of behaviour
● Help us be timely, relevant & responsive
● Identify competitive advantages
● Say who will give
4. What bigger & better data cannot do
● Maintain or analyse itself
● Describe anything but the past
● Make decisions
● Say why donors give (yet!)
“What information consumes is rather obvious: it consumes the attention of its
recipients. Hence a wealth of information creates a poverty of attention”
Professor Herbert Simon
6. Data in Philanthropy
Vertical:
Identifying ‘missing’ wealth
Targeting communications &
activities across the quantum of
wealth
Internal:
Tracking performance
Pipeline management
Improving conversion ratios
Measuring donor engagement
Increasing donor retention
External
Benchmarking against leaders
Scoping opportunities
Innovative products
Horizontal:
Choosing frequency & channel of
communication
Being relevant, responsive & timely
7. Data’s role:
Identify other George Soros’s sooner!
Plan strategically once identified
Boost value by targeting asks
A Relationship Case Study
8. Summary
● Significant potential for growth in philanthropy
● Data integrity key to finding more major donors. Bigger
data a distraction?
● Data-driven Philanthropy is innovative. Try it, test it,
improve it
● Above all, inspire and earn the respect of your alumni
& donors