The document describes a team's iterative process of developing and testing hypotheses about how to increase alumni donations. They first hypothesized that allowing students to post projects for funding would motivate non-donor alumni to donate, but testing found limited student interest in posting projects. Subsequent tests of assumptions around alumni affinity for their school and distracting peers also produced uncertain results. The team then considers developing a student bootcamp program and plans to further validate assumptions and continue iterating on their ideas.