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Jay Frost
President
Frost On Fundraising
GIVING IS
UNEQUAL
BECAUSE
WEALTH
IS
UNEQUAL
Source: “The richest 1 percent now owns more of the ountry’s wealth than at any time in the past 50 years,”
Christopher Ingraham, The Washington Post, December 6, 2017
Image by Ryan B. Schultz
IMAGE OF SMOKE STACKS
Source: Wealth X/Business Insider, 2015
PROSPECTING 1.0
OPPORTUNITIES
• Board, staff, faculty, alumni,
current students, volunteers,
donors
• Government, Business
Councils and Chambers of
Commerce
• Thinks tanks, scholars,
journalists and other
researchers
• Limited by geography
• Limited by knowledge
• Limited by technology
LIMITATIONS
WHAT’S YOUR SUSHI CLUB?
WHAT ARE ITS LIMITATIONS?
LIMITATIONS PROSPECTING 1.0
• Limited by geography
• Limited by knowledge
• Limited by technology
PROSPECTING 2.0
Digital Prospecting
What does your donor look like?
SIX MARKERS OF PHILANTHROPY STUDY
DONORSEARCH (2017)
$685 Million 1 Million 400
in Giving Individuals Organizations
(no outliers)
1. GIVING TO YOUR ORGANIZATION
• RFM
• Recency
• Frequency
• Money
2. GIVING
TO
OTHERS
3. BOARD/TRUSTEE
POSITION
WHO’S AT
THE TOP?
4. POLITICAL GIVING
A single lifetime political gift of
$250 puts your constituent in the
top 6% of the US population
A single gift of $1,000 puts your
constituent in the top 1/10th of
1%
5. VALUE
OF REAL
ESTATE
• Individuals owning
$2+ million worth
of real estate are in
the top 3.5% of your
donor pool and give
nearly 1/3 of your
donation dollars.
• Individuals owning$1
million + in real
estate comprise 9.3%
of your donor pool
and are responsible
for 40% of your
revenue.
6 . B U S I N E S S
A F F I L I A T I O N S
PRIVATE BUSINESS IN
AMERICA TODAY
• There are approximately 30.7 million private businesses in the US
• BEFORE COVID:
• Just 6 million had employees
• Only 0.1% have over 500 employees
• Fewer than 1.4 million generated over $1 million in revenue
• Under 200,000—about 3.3%--grossed over $10 million
• TODAY
• 31% are currently non-operational (Facebook)
• BUT..,there is a surge in new home business starts
• AND Millennials and GenZ cohort members are 188% more likely to wish
to start their own business than Baby Boomers (SalesForce)
Sources: Small Business Administration & Census Bureau
PUBLIC VS. PRIVATE
TOP PUBLIC
FASTEST GROWING
PRIVATE
PRIVATE COMPANY INFO
• Open Corporates
• D&B
• Hoovers
• Inc.
• Company Web Site
• Local/Regional
Papers/Magazines
STOCK MARKET INSIDERS
• No Ownership Requirement
• Officers With Policy Making Functions
• All Directors
• Ownership Requirement
• 10% Owners
• Affiliated Persons (Rule 144) - Spouses, Trusts,
Children, Personal Foundations, Venture
Capital, Investment Advisors, etc.
REAL ESTATE
• Often the only asset data
available
• Can be used as a way to
guesstimate overall wealth
• Giftable
• Sources include Zillow,
Trulia, Lexis Nexis
PROSPECTING 3.0
Volume Prospecting, Screening,
and Uncovering Social Capital
ACQUISITION
• Acxiom Personicx
• CQ Roll Call
• DonorSearch Market Lists
• Accudata
• Brian Lacy and Associates
TAILORED PROSPECT LISTS
SCREENING
TYPES
• Peer
• Data Overlay
• Assets
• Modeling
TRY BEFORE YOU BUY
DOMESTIC SCREENING SERVICES
• BWF Insight
• DonorSearch
• Donorscape
• Iwave
• Target Analytics
• WealthEngine
• WealthX
• Windfall
PROSPECTING 4.0
Home Base is the Right
Place for Our Time and The
Future
Source: Melissa Baldwin, Flickr
Source: Henry Huey, Flickr
ORGANIC GROWTH THROUGH
SOCIAL AMBASSADORS
BEWARE
OF BIAS
Image: CarbonNYC [in SF
FIND ME!
jay@frostonfundraising.com
Phone: 571-426-6214
LinkedIn: Jay Frost
Facebook: Frost On Fundraising
Twitter: @gordonjayfrost

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