by Neil Smithson | Apr 9, 2024 | Data, Grateful Patient Programs, Hospital Foundations and Fundraising, Predictive Models, Propensity to Donate
In a recent article published in The Chronical of Philanthropy , mid-level donors hold a huge opportunity for fundraisers amid a decline in giving. According to a new study, 31% of such donors have made a bequest, and 23% are considering a donation. Furthermore,... by Neil Smithson | Jul 25, 2023 | Data, Predictive Models
In today’s rapidly evolving healthcare landscape, hospital foundations face unique challenges in securing sustainable funding for their community health initiatives. Foundations play a crucial role in supporting community health initiatives by raising funds to... by Todd Hudnall | Apr 24, 2021 | Predictive Models
I recently read an article about the value of wealth screening versus the value of predictive modeling. The headline immediately made me think, “is the author suggesting using one versus the other to research and find potential donors?” After reading more, it made... by Neil Smithson | Apr 4, 2021 | Predictive Models
Very early in my career, I learned a valuable lesson from one of my first mentors. I worked for a national commercial credit firm at the time and my mentor taught me the value of return on investment (ROI). We were to pick up a $25 million portfolio at prime... by Neil Smithson | Feb 7, 2021 | Data, Predictive Models
For many years, I have been saying that the math will not lie to you. By this I mean, if you conduct trend analysis with your data, the patterns in you donor’s behavior will come forward. This analysis is important to help you manage resources, target messaging and... by Neil Smithson | Jul 22, 2020 | Artificial Intelligence, Predictive Models
There’s a lot of buzz in almost every industry about the power of Artificial Intelligence (AI) applications and its impact on consumer experiences. Sometimes I see presenters that are truly passionate about their technology but don’t really understand the complexities...
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