Top 5 Wealth Screening Software Providers for Your Nonprofit
Wealth screening is a valuable first step to prospect research. By knowing your donors’ wealth standing, you can tailor your asks to segments of your database or identify major donors.
But as valuable as wealth screening is, it’s not always easy to wade through an entire ocean of records on the search for your most valuable donors.
With wealth screening software, you get to put your donor data in capable, automated hands for fast results while you focus on driving your fundraising campaign. To make that your reality, check out our analysis of the top 5 wealth screening software providers to find the perfect one for your nonprofit.
| Ranking | Wealth Screening Software |
|---|---|
| #1 | DonorSearch |
| #2 | Double the Donation |
| #3 | NPO Authority |
| #4 | Timetric |
| #5 | iWave |
- Wealth Screening Software Provider
- DonorSearch
- Double the Donation
- NPO Authority
- Timetric
- iWave
1. DonorSearch — Our Top Wealth Screening Software Provider
Wealth Screening Software Provider Overview
DonorSearch is the go-to wealth screening software. With its Integrated Search feature, you receive an exhaustive breakdown of your prospect’s wealth information and philanthropic history.
And the best part is that by combining automated and manual research verification, DonorSearch’s wealth screening is 90% accurate. Compare that to the industry standard of around 70% for machine-generated data. That kind of edge can take your donor research strategies to the next level.
Best Features of DonorSearch’s Wealth Screening Software
DonorSearch’s wealth screening software service is highly customizable:
- DonorSearch will screen new prospect lists overnight for a morning-after delivery.
- You can submit batch screenings at any point during your contract term.
- Live audience analysis and daily patient screening turn around fast, useful information for specific campaigns or segments of your donor population.
Pricing
Contact 410-670-7880 or [email protected].
2. Double the Donation
Wealth Screening Software Provider Overview
Double the Donation’s top-ranked wealth screening software hones in on matching gifts opportunities by giving your nonprofit access to the matching gifts information of over 20k companies worldwide.
Best Features of Double the Donation’s Screening Software
When your supporters search Double the Donation’s matching gifts database, they don’t simply learn if their employer offers a matching gifts program. They also learn key information like:
- Their employer’s minimum or maximum matching gift threshold.
- Deadlines for submitting a matching gift request.
- Constraints on their matching gifts program (like whether or not their employer matches gifts to faith-based causes).
Pricing
Check out Double the Donation’s pricing page for up-to-date costs.
3. NPO Authority
Wealth Screening Software Provider Overview
Pulling from DonorSearch’s proprietary database, NPO Authority offers bulk screening for a minimum of 100 donors per batch. Like its partner DonorSearch, NPO Authority also combines electronic and manual screening for a 90% accuracy rate. Screening for planned gifts is also available.
Best Features of NPO Authority’s Screening Software
With Integrated Search and Gift Search, NPO Authority expands the ways you can find likely prospects:
- You can search for common nicknames, not just first names, which widens your search.
- You can screen prospects for their past gifts, finding trends that are invaluable for your planning.
- You can research annual reports that name donors and gift recipients, looking for connections to new prospects through existing donors.
Pricing
Pricing packages range from a $1,200 annual contract with unlimited access to searches, training, and online tools to a $1,495 annual contract complete with a free consultation and 1,000 records screened at once.
4. Timetric
Wealth Screening Software Provider Overview
Timetric’s WealthInsight service focuses your attention on high net worth individuals. You can request detailed profiles of your prospects from just a list of their names, or you can provide criteria and request a list of names and profiles that match your guidelines. However your list comes to be, Timetric’s WealthInsight also keeps track of your prospect’s networks to look for other potential donors.
Best Features of Timetric’s Screening Software
Timing can be an important factor when sending asks. Timetric’s WealthInsight keeps on top of significant events in high net worth individuals’ lives so you can time your asks around them. Some significant events for donation that Timetric tracks are, for example:
- Liquidity events, so you know when your prospects come into new wealth.
- Donation events such as parties and galas, so you know when your prospects are in a charitable spirit.
- Other events based on custom profiles of prospects’ interests, philanthropic and otherwise.
Pricing
Direct sales inquiries to [email protected].
5. iWave
Wealth Screening Software Provider Overview
PROscreen, a subset of iWave’s umbrella service Prospect Research Online (PRO), focuses on both potential donors’ capacity to give and their inclinations toward your specific organization or industry. The PROscreen tool rates prospects on their likelihood and ability to give to your organization. As an added bonus, the software integrates with a few popular CRMs.
Best Features of iWave’s Screening Software
iWave doesn’t want you to wait around. To save time and gather the most well-rounded information possible, PRO pulls from a wide array of databases to collect specific subsets of information linked to statistical propensity for charitable giving:
- VeriGift, to better understand your prospect’s charitable giving history.
- The Federal Election Commission and Elections Canada, for political contributions.
- Thomson Reuters, diving into insider transactions and securities.
Pricing
Fill out the online contact form to start a conversation about iWave and its products, including PROscreen.
Whether you’re a small nonprofit looking for your first major donors or a large organization ready to automate the process, there’s a wealth screening software solution out there for you. Take your time to research and find a software that will let you focus on the matters that need your attention more.
Additional Resources
Head on over to these other pages to learn more about wealth screening and nonprofit software:
- Double the Donation’s Top 7 Wealth Screening Solutions. Can’t get enough of wealth screening software solutions? Check out even more software, ranked and reviewed, with spotlights on the most helpful tools for nonprofits.
- DonorSearch’s Definitive Guide to Wealth Screening. It’s doesn’t get any more comprehensive than this ultimate guide to wealth screening. Find everything you need to know, including a list of wealth indicators.
- Top 9 Donor Prospect Research Software for Smart Fundraising. Prospect research and wealth screening go hand in hand; you first need to find prospects before you can determine if they have the capacity to give major donations. Learn what resources you can use to find new potential supporters.
- Fundly’s Best 9 Nonprofit Software for 2017 [Rated and Reviewed]. In the market for other kinds of software? Here’s the best nonprofit software of the year so far, from matching gifts to wealth screening to CRMs.
