When it comes to charitable gifting, vital information about an insider’s wealth and affinity for donating cash or gifting stock remains a valuable clue for foundation advancement teams. One reliable source is SEC filings. It’s a veritable garden of happy surprises, often buried in the footntotes of insider filings and proxy statements, tender offers and annual reports. But where to start? Are insiders gifting stock to charitable institutions, family trusts, or donor advised funds? SEC filings also provide insights into historical matching cash donations by corporations, as well as corporate foundations for charitable giving.
The Problem. Unless you’re an SEC expert, navigating through SEC filings has been a daunting task. Researchers often found themselves bouncing from one website to another, spending hours to collect specific wealth data. And honestly, the process became even more challenging due to the multitude of intersecting SEC filings, i.e. insider transactions, proxy statements, merger prompted tender offers for cash or share swaps. Then add the need to coordinate current and historical stock prices. It quickly becomes a complex mess to weed through!
The Solution. To simplify this process, we’ve created Insider Focus. Insider Focus is designed to surface real-time facts disclosed in SEC filings, extracting all relevant wealth data and organizing past, present, and potential future wealth and gifting trends. This tool enables researchers, major gift officers, annual giving teams, and development officers to take an accurate, informed approach to fundraising, leveraging the competitive advantage of timing the ‘ask’ or knowing if an ‘ask’ is even possible.
Insider Focus eliminates the need to be an SEC expert and surfaces critical wealth and relationship connections.
Summarizing key wealth data points, affinity for charitable gifting, and giving cycles, development and frontline officers gain valuable insights into donors’ wealth, and their capacity and propensity for donating cash or gifting stock. This knowledge propels fundraisers to build stronger relationships with new prospects and maximize fundraising efforts.
Contact us for a demo for your foundation. Email sales@kscope.io
