Prospect Research Online

Online prospect research and fundraising tool for nonprofits

About Prospect Research Online

iWave is an online prospect research and fundraising intelligence platform designed to help healthcare, education, and nonprofit organizations identify and prioritize new donors, learn more about their existing donors, and determine both the best time to ask for donations and how much to ask for.

iWave’s PROscreen wealth screening tool allows users to screen their existing and potential donors for their propensity, affinity and inclination to give. These factors are combined with a baseline capacity rating to generate an overall PROscore, which can be used to prioritize prospects. Users can adjust score component weightings, input capacity ranges, and choose which records are included, and also incorporate their own giving data to generate RFM (Recency, Frequency, Monetary) scores for existing donors.

iWave includes an automated PROfile builder, which creates prospect identification profiles based on records selected by users. PROfiles can be saved for quick access and offer automatic alerts for wealth-creating events linked to the donor, such as promotions, stock disposal, and mergers. Batches of profiles can also be created for evaluation and comparison. iWave’s 360search lets users search prospects across multiple databases to identify promising datasets for further research and verify collected information. Integration with donor management systems allows users to view donor ratings outside of iWave, and include PROscores in their reports.

Key benefits of Prospect Research Online

  • PROscreen wealth screening allows users to identify database segments and prospects which warrant deeper research, and rates donor capacity, affinity, propensity, and overall potential for giving.

  • PROscore enables the prioritization of prospects, with users able to customize criteria weightings for score calculation.

  • The automated PROfile builder lets users select which records are included in prospect identification profiles, and offers alerts to automatically notify users of any wealth-creating activities and events related to the donor.

  • Batches of profiles can be created with only a name, city, and state or province, with support for uploads of up to 50 individuals per batch, and result list export for evaluation, comparison, and upload into donor management systems (DMS).

  • 360search integrated search tool allows users to simultaneously search individual prospects across multiple databases, identify the best source of data for future research, and verify information collected from other sources.

  • Devices

    Business size

    S M L

    Markets

    Canada, United States

    Supported Languages

    English

    Images

    Prospect profiles can be generated automatically from records selected by users
    To create a PROfile, users only need to enter a name and city location
    Entered details are matched with records automatically, and users select which records to use
    PROscores combine prospect affinity, propensity, and capacity to give
    Giving capacity is estimated for each prospect
    Users can select the organization type to rate each prospect's connection to specific sectors
    The weightings of PROscore components can be adjusted
    View 8 more
    Prospect Research Online video
    Prospect Research Online screenshot: Prospect profiles can be generated automatically from records selected by users Prospect Research Online screenshot: To create a PROfile, users only need to enter a name and city location Prospect Research Online screenshot: Entered details are matched with records automatically, and users select which records to use Prospect Research Online screenshot: PROscores combine prospect affinity, propensity, and capacity to give Prospect Research Online screenshot: Giving capacity is estimated for each prospect Prospect Research Online screenshot: Users can select the organization type to rate each prospect's connection to specific sectors Prospect Research Online screenshot: The weightings of PROscore components can be adjusted

    Features

    Total features of Prospect Research Online: 20

    • Activity Tracking
    • Alerts/Notifications
    • Alumni Management
    • CRM
    • Campaign Management
    • Data Import/Export
    • Data Verification
    • Demographic Data
    • Donor Discovery
    • Donor Management
    • Email Alerts
    • Fundraising Management
    • Grant Management
    • Lead Qualification
    • Multiple Data Sources
    • Personalization
    • Portfolio Management
    • Prioritization
    • Prospecting Tools
    • Search/Filter

    Alternatives

    DonorPerfect

    4,5
    #1 Alternative to Prospect Research Online
    No matter the size or sector, thousands of nonprofits use DonorPerfect to optimize their fundraising and track donation...

    Neon CRM

    4,4
    #2 Alternative to Prospect Research Online
    Thousands of nonprofits use Neon's nonprofit CRM software to manage their fundraising, membership, events, and...

    Bloomerang

    4,7
    #3 Alternative to Prospect Research Online
    Bloomerang is a fundraising software and database to help nonprofits of all sizes to reach, engage and retain donors

    Samepage

    4,8
    #4 Alternative to Prospect Research Online
    Samepage is award-winning collaboration & project management software. Progress is shown in real time and helps teams...

    Reviews

    Overall rating

    4,5 /5
    (34)
    Value for Money
    4,5/5
    Features
    4,3/5
    Ease of Use
    4,5/5
    Customer Support
    4,8/5

    Already have Prospect Research Online?

    Software buyers need your help! Product reviews help the rest of us make great decisions.

    Write a Review!
    Showing 5 reviews of 34
    Ann K.
    Overall rating
    • Industry: Higher Education
    • Company size: 1 001-5 000 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Found this product so useful that we purchased additional licenses for other staff members.

    Reviewed on 2018/05/10

    We use it a THE starting place when we are given a prospect name about which very little is known. ...

    We use it a THE starting place when we are given a prospect name about which very little is known. This product is extremely helpful in finding employment, property, stock, etc. which out manual internet searches.

    Pros

    Ease of use and depth of information. Not only are you able to look up a property record, you are also able to see the property history. Many of the sections allow you see the source.

    Also really like the 360 degree search feature as a starting place. Very helpful.

    Cons

    I can not think of anything I don't like about this product. Perhaps one con would be that the records are not updated from the iWave sources as frequently as I would like, however, that is true for most prospect research products.

    William R.
    Overall rating
    • Industry: Higher Education
    • Company size: 501-1 000 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    My experience with iWave has been excellent!

    Reviewed on 2018/05/11

    Quality data that helps us identify and target fundraising prospects. The software is a great value...

    Quality data that helps us identify and target fundraising prospects. The software is a great value for the cost. The software has saved us a great deal of time identifying and researching new prospects allowing us to get them to our front line gift officers much sooner that we had in the past.

    Pros

    1) Quality of data--accurate data including real estate, Thomson Reuters, D&B, RelSci and HEPdata to name a few of the databases available.
    2) Affordability--great for offices on a tight budget. Great returns for a minimal investment.
    3) Ease of use--the search features are intuitive. The 360 search tool is a great feature offering fast comprehensive searches with drill through capability.
    4) The screening capability is intuitive to use and offers some customization for each batch. The results are returned quickly and can be used to rapidly identify top prospects and build profiles.
    5) Customer support has provided thorough knowledgeable responses in a timely manner.
    6) The developers at iWave are always striving to improve their product. They seem to roll out a new feature each year that only enhances the value of the product, without increasing the cost. Moreover, they listen to their customers and try to include new features and databases requested by users.

    iWave has been a great tool for our office for about ten years. It is used not only by prospect research, but also by the biographical and gift teams who use iWave to locate constituents and research matching gift companies.

    I have been involved with prospect research for about 20 years, and I feel that iWave has developed the best desktop research product I have used so far.

    Cons

    Honestly, there isn't anything that I do not like about iWave. One thing on my wish list would be the addition of a general news database, but this is not a deal breaker for me.

    Verified Reviewer
    Overall rating
    • Industry: Higher Education
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support

    I've used iwave since it's launch. I use this tool for ad-hoc information searches.

    Reviewed on 2018/05/14

    Pros

    360 Search
    ZoomInfo. Great for bio search. Would be better if we were still able to pull the cached pages.
    Ability to search by address to confirm RE ownership
    Donations area: ease of exporting and modifying

    Have not used alert functionality

    Cons

    Everytime I do a 360 search I have to do it twice. Maybe I work too fast, but the initial search never finds my individual.

    I'd like to see a date on each source indicating the last time it was loaded into the iWave environment. Particularly D&B

    Not useful: RelSci - not possible to fully utilize To and From
    Insider Filings - no aggregate data. I typically navigate to the Form 4 to get a sense of most recent holdings.

    I would like to the search within function currently available only on some sources and at some levels to be available at all levels and fields. This shows in iWave as a filter option. See Donations summary screen to view.

    PROfiles. I attempted a small batch screening for a independent client using PROScreen. It was easy and worked well. I did have a problem utilizing PROfiles. It was clunky using validated the data and I eventually reverted to my only way of doing things.

    PROfile output: Lack of customization. No area for photo or biography. I would like to be able to brand this output with my institution's shield, etc.

    Teresa F.
    Overall rating
    • Industry: Nonprofit Organization Management
    • Company size: 5 001-10 000 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 9.0 /10

    The first resource I look to for information.

    Reviewed on 2018/05/10

    iWave Pro is my first go-to online research resource. It is my starting place, providing links to...

    iWave Pro is my first go-to online research resource. It is my starting place, providing links to other areas for further research.

    Pros

    The 360 Search feature is really great and will always run a search through this feature first, then branch out from there. I also appreciate the addition of the Dun and Bradstreet information as I like to compare that data with ZoomInfo. The Foundations/Charities tab is also highly useful. Being able to download giving history also saves valuable time.

    Cons

    The one thing I dislike about the giving history provided through iWave is the inconsistency/accuracy of giving history (donations). I understand this information is provided to iWave by a third party. I've been advised by others in my field that the donation history in iWave is more accurate than Noza however I find that I have to double check often to ensure the gift type is actually as it is listed; more often than not an "Annual Gift" is actually a "Cumulative" gift.

    Dawn B.
    Overall rating
    • Industry: Higher Education
    • Company size: 1 001-5 000 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Great research tool

    Reviewed on 2019/09/30

    I love iWave. I use it in conjunction with several other research databases to be able to provide...

    I love iWave. I use it in conjunction with several other research databases to be able to provide a well-rounded view of our prospects. iWave is easy to use and provides information from many sources and I find it to be invaluable in my day to day work

    Pros

    I love the real estate feature that allows you to look at the individual transactions for each property. It allows lists additional properties that person may own so that you can further your research.

    Cons

    I have not found the political giving module to be very helpful, as I am always able to find more political giving using other resources. I also do not find the Database USA to provide much useful information

    Showing 5 reviews of 34 Read all reviews

    Prospect Research Online FAQs

    Below are some frequently asked questions for Prospect Research Online.

    Prospect Research Online offers the following pricing plans:

    • Starting from:
    • Pricing model: Subscription
    • Free Trial: Available

    Contact iWave for pricing details and to book a customized demonstration.

    We do not have any information about Prospect Research Online features

    Prospect Research Online has the following typical customers:

    Self Employed, 2-10, 11-50, 51-200, 201-500, 501-1 000, 1 001+

    Prospect Research Online supports the following languages:

    English

    Prospect Research Online supports the following devices:

    Prospect Research Online integrates with the following applications:

    Salesforce Sales Cloud

    Prospect Research Online offers the following support options:

    Email/Help Desk, Phone Support, Chat

    Related categories

    See all software categories found for Prospect Research Online.