Mining Your Data: From Students to Alumni
Your institution has enrolled a strong class of students, and a high percentage of them have persisted and are thriving academically. Now it is the senior year. In a few months, these students will graduate, and, if you do not engage them proactively now, you will lose your best opportunity to invite them to engage with you and give back to the institution as alumni. A few figures to consider: According to Eduventures’ 2008 study Transitioning Donors to Higher Gift Levels, almost half of all donors make their first gift to the institution more than 20 years before making a contribution at the major gift level. According to the 2011 Capgemini and Merrill Lynch World Wealth Report, 32%—nearly a third—of high net-worth individuals (HNWIs) in North America are under age 55, an increase in the number of the young wealthy over previous annual reports. These data speak to the importance of cultivating donors as early as possible. And as affinity with your institution develops while alumni are still students, managing the student-to-alumni transition is especially critical. Key Indicators of Giving and Engagement What can you learn about preparing students to become engaged alumni, based on the data you have (or […]