![]() Given how much turnover there is in fundraising, it’s crucial that donors and prospects don’t fall through the cracks, speakers at the recent APRA Prospect Development 2023 conference said. Holding On to Donors & Other Conference Tips To learn more about what some fundraisers are using instead of the donor pyramid, read the rest of the story. Even the typical development-shop structure - with departments focused on mass fundraising, midlevel giving, and major and legacy gifts - mirrors the theory of the pyramid. In the 1980s, Robert led the National Society of Fund Raising Executives (now the Association of Fundraising Professionals), and the idea spread as the field moved to professionalize. Robert and Joan Blum, a husband-and-wife team who started a San Francisco fundraising consultancy in the late 1960s, are said to have first used it. The fundraiser’s task: find ways to “upgrade” donors and push them heavenward. The largest donors - typically smaller in number - are assigned to the peak. Those who make small gifts fill a wide, sturdy base. But I don’t think, based on the reality of what I’ve seen in my practice, that it’s helpful at all.”Īlthough the donor pyramid takes many forms, it typically is a visualization that sorts an organization’s supporters according to the value of their donations. “It’s one of those things that you study when getting your, and it comes up from time to time. The donor pyramid, Guigueno says, simply doesn’t work. Still, she won’t be turning to the fundraising model that’s a mainstay of textbooks, consultant playbooks, and the industry itself. Managing data for 21 million members, Abacus Insights partners with payers to deliver scalable solutions that drive strategic initiatives, control costs, and improve member lives and experiences.This year, Guigueno, the opera’s director of development, is under pressure to backstop the organization’s pandemic-battered $5 million budget. Focused on data quality and usefulness, Abacus Insights gives payers a new level of control and flexibility with their data by developing accurate, timely, and robust ecosystems that can support any analytics or other applications. “The company is on an exciting growth trajectory that will rapidly change the quality of care that people receive, and I look forward to supporting and accelerating this mission.”Ībacus Insights is a healthcare technology leader with the only data transformation platform and solutions built specifically for health plans. “Getting healthcare data right is going to have an enormous impact on people’s lives and Abacus Insights is leading the way with its breakthrough in making data usable for payers,” said Hunt. He is a key addition to our executive team as we establish Abacus Insights as the dominant player in healthcare data usability,” said Minal Patel, Abacus Insights CEO. “Frank is an enormously well-respected financial leader with a history of growing technology-based companies. Hunt also was the Chief Financial Officer for Connotate Inc., facilitating its acquisition by data integration company Import.io, with investment from. and Blue Venture Fund, both investors in Abacus Insights. Hunt led AbleTo’s $500 million recapitalization by Optum Health in 2020 and a $45 million Series D investment by Bain Venture Capital Partners and Optum Ventures, with the participation of all existing investors. Under his financial and strategic leadership, the company saw rapid growth. Hunt was previously the Chief Financial Officer for AbleTo, Inc., a provider of technology-enabled virtual behavioral healthcare services for payers, employers, and individuals. Hunt joins Abacus Insights, a leader in healthcare data usability, at a critical period of growth for the company, bringing a demonstrated track record of fund-raising and financial leadership in healthcare services and insurance. Boston, November 1, 2022- Healthcare technology leader Abacus Insights has appointed Frank Hunt as its Chief Financial Officer effective November 1, 2022.
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