New Funding Sources

Factary provide two core methods by which non-profit organisations can identify potential new prospects: the New Trust Update, our ongoing monthly summary of newly-registered grant-making trusts, and New Prospect Research, in which we work to identify prospects for your organisation, according to pre-agreed criteria.

New Trust Update

Our monthly report gives you information about grant-makers of potential interest to your organisation before they are published in directories and swamped with applications. To ensure that subscribers get the best possible chance with these new trusts we limit the circulation of New Trust Update to a maximum of 100 subscribers and operate a three-month embargo on featured profiles which will not be used by Factary in any other research work during that period, enabling subscribers to approach trusts first.

Each month, Factary researchers interview the settlors and administrators of newly registered grant-makers and conduct in-depth research to provide biographical information and details of the founders’ charitable interests and activities.

Features

Factary’s New Trust Update includes:

  • up to 20 profiles of recently registered grant-makers;
  • contact details for the trusts’ correspondents;
  • each trust’s objects and area of benefit;
  • trustees’ names with home addresses, where available;
  • the editor’s comments from the interview conducted with the correspondent;
  • detailed research notes on the correspondent, the trustees and the trust itself; and
  • details of the initial investment made to the trust.

Effectiveness

Reviews of past issues indicate that at least 10% of new registrations are now major donors with current grants approaching £1 million.

“The New Trust Update service from Factary is an essential fundraising tool for the Rainbow Centre. We are now in our 5th year of subscribing to the service and I would recommend it to any organisation which seeks to raise funds from grant making trusts.”

~ Deborah Riley, Trust & Finance Officer,
The Rainbow Centre, Bristol.

For further information or to subscribe contact David Hughes, Editor, by email or phone 0117 9166742.

Next section: New Prospects Report

New Prospects Report

With more than 20 years experience of researching ‘strategic funders’, including individuals, trusts, companies and governments, and a large prospect research team across Europe, Factary has the both knowledge and the capacity to find prospects for you. We’ll help you build a bespoke prospect pool that reflects your programme, your organisation and your needs.

Features

Factary can identify and hand-select a list of new prospects not already on your organisation’s database or otherwise known to you. We can build a prospect pool comprising one or more of the following strategic funders:

  • individuals;
  • trusts/foundations;
  • companies; and/or
  • statutory bodies.

We would start with a briefing from you, which would form the basis of our research; this briefing would include establishing what your interests are, who your ‘ideal donor’ would be and what you intend to use the research for. These factors will help us to devise a New Prospects Report model which most suits your needs.

Typical criteria for ideal prospects used to guide our research include:

  • gift capacity;
  • geographic location;
  • philanthropic interests; and/or
  • business interest

What's included

As a minimum, a New Prospects Report would include:

  • the prospects’ contact details;
  • information on the prospects’ business and, where available, their philanthropic interests and activities;
  • wealth information including, where available, background information on prospects’ wealth (stock holdings, property, remuneration, and so on); and
  • reason for inclusion, a brief summary of why Factary has selected this prospect for your organisation and its needs.

We can then enhance this information with more in-depth research and analysis, depending on your needs.

For further information please email Factary or phone 0117 916 6740.

Next section: Factary Phi

Factary Phi

Phi’s data covers the whole range of the non-profit sector in the UK, including arts organisations, universities and charities. Currently the database holds over 300,000 records representing donations with a combined monetary value of over £17bn – and these figures grow every month.

Phi offers a comprehensive and flexible search facility, allowing you to narrow your query according to information in a number of fields. These include:

  • donor and recipient names (whole or partial);
  • organisation type;
  • date and size of the donation; and
  • recipient and donor locations.

Additional information on the donation available at the source, such as the project it was made towards, is also provided.

Find out more about Factary Phi here.

Next section: New Trust Update