Major fuel sources for any university or college program are donations, leading every institute of higher education to refine its fundraising programs as much as possible. That's leading St. Paul-based
Reeher, a technology firm that helps institutions fine-tune their fundraising strategies, toward robust growth as a result.
The company recently noted that Fordham University adopted the platform in order to reach a $500 million campaign goal. Before that, the University of Toledo joined Reeher for its own campaign. Saint John's University selected Reeher in April as a way to improve its donor identification and management.
Founded in 2002 by Andy Reeher, the firm has developed a technology platform that helps institutions find up to 40 percent more donors, resulting in more fundraising dollars and less time spent chasing leads. Reeher discovered that most universities and colleges were investing significantly in fundraising relationships, only to find that most of the donations came from a handful of large donors.
Using predictive technology, Reeher is able to make fundraising more cost-effective for institutions, and the company's growing reputation is opening more doors all the time.
Reeher says, "These institutions see a lot of fundraising management technologies come and go, and they tend to wait to see what's working for someone else before they make a choice on what they'll use. So, one of our big drivers is that with this growing list of customers, we anticipate more inquiries and momentum going forward."
Source: Andy Reeher, Reeher
Writer: Elizabeth Millard