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121: The People Behind the Products: Understanding Our Donors and Inspiring Generosity Through Responsible AI with Nathan Chappell

121: The People Behind the Products: Understanding Our Donors and Inspiring Generosity Through Responsible AI with Nathan Chappell

FromWhat the Fundraising


121: The People Behind the Products: Understanding Our Donors and Inspiring Generosity Through Responsible AI with Nathan Chappell

FromWhat the Fundraising

ratings:
Length:
25 minutes
Released:
Apr 25, 2023
Format:
Podcast episode

Description

The importance of measuring a person's connection to an organization cannot be underestimated, as it transforms the way nonprofit fundraisers prioritize and prompt potential donors. By utilizing artificial intelligence, fundraisers can focus on building relationships with individuals based on their genuine interest in the cause rather than simply targeting them because of their wealth. This approach leads to more meaningful and fruitful partnerships, which positively impacts the efforts of the organization in the long run. 

In this episode, I get to speak with Nathan Chappell, a trailblazer in the world of AI-driven fundraising and co-author of the book Generosity Crisis. Nathan brings his vast experience and innovative ideas to the conversation and there is so much to learn! With a background in technology and business ownership, Nathan embarked on a 20-year journey in the nonprofit sector before joining Donor Search AI. 

In this episode, Nathan shares his insights on using AI to measure connections, stressing its ability to challenge assumptions and improve accuracy when modeling donors and prospects. For example, by treating donors and non-donors as separate entities and considering their ever-evolving priorities, AI enables fundraisers to make informed decisions about which individuals are most likely to offer valuable support. Nathan's expertise in machine learning, deep learning, and natural language processing has enabled him to challenge traditional assumptions and deliver groundbreaking insights into donor behavior.

In this episode, you will be able to: 
1. Discover the innovative ways AI is combating the challenges faced by nonprofit organizations. 
2. Uncover the secrets behind personalization and precision in charitable giving through AI technology. 
3. Recognize the vital aspects of responsible AI, including privacy, security, ethics, and equity. 
4. Embrace the discomfort associated with AI implementation for improved fundraising results. 
5. Grasp the importance of accountability and transparency in AI-driven models for nonprofits.


Get all the resources from today’s episode here

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Website: malloryerickson.com/podcast

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Please note: This episode is a part of a very special series called The People Behind the Products. More than ever, nonprofits care about the company behind their technology and service providers. What’s the underlying mission and vision of the company? What do they stand for? And how are they thinking about the sector and serving nonprofits? This series is an opportunity to get to know some of my favorite nonprofit technology companies so that the next time you’re making a tech decision, you can understand a little bit more about the people behind the product. There is no sponsorship or industry money behind the production of this series and the editorial content was at the sole discretion of the What the Fundraising team. 

If you haven’t already, please visit our new What the Fundraising community forum. Check it out and join the conversation at this link.
Released:
Apr 25, 2023
Format:
Podcast episode

Titles in the series (100)

What the Fundraising is the podcast for impact leaders and change-makers who are tired of doing things the old school way and are looking for best practices to raise money, run their organization, and think about the nonprofit sector in a whole new way.  Every Tuesday for 40-60 min, your host, Mallory Erickson, will be having real and raw conversations with some of the best personal and professional development experts, many of whom are outside the nonprofit sector. These are bestselling authors, world-renowned researchers, and TEDx experts, most of whom have never spoken to a non-profit audience before. They have come ready to share expertise, lessons, and stories that will fundamentally change the way you show up as a leader and fundraiser. There are so many valuable lessons nonprofit leaders are missing because they are outside of their typical orbit, but no more. Mallory is bringing them in and helping to apply her guest's expertise to disrupt the nonprofit sector once and for all. So if you are ready to learn how to upgrade your fundraising strategy, leadership skills, energy, habits, and mindset to bring in more funding and actually have some fun doing it, then this is the right podcast for you. If you’re wanting to implement ideas you heard, visit MalloryErickson.com/Podcast for the top tips and tools, full transcripts, quotes, videos, and additional resources from each episode.