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  Alumni of Northeastern Colleges & Universities dominate Prospect List,
Driving $11.6 Billion in Q3 Wealth Events

 


October 12th, 2016
During the third quarter, executives of US public companies sold $11.6 billion in stock, according Donor Watch's most recent industry report. Topping the list are executives who received their undergraduate degrees from schools in the states of New Jersey, New York and Massachusetts. Combined, alumni from the top three states raised nearly $2 Billion in cash from stock sales. Rounding out the top five states are alumni of schools in Texas and Pennsylvania.

 

Not surprisingly, this quarter's list of wealthy individuals is led by several renowned tech executives, including Amazon's Jeff Bezos, Microsoft's Bill Gates, Activision's Bobby Kotick, Facebook's Sheryl Sandberg and Apple's Tim Cook. The quarterly stock sales for these five executives totaled an astounding $1.68 billion, or 14.5% of all sales.

The top 10 undergraduate schools with the most alumni stock sales during Q3 include:
   1. Princeton University
    6. Yale University  
   2. Harvard University     7. Southern Methodist University  
   3. University of Michigan.     8. Fordham University  
   4. Auburn University.     9. University of Wisconsin  
   5. Cornell University   10. Stanford University  

Notably, several lesser known and smaller schools from across the country managed to crack the top 25 of this quarter's prospect list with impressive alumni stock sales, including Stephen F Austin State University, St. Cloud State University, New York Institute of Technology, Wellesley College and Wesleyan University.

Timing can be everything for non-profits seeking major gifts, so identifying prospects and alums who have recently come across large amounts of cash can be critical to a gift officer's targeting efforts. Donor Watch provides its real-time insights and powerful software platform to the development offices and prospect research teams at leading colleges, universities and non-profits.  For more information and access, please sign-up for free Donor Watch trial today.

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