April
4th, 2016
Energy prices, China's economy, a rollicking
election season, terrorist attacks and other
world events have sent the stock market
on a wild ride. Despite all the uncertainty,
the S&P 500 stock index has gained 1.41%
year-to-date.
With
the Stock Markets constantly in flux, it
is increasingly difficult to stay on top
of key events that might be dramatically
altering your top donor prospects' wealth
profiles. A report may tell you that a top
prospect currently holds $20 million dollars
in her portfolio, but if you do not perform
proper due diligence, you may not discover
your prospect's stock portfolio declined
precipitously over the past year, making
her feel much poorer than her sizeable account
balance would suggest.
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The
S&P 500's Utilities Index is up 14.96% and the
Information Technology Index is up 3.05%, while
the Health Care Index is conversely down -4.75%.
While significant events continue to steer the
major indices, many individual stocks are commonly
bucking the overall trends. Following an individual
prospect's stock portfolio is a key performance
indicator for many of Donor Watch's clients, as
a strong performing portfolio will undoubtedly
make many top donor prospects feel more secure
and more willing to be generous towards their
alma-maters and favored charities.
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John
Duffey, the CEO of Grand Prairie, TX-based Six
Flags, is one individual who has to be feeling
pretty wealthy, as his company's stock has risen
precipitously over the past couple of years. Impressively,
Mr. Duffey's stock wealth has jumped from $28M
in the middle of 2014 to $54M today. John and
his wife have served on the boards of many charitable
organizations, making notable contributions to
his alma-mater Michigan State University's football
practice facilities and the Little City Foundation,
among others.
John
Duffey's Stock Portfolio Value over Time
Dominic Caruso, CFO of New Brunswick, NJ-based
Johnson & Johnson, has also experienced similar
stock portfolio growth. In contrast to the S&P
Health Care index's less than stellar 2016, JNJ's
stock is actually up 6.3% YTD. Back in early 2014,
Mr. Caruso's stock wealth sat at under $6M, but
it is now valued at nearly $13M. While his holdings
have increased in value, he has also opportunistically
sold shares over the past three years, netting
him an additional $7.7M in cash and raising his
total "Accumulated Wealth" to nearly $33M. An
alum of Drexel University, Mr. Caruso's philanthropic
efforts include board positions at The Children's
Hospital of Philadelphia and the Cystic Fibrosis
Foundation's Delaware Valley Chapter, among others.
Dominic
Caruso's Stock Portfolio Value over Time
Drew Alexander, CEO of Houston, TX-based Weingarten
Realty Investors, has also benefitted from significant
stock gains over the past few years. WRI's stock
has outperformed in 2016, increasing by 9.3% year-to-date.
Overall, Mr.'s Alexander holdings have jumped
from $28M in early 2014 to $42M today. An alum
of the University of Texas in Austin, his philanthropic
efforts include board positions at the Houston
Achievement Place, The Gladney Center and The
Houston Food Bank.
Drew
Alexander's Stock Portfolio Value over Time
To uncover similar actionable insights within
your organization's prospect and alumni pools,
please sign-up
for a free Donor Watch trial. Each
trial includes a customized view of your organizations
top 2016 prospects by stock performance.
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