Best Practices for Classification & Prospect Status

@Cathy Englin
You can go multiple directions with this one. Prospect Status is generally what stage of solicitation a donor is in: qualification, cultivation, solicitation, stewardship, etc. If you have webview, NXt is built so that you can set time limits on each stage, to prompt your major gift officers not to let a donor stagnate on their donor journey.

Classification is much more grey. Many people use this to identify what kind of prospect a donor may be: major gifts, estate gifts, monthly gifts, etc, which is how we use it. This field is entirely optional. You could also use it to identify what mission-connection your donor has: perhaps, labels such as “event sponsor”, “building namee”, “north region sponsor”, “grantor”, etc. Find out what kind of classification works best for you to sort your top donors based on your organization's workflow and solicitation/fundraising channels.

Have you used Donor Categories in lieu of OR in conjunction with Classification? What may be a use case to use one or both fields?