An Effective Fuzzy Recommender System for Fund-raising Management | SpringerLink
Skip to main content

An Effective Fuzzy Recommender System for Fund-raising Management

  • Chapter
  • First Online:
Neural Approaches to Dynamics of Signal Exchanges

Part of the book series: Smart Innovation, Systems and Technologies ((SIST,volume 151))

Abstract

In the social economics field that deals with the nonprofit organizations (NPOs), the fund-raising is a crucial activity that requires the management of a great number of quantitative and qualitative information regarding Donors and Contacts (i.e., potential donors). This data is normally stored in a structured database (DB) by each NPO, and it is clear that their effective processing by data science methods significantly improves the performances of the fund-raising campaigns. For this reason, the use of rigorous mathematical methods and decision support systems (DSS) has been playing a very important role in this context. The process of fund-raising is very complex and in part different depending on the characteristics of each organization. However, a common important feature is the role of the Contacts, and therefore, the method for turning the Contacts into actual Donors contextualized in the so-called giving pyramid is crucial from a strategic point of view. Recently, a recommender system (RS) has been proposed to optimize the Contacts’ management, by computing the similarity of each Contact with respect to the Donors. In this contribution, we enhance and complete this model by considering both a large DB and two significant extensions of the model, obtaining in this way an effective and whole fuzzy RS. With respect to the DB, the availability of information is effectively exploited. As for the algorithm, a proper similarity measure is defined, based on the specificity of the context. Moreover, a complete estimation of the Contacts’ characteristics is taken into account, by considering not only the frequency but the averaged amount of the gift as well, in the context of a nonparametric approach. The experimental results show the effectiveness of the proposed system.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Subscribe and save

Springer+ Basic
¥17,985 /Month
  • Get 10 units per month
  • Download Article/Chapter or eBook
  • 1 Unit = 1 Article or 1 Chapter
  • Cancel anytime
Subscribe now

Buy Now

Chapter
JPY 3498
Price includes VAT (Japan)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
JPY 11439
Price includes VAT (Japan)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
JPY 14299
Price includes VAT (Japan)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
JPY 14299
Price includes VAT (Japan)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Similar content being viewed by others

Notes

  1. 1.

    Refer to Russell [26] for an exhaustive introduction to algorithms and aim of Artificial Intelligence.

  2. 2.

    For general properties and a list of possible similarity measures, the interested reader can refer to Couso [11], Beg [7].

  3. 3.

    The Italian fund-raiser association.

  4. 4.

    Research center on non profit, fund-raising and social responsibility operative in the University of Bologna.

References

  1. Aman, K., Singh, M.D.: A review of data classification using K-nearest neighbor algorithm. Int. J. Emerg. Technol. Adv. Eng. Website 3(6), 354–360 (2013)

    Google Scholar 

  2. Andreoni, J.: Philantropy. In: Kolm, S.C., Ythier, J. (ed.) Handbook the Economics of Giving, Altruism and Reciprocity 2, pp. 1201–1269. Elsevier, Amsterdam (2006)

    Google Scholar 

  3. Barzanti, L., Gaspari, M., Saletti, D.: Modelling decision making in fund raising management by a fuzzy knowledge system. Expert Syst. Appl. 36, 9466–9478 (2009)

    Article  Google Scholar 

  4. Barzanti, L., Giove, S.: A decision support system for fund raising management based on the Choquet integral methodology. Expert Syst. 29(4), 359–373 (2012)

    Article  Google Scholar 

  5. Barzanti, L., Giove, S., Pezzi, A.: A Recommender system for fund raising management (submitted)

    Google Scholar 

  6. Barzanti, L., Mastroleo, M.: An enhanced approach for developing an expert system for fund raising management. In: Segura, J.M., Reiter, A.C. (ed.) Expert System Software: Engineering, Advantages and Applications, pp. 131–156. NYC Nova Science Publishers (2013)

    Google Scholar 

  7. Beg, I., Ashraf, S.: Similarity measures for fuzzy sets. Appl. Comput. Math. 2(8), 192–202 (2009)

    MathSciNet  MATH  Google Scholar 

  8. Bhatia, N., Vandana, A.: Survey of nearest neighbor techniques. Int. J. Comput. Sci. Inform. Secur. 8(2), 302–305 (2010)

    Google Scholar 

  9. Canestrelli, E., Canestrelli, P., Corazza, M., Filippone, M, Giove, S., Masulli, F.: Local learning of tide level time series using a fuzzy approach. In: Proceedings of International Joint Conference on Neural Networks, Orlando, Florida, USA, 12–17 Aug 2007

    Google Scholar 

  10. Cappellari, L., Ghinetti, P., Turati, G.: On time and money donations. J. Socio-Economics 40(6), 853–867 (2011)

    Article  Google Scholar 

  11. Couso, I., Garrido, L., Sànchez, L.: Similarity and dissimilarity measures between fuzzy sets: a formal relational study. Inf. Sci. 229, 122–141 (2013)

    Article  MathSciNet  Google Scholar 

  12. Duffy, J., Ochs, J., Vesterlund, L.: Giving little by little: dynamic voluntary contribution game. J. Public Econ. 91(9), 1708–1730 (2007)

    Article  Google Scholar 

  13. Duncan, B.: Modeling charitable contributions of time and money. J. Public Econ. 72, 213–242 (1999)

    Article  Google Scholar 

  14. Fan, J., Gijbels, I.: Local Polynomial Modelling and Its Applications. Chapmann & Hall, London (1996)

    MATH  Google Scholar 

  15. Flory P.: Fundraising databases. DSC London (2001)

    Google Scholar 

  16. Flory P.: Building a fundraising database using your PC. DSC London (2001)

    Google Scholar 

  17. Giove, S., Pellizzari, P.: Time series filtering and reconstruction using fuzzy weighted local regression. In: Soft Computing in Financial Engineering, pp. 73–92. Physica-Verlag, Heidelberg (1999)

    Google Scholar 

  18. Jananch D., Zanker M., Felfernig A., Friedric G.: Recommender Systems: An Introduction. Cambridge University Press, Cambridge (2001)

    Google Scholar 

  19. Keller, J.M., Gray, M.R., Givens Jr., J.A.: A fuzzy K-Nearest neighbor algorithm. IEEE Trans. Syst. Man Cybern. Smc-15(4), 580–585 (1985)

    Article  Google Scholar 

  20. Kercheville, J., Kercheville, J.: The effective use of technology in nonprofits. In Tempel, E. (ed.) Hank Rosso’s Achieving Excellence in Fund Raising, pp. 366–379. Wiley, New York (2003)

    Google Scholar 

  21. Lee, L., Piliavin, J.A., Call, V.R.: Giving time, blood and money: similarities and differences. Soc. Psychol. Quart. 62(3), 276–290 (1999)

    Article  Google Scholar 

  22. Melandri, V.: Fundraising. Civil Sector Press, Toronto (2017)

    Google Scholar 

  23. Moro, S., Cortez, P., Rita, P.: A divide-and conquer strategy using feature relevance and expert knowledge for enhancing a data mining approach to bank telemarketing. Expert Syst. 1–13 (2017). https://doi.org/10.1111/exsy.12253

    Article  Google Scholar 

  24. Nudd, S.P.: Thinking strategically about information. In Tempel, E. (ed.) Hank Rosso’s Achieving Excellence in Fund Raising, pp. 349–365. Wiley, New York (2003)

    Google Scholar 

  25. Rosso, H., Tempel, R., Melandri, V.: The Fund Raising Book. ETAS, Bologna (2004) (in Italian)

    Google Scholar 

  26. Russell, S., Norvig, P.: Artificial Intelligence: A Modern Approach, 2nd edn. Prentice Hall, New York (2003)

    Google Scholar 

  27. Sargeant, A.: Using Donor Lifetime Value to Inform Fundraising Strategy. Nonprofit Manage. Leadersh. 12(1), 25–38 (2001)

    Article  Google Scholar 

  28. Verhaert, G.A., Van den Poel, D.: The role of seed money and threshold size in optimizing fundraising campaigns: Past behavior matters! Expert Syst. Appl. 39, 13075–13084 (2012)

    Article  Google Scholar 

  29. Wand, M.P., Jones, M.C.: Kernel Smoothing. Chapmann & Hall, London (1995)

    Book  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Luca Barzanti .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2020 Springer Nature Singapore Pte Ltd.

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Barzanti, L., Giove, S., Pezzi, A. (2020). An Effective Fuzzy Recommender System for Fund-raising Management. In: Esposito, A., Faundez-Zanuy, M., Morabito, F., Pasero, E. (eds) Neural Approaches to Dynamics of Signal Exchanges. Smart Innovation, Systems and Technologies, vol 151. Springer, Singapore. https://doi.org/10.1007/978-981-13-8950-4_8

Download citation

Publish with us

Policies and ethics