We’re Getting Data, Now What?
Thanks to rapid advances in computer and communication technologies, it is possible for stakeholders in the nonprofit sector to disclose more, to know more, and to demand more through increased transparency and collaboration. In October, a group of the largest US foundations committed to release their grant information in a consistent, open, and frequent manner. Dubbed the “Reporting Commitment,” 15 large foundations have agreed to report at least quarterly to the Foundation Center’s transparency-centered website, Glasspockets.org. In addition, the Bill & Melinda Gates Foundation, the William and Flora Hewlett Foundation, and the financial firm LiquidNet announced in October a “New Markets for Good” effort, focused on helping donors—individuals and foundations—use data about different organizations to inform their giving choices. This webinar will explore the repercussions of these moves toward big and open data. Presenters will analyze how more timely grant reporting from foundations can allow other foundations and nonprofits to look for relevant patterns, identify potential partners, scan a field of activity, and potentially develop strategies that take into account other philanthropic resources.
