Want to Increase Funding for your NPO? Start by Increasing your Transparency
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Want to Increase Funding for your NPO? Start by Increasing your Transparency A GUIDESTAR WEBINAR July 16, 2015
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Transcript of Want to Increase Funding for your NPO? Start by Increasing your Transparency
Want to Increase Funding for your NPO? Start by Increasing your Transparency
A G U I D E S T A R W E B I N A R
July 16, 2015
Jenny Taylor
CommunityManager
GuideStar
Our Panel
Jasmine Marrow
Director, Nonprofit Strategy
GuideStar
Linda Oatley
Director, Partner Services Team
Global Giving
Dolores Estrada
Manager, Grants Administration
The California Endowment
Daren Nordhagen
President
Foundant Technologies
Updating your GuideStar ProfileM A N A G E Y O U R O N L I N E I D E N T I T Y
How many nonprofits have updates their profile?
• 100K Historically• About 30K at Bronze, Silver, or Gold• 85 of the top 100 branded nonprofits
How can you get to gold…and beyondBronze
Contact Info
Mission Statement
Area Served
Keywords
CEO Info
Board Info
Lists of Programs
Silver
Audited Financial Statement OR
Fiscal Year
Revenue Sources
Expenses
Liabilities
Assets
Gold
Long term Goals
Strategies
Core Competencies
Indicators
Progress in reaching goals
Platinum
Quantitative Programmatic Metrics
Narrative to explain your metrics
Introducing Platinum!
• Prove your impact to relevant donors• Publicly show you progress year to year• Benchmark your own metrics against peers• Squash the Overhead Myth
New and Improved!
Stay Tuned…
THE CALIFORNIA ENDOWMENT’S MISSION IS TO EXPAND ACCESS TO AFFORDABLE, QUALITY HEALTH CARE FOR UNDERSERVED INDIVIDUALS AND COMMUNITIES AND TO PROMOTE FUNDAMENTAL IMPROVEMENTS IN THE HEALTH STATUS OF ALL CALIFORNIANS.
Grantmaking at The Endowment
2, 006 Grants and contracts totaling $187M
were approved last fiscal year
Application Requirement
Grant Due DiligenceVerify Tax Exempt Status at Intake, Proposal Review and at PaymentEvaluate financial health of nonprofitBoard list review for conflicts
Funder BenefitsSave storage in our databaseInformation is reliableCan leverage our knowledge of grantees with other funders Use it to benchmark nonprofits (place based initiative)Encourage field transparency
Other usesComparison of local nonprofits (Financial Scan)Leveraging resources Diversity Data Collection – Coming Soon
Resource Guide Available on Guidestar
990 White Paper: http://www.guidestar.org/ViewCmsFile.aspx?ContentID=4208
NPO Guide to Compensation Issue: http://www.guidestar.org/ViewCmsFile.aspx?ContentID=3890
www.globalgiving.org
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GlobalGiving is an online crowdfunding community that connects nonprofit organizations with a vast network of individual and corporate supporters around the world. .
$185M
raised from…
450K
donors for….
12K
projects in…
160+
countries.
Every organization has a history.
© GlobalGiving and The Pongo Fund
GlobalGiving & GuideStar
Join GlobalGiving
• Submit an application
www.globalgiving.org/apply• Post a project• Participate in an
Open Challenge
$5,000 40 donors 2 weeks
• Bonus Prizes• Matching Days• Training &
Support
Open Challenge
September deadline July 24th!© GlobalGiving and Goodweave USA
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Questions?
Please contact me at:
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Headquartered in Bozeman, MT
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40 Total Employees
• For Grant Makers• Released 2007
• 815 current clients
• 170,000 grant applications in last 12 months
• www.foundant.com
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Grant Lifecycle Manager
• For Grant Seekers = Released 2015• 14 current NPO clients
• www.granthub.com
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GrantHub
Spring Training 2015 | March 22-25
Demo: Integrations with Transparency Data
Coming Soon:
Questions?
