Want to Increase Funding for your NPO? Start by Increasing your Transparency
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Did you know that your nonprofit already has a profile on GuideStar? Even if you haven't uploaded information, GuideStar has pulled your organization's basic data from your publicly accessible IRS Form 990 to create your own, unique profile on guidestar.org. Join us for our webinar to find out how you can update your profile and give your organization the potential to increase its funding through major foundations, corporate giving portals, and individual donors. Presenters: Jasmine Marrow, Director of Nonprofit Strategy, GuideStar; Daren Nordhagen, President, Foundant Technologies; Dolores Estrada, Manager, Grants Administration, The California Endowment; Linda Oatley, Director, Partner Services Team, Global Givings
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Want to Increase Funding for your NPO? Start by Increasing your Transparency
- 1. 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
- 2. Jenny Taylor Community Manager 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
- 3. Updating your GuideStar Profile M A N A G E Y O U R O N L I N E I D E N T I T Y
- 5. How many nonprofits have updates their profile? • 100K Historically • About 30K at Bronze, Silver, or Gold • 85 of the top 100 branded nonprofits
- 6. How can you get to gold…and beyond Bronze 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
- 8. 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
- 9. New and Improved! Stay Tuned…
- 10. 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.
- 11. Grantmaking at The Endowment 2, 006 Grants and contracts totaling $187M were approved last fiscal year
- 13. Grant Due Diligence Verify Tax Exempt Status at Intake, Proposal Review and at Payment Evaluate financial health of nonprofit Board list review for conflicts
- 14. Funder Benefits Save storage in our database Information is reliable Can leverage our knowledge of grantees with other funders Use it to benchmark nonprofits (place based initiative) Encourage field transparency
- 15. Other uses Comparison of local nonprofits (Financial Scan) Leveraging resources Diversity Data Collection – Coming Soon
- 16. 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
- 18. 18 GlobalGiving is an online crowdfunding community that connects nonprofit organizations with a vast network of individual and corporate supporters around the world. .
- 22. Every organization has a history. © GlobalGiving and The Pongo Fund
- 24. Join GlobalGiving • Submit an application www.globalgiving.org/apply • Post a project • Participate in an Open Challenge
- 25. $5,000 40 donors 2 weeks • Bonus Prizes • Matching Days • Training & Support Open Challenge September deadline July 24th! © GlobalGiving and Goodweave USA
- 26. 26 Questions? Please contact me at: loatley@globalgiving.org .
- 27. Benefits of Transparency & Shared Data presenting: Daren Nordhagen, President daren.nordhagen@foundant.com
- 28. 28 Headquartered in Bozeman, MT
- 30. • For Grant Makers • Released 2007 • 815 current clients • 170,000 grant applications in last 12 months • www.foundant.com 30 Grant Lifecycle Manager
- 31. • For Grant Seekers = Released 2015 • 14 current NPO clients • www.granthub.com 31 GrantHub
- 32. Spring Training 2015 | March 22-25 Demo: Integrations with Transparency Data Coming Soon:
- 33. Questions?