article thumbnail

Study the Data, But Eat the Cake—Put the Human Factor Forward

.orgSource

Confirmation bias is the tendency to place the greatest value on information that supports your pre-existing beliefs. Anchoring bias makes people rely too heavily on the first bit of information they receive. But when the stakes are high, data is the knife that cuts through preconceptions to uncover the objective truth.

Data 221
article thumbnail

A crash course on trends analysis using Candid’s Foundation 1000 data set 

Candid

One of the most common reasons people analyze Candid’s grant data is to understand year-over-year giving trends in the sector. To do so, it’s easy to assume that the best place to start is with as much data as possible. Instead, we rely on a data set called the Foundation 1000. What is the Foundation 1000?

Analysis 116
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Use of AI in Fundraising: Maximizing Donations with Data-Driven Asks

Nonprofit Tech for Good

By Stasia Hural , Digital Marketing Lead at Keela – a complete software solution for nonprofits looking to grow revenue, centralize and manage data, and deepen donor engagement. But, the digital age has ushered in a new era, prompting a shift towards data-driven approaches. They let organizations use data to improve their fundraising.

Donation 130
article thumbnail

From Data Deluge to Impactful Decisions: Mastering Data in Grantmaking

sgEngage

Grantmakers are swimming in a sea of information. Applications, proposals, progress reports, impact metrics – the data collected throughout the grantmaking lifecycle is vast and ever-growing. While this data holds immense potential to improve decision-making and maximize impact, harnessing its power can be a challenge.

Data 52
article thumbnail

Top Ten Data Challenges (And Solutions) for Associations

Association Analytics

But when it comes to a troubling relationship with your data, can you turn to those same people? If you’re struggling to find someone to share your data woes with, we’re here to help you decipher the signs and get you back on track. Older models tended to be AMS-centric, leading to siloed data, static reports, and that trapped feeling.

article thumbnail

Are you getting the most out of your retention data?

Association Analytics

But are you truly leveraging that information? Analyzing this data is challenging as it typically resides in multiple systems (e.g. Analyzing this data is challenging as it typically resides in multiple systems (e.g. Additionally, this data can help you justify additional investment in your community.

Retention 169
article thumbnail

Connecting the dots: Fighting for equity through a data partnership 

Candid

When the Supreme Court gutted race-conscious admissions last summer and the American Alliance for Equal Rights followed with a lawsuit against the Fearless Fund, some in the philanthropic sector feared that demographic data had become a potential liability. They built a public API and released a public data set.

Data 98