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Five myths and misconceptions about Candid’s grant data

Candid

At Candid, our mission is to get you the information you need to do good. This also means clearing up mis information when we come across it. In service of this, in this blog, we’re highlighting five things we’ve heard about our grants data that aren’t quite accurate. Myth 1: “Candid grants data” is the same as “990 data.”

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Pop the champagne: This year Candid’s grants data set turns 21!

Candid

Candid’s grants data set currently includes comprehensive information about over 30 million grants and other philanthropic transactions, such as pledges, in-kind gifts, program-related investments, etc. This data powers tools like Candid’s Foundation Directory , allowing users to see who’s giving what, where, and to whom.

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Data as Decision in Grantmaking

sgEngage

In grantmaking, one word makes more eyes glaze over than any other – data. With one shift in our understanding about data, we can reclaim a sense of wonder, creative agency, and value in our data work: Recognizing that information does not equal data and data does not equal knowledge.

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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?

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The data/crisis catch-22: How the pandemic created a social sector data gap  

Candid

Unfortunately, social sector data has also been impacted. Staff working long hours responding to multiple crises have little time and energy for data collection and dissemination. This creates a data/crisis catch-22: While it’s important to have recent data when managing a crisis, it’s also harder to get.

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Back to Basics: How to Set Up Your Nonprofit Chart of Accounts

Blue Fox

Introducing the Chart of Accounts (COA) Are you ready to nerd out on nonprofit accounting? Introducing the Chart of Accounts (COA) - the foundational accounting tool every nonprofit leader needs to get right for maximum financial insight and awareness. What is a Chart of Accounts? It’s just that important.

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Where are the 2019 (and 2020) 990s? On filling the gaps in Candid’s grants data

Candid

This gap is notable because IRS 990 filings are a substantial source of data about nonprofits and foundation grantmaking in the U.S. At Candid, grants data from 990s flows into tools such as Foundation Directory , public dashboards that provide insights into philanthropy in different regions across the U.S.,

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