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Five myths and misconceptions about Candid’s grant data

Candid

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.” tax exempt nonprofit organizations must file various Forms 990 with the Internal Revenue Service (IRS) each year. based foundations.

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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 typically resulted in about 900-1,300 funders represented and 100-150k grants collected in a given year.

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

Candid

tax-exempt organizations file annually, are a major source of data about nonprofits and foundation grantmaking in the United States. For example, about 75% of Candid’s grants data is sourced from Forms 990). These extensions result in a backlog of files for the IRS, who are also understaffed. Case in point: 990 data.

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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. At Candid, we collect data on millions of grants and other transactions awarded by hundreds of thousands of funders across the globe. foundations in a given year (see chart below). Pledges are excluded.

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Here's 28 Reasons Why Your Nonprofit Should Switch to EveryAction

The Science Behind Engaging your Supporters

Thousands of nonprofits use EveryAction every day to raise money, manage offline fundraising through pledges and grants, send emails, run nonprofit digital advocacy campaigns, and so much more. Have easy access to the voter file. Track your grants and pledges all in one place. Visualize your data like never before.

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How to Create a Volunteer Handbook Your Volunteers Will Use

Get Fully Funded

Staff: Provide an organizational chart with photos and enough information about each person’s role so volunteers can find the person they are looking for. Funders sometimes request this policy on grant applications. Include email addresses of all employees and phone numbers of those who work directly with volunteers.

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Knowing When to Choose a Nonprofit-Specific Accounting Solution

Connection Cafe

Commercial accounting solutions may be an acceptable option for smaller organizations, but a larger organization will find it increasingly difficult to efficiently manage projects, grants, and restricted funds when accounting needs become more complex. Track Data Through a Flexible Chart of Accounts. Manage Multiple Grants.

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