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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.” institutional grantmaking and provide the starting place and scaffolding for Candid’s grants data. Years ago, this was true. institutions.

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

Candid

For example, about 75% of Candid’s grants data is sourced from Forms 990). The chart above shows the number of 990 filings ii that Candid has for years 2017–2022. To illustrate how recent delays compare to traditional delays, we plotted the number of IRS filings we’ve received each month for a given fiscal year (FY) in the chart below.

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Your Unrestricted Funds Need Stewardship, Too

sgEngage

Since she signed the Giving Pledge in 2019 and began her momentous campaign of organization-changing donations, MacKenzie Scott has given away more than $17.3 Restricted funds are donations or grants that can only be used for the purposes specified by the funder. Many grants, especially federal and state grants, are restricted.

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Top moments from Tableau Conference 2021

Tableau

During the conference, Tableau shared key announcements, including outlining the product vision and future of analytics , as well as a pledge to train 10 million data people. We only get to come to work at the pleasure of our customers, and this trust is a responsibility we don’t take for granted.