The Foundation Center and Guidestar have announced they have joined philanthropy forces to become a new nonprofit entity named Candid. The forces come together to bring deep expertise in data, technology, research, and training to serve the entire nonprofit sector.
What is Candid?
Candid will enable new kinds of transparency about who is working where in the world and on what issues. The new organization will also promote data standards and tools that can accelerate knowledge sharing and enhance collaboration. Powered with new insights, richer data, and increased access, Candid’s more than 16 million users will be better equipped to make more strategic decisions and better advance their missions.
“We are combining operations to fulfill a shared vision: connecting people who want to change the world with the resources they need to succeed,” – Bradford Smith, president of Candid.
Users will still be able to rely on the GuideStar and Foundation Center services that are so vital to their daily work, while benefiting from a steady stream of improvements. By integrating data and insights from nonprofits, foundations and institutional funders, governments, and tech companies, Candid will offer the philanthropic insights and analysis not possible before.
Candid will be governed by a board composed of the current trustees of Foundation Center and GuideStar. Leading the board will be co-chairs Clotilde Perez-Bode Dedecker, who has served as the chair of Foundation Center and serves as president & CEO of the Community Foundation for Greater Buffalo, and Mari Kuraishi, who served as chair of GuideStar and is the new president of the Jessie Ball duPont Fund. Prior to joining the Fund, Kuraishi was the co-founder and president of GlobalGiving.
“It is vital for the nonprofit world to have robust data platforms that are run by nonprofit organizations whose first duty is to a social mission,” said Mari Kuraishi, co-chair of the Candid board of directors.
How is it Funded?
To fund the costs of creating Candid and build for the future, nearly $27 million has been raised from the Bill & Melinda Gates, Charles Stewart Mott, and William and Flora Hewlett foundations and other supporters. Early stage funding for feasibility studies and legal services was provided by the Lodestar Foundation and the Fidelity Charitable Trustees’ Initiative.
Candid will have offices in New York, Williamsburg, Va., Washington, D.C., the San Francisco Bay Area, Atlanta, and Cleveland, as well as data and research partners in Asia, Africa, Europe, and Latin America. Candid is also increasing investment in its Funding Information Network of more than 400 library and nonprofit resource centers around the country and world that offers free public access to database tools, reference material, and training to the public.
Listen to Causeartist podcasts here.
- Meet Steward, the Innovative Online Lending Platform Helping Fund the Growth of Regenerative Agriculture
- ESG & the Transformation of Business Education in the Fashion Industry
- 5 Ethical Coffee Brands You Can Shop Online
- Is Your Retirement Plan Invested According to Your Values? A Look at ESG Investing and Better Retirement Plan Options
- Beer, Bread, Brushes, & Becoming an Impact Entrepreneur
Causeartist is a multi media company spotlighting impact entrepreneurs, impact startups, and corporate social responsibility.