Transcript Document
Donor Services Landscape Charities Review Council February 14, 2013 Attorney General’s Website • Is the organization legally registered to fundraise in MN? • Self-reported financials submitted by organization Better Business Bureau • Used on a regular basis here at the Council • BBB reviews national charities, that solicit nationwide • BBB has 20 “Standards for Charity Accountability” • Levels of Classification on Website (visible to donors) BBB CRC • • • • • • • Meet Standards Standards Not Met Did Not Disclose Review in Progress Unable to Verify Meet Standards In Progress Self-Reported • No review of self-reported information including: • Mission • People • Financials/990’s (also provided by IRS) • Programs & Help Donate • Donors can donate to organization directly from the Guidestar website Donor Information • Donors can identify nonprofits they believe are most effective in specific cause areas • Self-published reviews/ratings from donors who have interacted with an organization • “Take Action” allows donors to review cause areas to find “most effective” orgs recommended by partners Ratings Based • 4-Star rating system using public data • No self-reported information Reviews/Opinions • User reviews are a main component of this site • Self-published reviews/ratings from donors who have interacted with an organization Cool Features • Donate Now • News • Top Ten Lists • Hot Topics • Sector Analysis Tool • Interactive World Map “Promising Charities” • Finds small number of giving opportunities they deem outstanding • Do not provide objective analysis and instead review for • Evidence of impact • Cost effectiveness • Room for more funding “Top Charities” • 3 Top-Rated Charities 1. Against Malaria Foundation 2. GiveDirectly 3. Schistosomiasis Control Initiative • Status of all international and US charities being considered • Pending • More Information Available • Contacted (Declined), (No response) • • Acquired by GuideStar in 2011 Experts recommend nonprofits in cause areas ― 3,012 experts ― 560 nonprofits ― 36 causes • • • No self-reporting by nonprofits Goal to increase resources for financially responsible organizations Informs donors on best practices for giving Search Everyone knows about Google, knows how to use it Results may vary depending on the nonprofit you’re searching for At a minimum, you’ll be able to find basic organizational information and organization’s website Charity Watch Formerly known as American Institute of Philanthropy • Self-described watchdog with Hall of Shame • Rates 600 national charities with a budget greater than $1 million • Reviewed charities are nominated by donors • No membership or fee paid by nonprofits Social Impact 100 Index Developed by Social Impact Exchange S&I 100 • • • • Nominated by outside experts Met eligibility criteria Reviewed evaluation studies and growth/business plans Social Impact Exchange membership scored nonprofits Rigorous Criteria • With a rigorous set of criteria, the index makes sure it only includes organizations that are using donations in order to make a real, tangible difference. • The “Zagat” of nonprofits • Develop tools that allow people to find, review, and share information about nonprofits • Self-published reviews/ratings from donors who have interacted with an organization • Relies on greater nonprofit excellence through feedback and transparency • No self-reporting by nonprofits Online Fundraising Sites Organizations whose primary mission is to provide a vehicle for fundraising • • • • Razoo/GiveMN JustGive.org GiveMeaning.com Kiva.org • • • • DonorsChoose.org JustGiving First Giving Network for Good GiveMN/Razoo GiveMN • Transforming philanthropy in MN by growing overall giving and moving more of it online • Features MN nonprofits and schools Razoo • Razoo is the platform on which GiveMN operates and provides best practices for online fundraising Online charitable giving • 1.8 million charities on site • Vetting is limited to meeting IRS standards • JustGive Guide includes 1,000 national nonprofits Giving Wisely and Giving Resources Tools • Ways to Give • Focus Areas • Tips Powers digital giving • Very similar to GiveMN/Razoo Serves • Nonprofits: Online fundraising • Companies: Assists in building giving campaigns • Donors: Facilitates individual giving while providing tips and resources Online charity that connects donors to students in need • Available to public classrooms across America Public school teachers post classroom project requests • Partially funded projects expire with funding returned to donor or reinvested by donor • Vetting done by DonorsChoose.org prior to making project available for donations Connects people through lending to alleviate poverty Process • Choose a borrower • Make a loan • Get repaid • Reinvest Donor investments begin at $25 Borrowers selected by microfinance institutions on five continents Scaling social impact • Links foundations and individual donors with top-performing nonprofits and initiatives • Helps nonprofits access capital and other assistance needed to scale their impact Donors receive due diligence, business plans, and progress reports Primary Differentiation for the Council • Donor information provided in partnership with nonprofits • Self-reported data is verified by the Council • Accreditation of nonprofits – Meet Standards • Building capacity of nonprofits • More giving tips and tools available to donors (e.g. disaster giving or giving as gift) Informing Strategic Planning • Donors have significant online resources available to help them make giving choices • Beginning to see both acquisition and alliances/partnerships – Philanthropedia/GuideStar – GuideStar, Charity Navigator and Global Giving • Limited number of sites offer accreditation done in partnership with nonprofits