Beyond the Transaction – What’s in it for you?

Big data, small data, shared data, all data—that’s the steady drumbeat you’ve been hearing for months now. More and more grantmakers are picking up the drumbeat and paying attention to the role they can play in amplifying the power of information and knowledge they already have simply by sharing it.

There’s also a second drumbeat, one that has been playing for more than five years: effective practices. Since the launch of Project Streamline, GMN has been playing the same song: practices matter, and effective practices are the central components around which grantmaking should be conducted.

If you’re listening, you’ll note that both drumbeats are happening together, across the same space and throughout the same organizations. Sharing data and ensuring effective practices go hand-in-hand and make a lovely tune.

That’s why GMN partnered with the Foundation Center and the Forum of Regional Associations of Grantmakers for an innovative webinar series that can teach grants management professionals how to share their data and get the most in return, especially in regard to the effective practices they are working to implement. We’ve engaged the top grants software vendors for independent webinars to show users how to quickly and easily share their data with the Foundation Center through eReporting, a practice more than 800 foundations are already engaged in. Sharing the data builds the knowledge base available to all of philanthropy and helps gauge the use and effectiveness of specific practices.

Sharing your data also nets you a return.  As soon as the Foundation Center processes your grants, you are free to request a Philanthropy In/Sight map which conveniently displays your work in a state-of-the-art data visualization tool allowing you to see and share your work in a larger context.  See an example of how The William and Flora Hewlett Foundation uses their map part of their communication strategy.

It’s time to pick up your drumsticks and start marching along, to help create stronger data and better practices that benefits grantmakers and grantseekers alike.

 

Learn more about the webinar series Beyond the Transaction »

 

Nikki Powell

Nikki Powell is PEAK Grantmaking's communications and practices director. You can find her on Twitter @nikkiwpowell.