From our friends at the Wall Street Journal’s MarketWatch comes exciting news:
FOUNDATION CENTER LAUNCHES FREE SEARCH TOOL
The Foundation Center, the leading source of information about philanthropy worldwide, has launched Foundation Directory Online (FDO) Free, an online tool that dramatically expands public access to the Center’s authoritative collection of foundation information. At no cost, users can search the basic profiles and IRS Forms 990-PF of nearly 90,000 grantmakers, less than 7 percent of which have web sites of their own. This resource benefits the entire social sector by putting critical data at anyone’s fingertips. FDO Free is the newest member of the Center’s premier Foundation Directory Online suite of fundraising research tools, which provide even deeper access to a wealth of detailed, structured grantmaking information that successful grantseekers have relied upon for decades.
With FDO Free, users can search for grantmaking foundations and find their contact information, fields of interest, financial data, and program priorities. The Center has also released an FDO Free search “widget” that can be embedded on any web site to further widen access.
Unique to this new tool is how it enables users to search by keyword across the entire text of the IRS Forms 990-PF for all independent grantmaking foundations. “While the IRS may someday make foundations’ 990 returns available in machine-readable open format,” said Bradford K. Smith, the Foundation Center’s president, “‘someday’ isn’t soon enough for the millions of nonprofit organizations who are tackling the world’s most pressing problems. FDO Free makes it possible to search the raw data on the IRS forms today, alongside additional information that has been cleaned and organized by the Center’s professional staff.” Together, these produce a powerful fundraising tool that helps nonprofits find the grants they need and is completely accessible to social entrepreneurs, researchers, or anyone else who wants to know about how America’s foundations contribute to the public good.
Initiatives to expand the amount of free data and information the Foundation Center makes available are in keeping with its mission to strengthen the social sector by advancing knowledge about philanthropy in the U.S. and around the world. FDO Free also contributes to the goal of connecting nonprofits to the resources they need to thrive, part of the Foundation Center 2020 strategic plan.
FDO Free is available at http://fdo.foundationcenter.org.