WASHINGTON, DC, April 14, 2009 — The Alliance for Effective Social Investing, a network of nonprofit leaders, which includes the CEOs of GuideStar, Charity Navigator, BBB Wise Giving Alliance and Network For Good met in Washington, D.C. and agreed to work together to drive more funds to high-performing nonprofits.
BBB Wise Giving Alliance
MCLEAN, Va., April 14, 2009 — USA TODAY, the nation's top-selling newspaper, will publish an eight-page special bonus section focused on philanthropy on Tuesday, April 14. The section focuses on a new and growing civic generation and how the current economy is affecting service organizations. An essay by First Lady Michelle Obama highlights the need for more youthful volunteerism than ever.
Back in December, I wrote that the one thing I wanted to know before donating to a nonprofit was whether it was achieving its goals. Since it's hard to find that information, I was happy to see that Charity Navigator is exploring how to integrate data on outcomes — progress in achieving goals — into its notoriously distorted rating system for nonprofits. This has the potential to increase the total social good produced by the sector: Rating nonprofits based on outcomes will direct more donor dollars to the nonprofits with the greatest positive impact and will encourage all nonprofits to improve their outcomes.