Foundation Center and GuideStar Join Forces to Become a New Nonprofit Entity Named Candid

Governance – Knowledge Management :: Not-for-Profit Organizations

Foundation Center and GuideStar Join Forces to Become a New Nonprofit Entity Named Candid
Candid to Offer Most Comprehensive, Global Source of Knowledge About Nonprofit Work

February 5, 2019 (New York, N.Y.)—Foundation Center, the leading source for insight on philanthropy worldwide, and GuideStar, the leading source of information on nonprofit organizations, today announced they have joined forces to become a new nonprofit entity named Candid.

Candid brings together the deep expertise of the two organizations in data, technology, research, and training to serve the entire social sector—nonprofits, foundations, social enterprises, and individual donors—and promote more and smarter giving. Building on more than 85 years of combined experience, Candid will enable new kinds of transparency about who is working where in the world and on what issues. Candid 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.

Bradford Smith, previously president of Foundation Center, will be the president of Candid; Jacob Harold, previously president and CEO of GuideStar, will be Candid’s executive vice president.

“We are combining operations to fulfill a shared vision: connecting people who want to change the world with the resources they need to succeed,” said Bradford Smith, president of Candid. “And our name, Candid, speaks to our deep historical legacy of telling the story of foundations and nonprofits in a fair and objective manner as well as our renewed commitment to provide trusted data and knowledge for the sector.”

“Candid is a new organization but it is rooted in eight decades of experience in and connection to the nonprofit community,” said Jacob Harold, executive vice president of Candid. “With billions of pieces of data and millions of users, Candid will have the scale to weave together the stories of changemakers around the world. Our combined data and networks will allow us to understand the current state of the field in new ways. But, more importantly, Candid will be positioned to help the field imagine better ways of working for a better future.”..

Informed by the needs of users, the Candid team will explore a far-reaching range of new services. Currently in the planning phase, these initiatives will be developed over a period of years and include:
:: weaving together databases to enable much more inclusive search results;
:: enabling results-driven analysis based upon improved program data;
:: expanding and accelerating the adoption of data standards across the field;
:: driving a common profile—and, eventually, a common grant application and reporting framework—by providing a consistent data framework, a next-generation distribution system, and place-based campaigns;
:: providing people working in the social sector with opportunities to develop skills to help them succeed;
:: creating social functionality, including “give lists” and deeper integration into social media platforms;
:: developing a technology and knowledge-driven marketplace for RFPs;
:: creating a fundraising planning tool for nonprofits; and
:: directly integrating data and analysis into the tools that nonprofits, foundations, and their partners use every day.

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…