Data technology helps nonprofits do more—and more good paid Oracle
, a consortium of nearly 60 leading global nonprofits and 60-plus technology companies that work together to design and implement innovative approaches to development, humanitarian, and conservation challenges.Critical to solving this challenge is an understanding, for nonprofits and donors alike, of the difference between an output and an outcome.
Technology tools also can help nonprofits dig into the numbers related to their missions. For example, when a donation is earmarked for a specific purpose, such as spay and neuter services for a dog rescue, the nonprofit is required to spend the money only on that effort. This means that the organization’s finance people need to understand exactly what percentage of costs—such as dog crates, food, and medication—can be tied to that specific program.
As these tools help nonprofits deliver and measure outcomes, potential donors will find a wealth of data available to fine-tune their giving strategies. To get to that point, Winsnes believes nonprofits must overcome two major challenges: eliminating data silos within organizations, and sharing and aggregating data among organizations with similar missions.
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