The Good, The Bad, and The Ugly: What Story Does Your 990 Tell About Your Foundation?
Have you read your institution’s 990 lately? The IRS recently started releasing e-filed Forms 990 and 990-PF as machine-readable, open data. Because the data is now not only open, but digital and machine-readable, this means that anyone from journalists to researchers to activists can aggregate this data and make comparisons, correlations, and judgments about philanthropy at lightning speed, all without your input.
This has implications for foundations institution-wide, from program to staffing to investment management.
Foundation Center’s Janet Camarena and Brad Smith lead this webinar to teach you about sections of the Form 990 that present potential risks and vulnerabilities, as well as opportunities to better share your institution’s work.
- How open data works
- What the IRS is doing in relation to Forms 990
- How the 990-PF data is currently used and could be used in the future
- The types of information included on the 990-PF
- How to analyze the story your current 990-PF tells about your foundation
- Recommendations for better communicating your foundation’s work through the 990-PF