Funders can get answers to almost any question they have with only a few keystrokes. That desire for information at their fingertips has bled over to the organizations they support. It is no longer a question of whether organizations should share impact data. It’s now about how much data to share, how often to share it, and if there are some stakeholders who need more transparency then others in terms of how the organization runs.

Transparency and compliance are must-haves for the modern grantmaking organization, and are therefore top-of-mind. But with evolving technology and ever-changing regulations, many foundations feel like they are constantly scrambling to stay on top of regulations and best practices.

At Blackbaud, we work with grantmaking leaders and industry experts to identify transparency and compliance trends and communicate what these changes mean for those in the nonprofit world. Here are a few resources that can guide you as you look to update your own transparency and compliance practices.

Transparency in grantmaking centers around your relationships with your grantees, donors, senior staff, board, and all your stakeholders. They want and need to be kept in the loop on what you’re funding, how you’re funding it, and the outcomes of that funding. And you are expected to be honest in your reporting, and that honesty should mitigate any fears and anticipated judgments or repercussions.

Read the full article about transparency in grantmaking by David Hazeltine at PEAK Grantmaking.