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Introducing Greatnonprofits

By Sebastian Troup


Many people wouldn't go to a restaurant without checking out its reputation online. Did you know you can also do the same with your charitable causes? With over 1.5 million nonprofits in the United States alone, there is a lot of information to wade through when considering the right recipients for your charitable giving. But a new partnership between Truist and GreatNonprofits will soon help make information more accessible for donors.

GreatNonprofits is the largest online social review site for charities. A nonprofit organization itself, GreatNonprofits contains over 200,000 user-generated reviews of more than 17,000 nonprofit organizations. These reviews and ratings are posted by people who have been touched by a nonprofit and want to share their story about it. Think of it as a Yelp or Trip Advisor for charities. GreatNonprofits is crowdsourced, so it includes reviews of groups of all different shapes and sizes. That means some fantastic charities, regardless of the size of their marketing budget, are getting recognized for their work by the people they have served.

Truly, GreatNonprofits come as the right fit for the Truist's philanthropy platform. In order for Truist users to have easy access to more information, the social review data will be integrated thus resulting to better decision-making in giving to charities. They can then add their own reviews to the database. A more robust employee giving solution as incorporated in real-time reviews and feedbacks too will be the result of this partnership indeed.

Since nonprofits are able to reach their new supporters as well as showcase their accomplishments feedback is definitely valuable. An example is that of Oral Cancer Foundation in Newport Beach, California where emails were sent to their major donors indicating reviews they got on GreatNonprofits. In doing so, a couple of new donors gave the organization $50,000 and another one even awarded unrestricted funding amounting to $300,000. This organization's opportunities definitely exploded given these donations where before they only work with $200,000 as their typical annual budget.

The open-access forum GreatNonprofits provides for charities is in line with the shift to transparency so many organizations are making these days. Transparency is about putting information out there and no longer hiding behind secrecy around the operations of an organization, especially its financials. With so many choices available for donors, especially around this time of year, the GreatNonprofits' technology is welcome for people doing research on the best charity to receive their hard-earned money.

Valuable material is then provided to charities for use in marketing services because of the reviews. Note that 188 reviews on Operation Understanding in Washington, D.C. were recorded last year which they use to incorporate quotes from those reviews for their new brochure and some other marketing materials. Additional fundraising is attributed by the organization to the reviews even with such a tough economic climate to deal with.

With all of these benefits, there's no question that having access to more information not only benefits donors as well as the charitable organizations. Look for a complete implementation of GreatNonprofits' data in Truist's software suite within the next year.


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