GuideStar Blog

Everyone's a Winner on the GuideStar Exchange

The GuideStar Exchange Giveaway came to a close January 31, and on February 4, 10 organizations were randomly selected to share the $10,000 grand prize. Every organization that had been accepted as a member of the Exchange was automatically entered into the drawing. The Exchange is a new initiative at GuideStar, aimed at helping nonprofits share a greater scope of information on their goals and achievements with grantmakers and potential donors.

"I'd like to offer my congratulations to the Giveaway winners and my sincere thanks to everyone who filled out a GuideStar Exchange Form, thereby helping us create a valuable win-win situation within the nonprofit sector," said Bob Ottenhoff, GuideStar's president and CEO. "Participating organizations are rewarded with a richer report that can provide a more complete picture of their good works. Donors and funders benefit with easy access to more information on the nonprofits they support."

The following GuideStar Exchange members will each receive a check for $1,000:

  • Brackett Foundation, Hamilton, N.Y.
  • CentroNia, Washington, D.C.
  • Chesapeake Habitat for Humanity, Inc., Baltimore, Md.
  • Corazon Community Services, Cicero, Ill.
  • The Delaware Valley Legacy Fund, Philadelphia, Pa.
  • Genesis Development, Jefferson, Iowa
  • Hekima Place, Inc., Pittsburgh, Pa.
  • International Friendships, Inc., Columbus, Ohio
  • Phillips Collection, Washington, D.C.
  • Recycle-A-Bicycle Incorporated, Brooklyn, N.Y.
These organizations, however, are not the only winners. Every organization accepted as an Exchange member by January 31 will receive a free subscription to GuideStar Premium (a $1,000 value).

Although the Giveaway has concluded, nonprofit representatives are still strongly encouraged to apply to the Exchange by filling out the GuideStar Exchange Form. Note: You must have both an IRS letter of determination and an independent audited financial statement to qualify for the Exchange.

If you're not sure how the GuideStar Exchange Form can be filled out to your organization's greatest advantage, please take a look at some of these completed reports from current Exchange members:

  • Citizens Foundation USA
  • American Foundation For Children With AIDS, Inc.
  • English at Large Inc.
  • Alabama Blues Project
  • Northwest Ecosystem Alliance
The Exchange is currently in its beta phase, and feedback from users is still being gathered and analyzed. This information will be used to guide the development of the next generation of the GuideStar Exchange, assuring that it will better meet the needs of both nonprofits and their supporters. Please continue to make use of the "Tell us what you think" buttons featured on the GuideStar Web site, so that your thoughts and suggestions on this important project won't go unheard.

Patrick Ferraro, February 2008
© 2008, GuideStar
Patrick Ferraro is a freelance writer in Seoul, Korea, and a former editor of the Newsletter.
Topics: Nonprofit Leadership and Practice
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