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  Press Release

FOR IMMEDIATE RELEASE  

CONTACT:
Cheryl Loe
Communications Project Manager
The Foundation Center
(888) 356-0354 ext. 701
communications@foundationcenter.org


Grantsfire to Join the Foundation Center

Web-based Grant Reporting Technology Will
Enhance Breadth of Foundation Giving Data

New York, NY — April 13, 2010. The Foundation Center and Grantsfire have announced a joint effort to ensure that all those who care about philanthropy's contribution to the public good will have access to the most up-do-date information possible. Under the agreement, Grantsfire, a web-based system to capture and publish grants information using Web 2.0 tools and technology, will become a project of the Foundation Center.

Funded in part by the Charles Stewart Mott Foundation, Grantsfire was developed as a new way to share grants knowledge through the open, machine-readable, web-based "hGrants" format that is simple to deploy. It will become part of the Foundation Center's existing electronic grant reporting system used by 450 foundations throughout the world.

According to Gavin Clabaugh, vice president and chief information officer of the Charles Stewart Mott Foundation, "The Foundation Center-Grantsfire union is a match made in heaven. By adding the magic of Grantsfire to the Foundation Center's already impressive data collection processes, everyone's a winner. Adopting the Grantsfire toolset will make grant information available without the muss and fuss of imports, exports, uploads, and downloads."

Foundations that submit their most recent grants directly to the Center in a standard electronic format ensure that the most timely, accurate data is available to the tens of thousands of people who rely on the Center for information on U.S. funders and their giving. In return the Foundation Center provides each participating foundation with free interactive maps and charts of their grants.

"The Grantsfire technology gets us one step closer to having real-time grants information," said Bradford Smith, president of the Foundation Center. "This is central to our long-standing mission of increasing transparency so that people can see exactly what foundations are doing on the issues about which they care most."

"Our vision for Grantsfire has always been to facilitate better collaboration among foundations through access to real-time data. By combining our technology with the Foundation Center's years of experience and expertise, that vision is becoming reality," said Jason Ricci, a founder of Grantsfire.

The Foundation Center expects to deploy the new system later this year.


About the Foundation Center
Established in 1956 and today supported by close to 550 foundations, the Foundation Center is the nation's leading authority on philanthropy, connecting nonprofits and the grantmakers supporting them to tools they can use and information they can trust. The Center maintains the most comprehensive database on U.S. and, increasingly, global grantmakers and their grants — a robust, accessible knowledge bank for the sector. It also operates research, education, and training programs designed to advance knowledge of philanthropy at every level. Thousands of people visit the Center's web site each day and are served in its five regional library/learning centers and its network of more than 425 funding information centers located in public libraries, community foundations, and educational institutions nationwide and beyond. For more information, please visit foundationcenter.org or call (212) 620-4230.

About Grantsfire
Grantsfire makes up-to-date information on philanthropic grants widely and easily accessible through a network-centric strategy. Grantsfire pulls recently published grants information from foundation website or direct feeds according to a simple unified standard called hGrant. The goal of Grantsfire is to bring down costs and increase the timeliness and accessibility of grants data collection.

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