The Raikes Foundation, which is the family foundation of Jeff Raikes and his wife, Tricia, wants to help, by enabling donors to do more good with their money. Last week, it unveiled a new website, Giving Compass, in beta, which was timed to the annual Giving USA report, which found that Americans gave about $390bn to US charities in 2016.
Some of that $390bn will do enormous good. Much will not. One reason why is that donors can’t easily find trustworthy information about the effectiveness of nonprofits.
I’ve just written a story for The Chronicle of Philanthropy about the Raikes Foundation’s effort to help people give smarter. The story also looks at Giving By All, a program of the Bill & Melinda Gates Foundation that is exploring ways to persuade Americans to give more and give better.
Not surprisingly, these are complementary efforts. The two foundations are neighbors in Seattle. Jeff Raikes was a top executive of Microsoft for 26 years, working for Bill Gates, after which he became chief executive of the Gates Foundation, again working for Gates. Jeff and Tricia Raikes were also the first Microsoft couple to meet and marry.
My Chronicle story says:
As befits their roots in the technology industry, both foundations will bring to bear the reach of the internet, the power of big data and the insights of behavioral science to their efforts to change the ways Americans give.
This blogpost will take a closer look at Giving Compass, which invites people to join “a community of donors who use the best data, technology, and peer learning to give well.” Its target audience is not the billionaires who sign the Giving Pledge, but those who are able to make gifts of $10,000 or more. It should be valuable to others as well. Its tagline: We organize the world’s information to make it easier to give well. Continue reading