This is a big deal. If you go to Google Finance, you can now search for charities by name and pull up data about them, news stories, blog posts and leave comments in a discussion forum (hat tip to “a fundraiser”). As far as I know this is brand new and as far as I know, I’m the first person to leave a comment in a discussion group.
On the Red Cross page, I wrote:
Is the Red Cross Effective? I don’t mean do they have low overhead expenses or some silly measure like that. I mean do they take donor dollars and use them to fund an organization that produces high levels of social impact? If the answer is yes, I’d love to know about any data that backs this claim up.
Thanks to anyone who can help.
It was just last month that a One Post Challenge entry suggested that Google should buy GuideStar. Maybe Google thinks they can do it alone.
I think this is a game changer. If these Google pages resided at the top of the search results when people look up nonprofits, than these pages will become de facto home pages, but with blog posts, new stories and discussions that are both positive and negative. What if you’re a donor thinking about giving to the Red Cross and the first link you find is the Google Finance page? You take a look and find a question from someone asking if the Red Cross is effective… and no response from the Red Cross.
This is a big deal.
But it is obviously beta. Right now there is no silly overhead expense ratio analysis. But on the other hand Google bizarrely lists “Key Stats and Ratios” that are all blank, since the stats and ratios all refer to profitability measures. What data will Google choose to display? The choices they make will influence donors and the flow of charitable dollars in a big way.
What information do you think Google should list? I’ll do my best to get suggestions in front of Google.
If you want your voice heard, check out the Google Finance site, search for a nonprofit and leave your own comment in the discussion forum. You’ll be one of the first.