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Frequently Asked Questions
What is the primary mission of Block Data 4 Good?
The goal is to create knowledge about investments in the social economy.
So, what exactly is Block Data 4 Good?
Block Data 4 Good is four things actually.
(1) A publishing platform where nonprofits can elevate and illuminate their work and investments on one common platform to increase impact by creating awareness.
(2) An online community of people and organizations in the social sector interested in building shared knowledge
(3) An easy-to-use donation platform.
(4) A searchable database and data market for the important work done by the social sector and those who invest in that work.
Why is Block Data 4 Good a regular corporation and not a nonprofit organization?
There are compelling reasons for both tax structures. In the end, corp structure ensures three things:
(1) That Block Data 4 Good does not compete with any of the existing nonprofit infrastructure organizations for the limiting funding available for technology infrastructure
(2) That Block Data 4 Good does not compete for nonprofit funding with organizations who choose to publish their data on the platform and use the platform to for fundraising.
(3) That Block Data 4 Good can implement blockchain technology that allows for distributed ownership model based on participation by members who provide and enhance data.
How is Block Data 4 Good different from other nonprofit technology infrastructure groups?
Block Data 4 Good is different from other nonprofit technology groups in three key areas:
(1)Block Data 4 Good is laser focused on providing a publishing platform for the social sector that in the end, enables an open data sharing model that rewards community members for partitipation
(2) Block Data 4 Good is creating a community that values data sharing and transparency, a community that is mission driven for shared knowledge, not mission driven for sector oversight and governance like many other initiatives.
(3) Block Data 4 Good will support data collection efforts that have program specific metrics for data gathering, not comprehensive data sweeps attempting to match IRS totals or meet other spending metrics.
The goal is to create knowledge about investments in the social economy.
So, what exactly is Block Data 4 Good?
Block Data 4 Good is four things actually.
(1) A publishing platform where nonprofits can elevate and illuminate their work and investments on one common platform to increase impact by creating awareness.
(2) An online community of people and organizations in the social sector interested in building shared knowledge
(3) An easy-to-use donation platform.
(4) A searchable database and data market for the important work done by the social sector and those who invest in that work.
Why is Block Data 4 Good a regular corporation and not a nonprofit organization?
There are compelling reasons for both tax structures. In the end, corp structure ensures three things:
(1) That Block Data 4 Good does not compete with any of the existing nonprofit infrastructure organizations for the limiting funding available for technology infrastructure
(2) That Block Data 4 Good does not compete for nonprofit funding with organizations who choose to publish their data on the platform and use the platform to for fundraising.
(3) That Block Data 4 Good can implement blockchain technology that allows for distributed ownership model based on participation by members who provide and enhance data.
How is Block Data 4 Good different from other nonprofit technology infrastructure groups?
Block Data 4 Good is different from other nonprofit technology groups in three key areas:
(1)Block Data 4 Good is laser focused on providing a publishing platform for the social sector that in the end, enables an open data sharing model that rewards community members for partitipation
(2) Block Data 4 Good is creating a community that values data sharing and transparency, a community that is mission driven for shared knowledge, not mission driven for sector oversight and governance like many other initiatives.
(3) Block Data 4 Good will support data collection efforts that have program specific metrics for data gathering, not comprehensive data sweeps attempting to match IRS totals or meet other spending metrics.