Candid
Gold Seal of Transparency
Candid is a nonprofit that provides information on other nonprofits. It signifies that a nonprofit has demonstrated a high level of transparency by sharing detailed information about its operations, including financial data, leadership, and programs. This seal is a way for nonprofits to showcase their commitment to openness and accountability to donors and funders.
Structure
Demonstrates transparency & signifies accountability:
The Gold Seal signals to donors and funders that the nonprofit is open and transparent about its operations, goals, and financial health.
Earning the Gold Seal demonstrates that the organization is committed to being a good steward of donor funds and adheres to best practices in nonprofit governance and financial management.
Purpose
Builds trust & increases visibility:
By providing detailed information, the Gold Seal helps build trust and confidence with potential donors and supporters.
The Gold Seal also increases a nonprofit’s visibility on the Candid platform, making it easier for donors to find and evaluate them.
Transparency
Requires disclosure & goes beyond bronze and silver:
To earn the Gold Seal, a nonprofit must provide information about its financials, leadership, and programs, including an audited financial statement, recent year’s financials, and leadership demographics.
The Gold Seal builds upon the Bronze and Silver Seals of Transparency, requiring more in-depth disclosure.
