Governance nonprofit receives grant to improve government accountability research
November 05, 2009
Nonprofit organizations are not the only ones responsible for accountability and transparency - government transparency is a crucial issue for those involved with government activities worldwide.
In pursuit of this goal, Global Integrity - a nonprofit that tracks global governance trends - has received a $2.4 million grant from philanthropic investment firm Omyidar Networks to develop an online global fieldwork platform and to launch a new research service for the investment community.
The online tool can be added to the existing government accounting software
options that allow government agencies and related organizations to increase their transparency and responsible financial management.
"Global Integrity's anti-corruption efforts ignite positive social change for millions of citizens worldwide," said Stacy Donohue, director of Omidyar Network. "Omidyar Network shares Global Integrity's passion for driving government accountability through information transparency. We hope our grant will signal the importance of their work."
Accountability - for government organizations and nonprofits alike - is more than a matter of regulation; experts say that the use of fund accounting software
to improve transparency and financial management can actually encourage more donations and investments.