Summary: <p>Two of the two largest data and information nonprofit organizations in the United States <a href="https://www.thenonprofittimes.com/news-articles/foundation-center-guidestar-merge-creating-mega-data-portal/">announced a merger on Feb. 1</a>. The <a href="https://foundationcenter.org/" target="_blank" rel="noreferrer noopener">Foundation Center</a> and <a href="https://www.guidestar.org/Home.aspx" target="_blank" rel="noreferrer noopener">GuideStar</a> will become Candid after almost two years of discussions on a merger that has its origins at least a decade in the making.</p> <p><a href="https://foundationcenter.org/about-us/staff-leaders#modal" target="_blank" rel="noreferrer noopener">Brad Smith, president of the Foundation Center</a>, will be president of Candid, and <a href="https://learn.guidestar.org/about-us/management-team" target="_blank" rel="noreferrer noopener">Jacob Harold, president of GuideStar</a>, will be executive vice president. The two joined the Fresh Research podcast for the inside story of why the timing was right for a merger, what to expect over the next few years, and what they’ve learned in the process.</p> <p>The Foundation Center was launched in 1957 and <a href="https://learn.guidestar.org/about-us/history" target="_blank" rel="noreferrer noopener">GuideStar in 1996</a>. The organizations’ combined revenue in Fiscal Year 2017 was $36.5 million with the projection to be roughly $38 million for Fiscal Year 2019. There are no layoffs expected among the combined 210 employees.</p> <div class="wp-block-image"></div>
