What does being a Member mean? I see it lots of places.
If you're in this group, your foundation has probably already joined the GuideStar Membership Program. But we use "member" a lot - you might see in on GuideStar.org or here in the community. Members here in the GuideStar Membership Program are a little different.
A GuideStar Member is different from a subscriber to one (or more) of GuideStar’s products or services. If you are a subscriber to one ofGuideStar’s research or analytical tools, you are purchasing a subscription. Many foundations consider the purchase of a subscription to be anadministrative expense.
By becoming a Member, your organization is demonstrating a commitment to strengthening the nonprofit sector and joining with others whoshare this same commitment. Benefits, including access to GuideStar’s products, vary by Membership level. Each foundation has the flexibility to determine the level that best meets your organizational needs. The portion of your Membership above the fair market value of benefits received is tax deductible.
A GuideStar Member is also distinct from having an organizational profile on the GuideStar Exchange. By updating your organization’s profile on the GuideStar Exchange, you are expanding upon the data drawn from the IRS Form 990 and sharing in-depth information about your programs, finances, governance, impact and outcomes with GuideStar’s vast audience. A profile on the GuideStar Exchange displays your organization’s commitment to transparency and thorough self-reporting. Joining the GuideStar Membership Program allows foundations todemonstrate that commitment further.
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