Data Philanthropy: Unlocking the Power of Private Data for Public Good

Data Philanthropy: Unlocking the Power of Private Data for Public Good

The new and evolving field of data philanthropy — sharing private data assets to advance the public good — can help a company demonstrate good citizenship, provide greater insight into social issues that require multi-sectoral solutions, and/or help spark innovation and mitigate business risk while allowing policy makers, practitioners, and researchers to access more granular and current data at lower cost, a report from the Urban Institute finds. The report, Data Philanthropy: Unlocking the Power of Private Data for Public Good (50 pages, PDF), outlines the spectrum of data philanthropy pathways, from those with the most restrictive access to data to those with the most open, and examines how to choose the most appropriate. The report also highlights two use cases from the Urban Institute's partnership with the Mastercard Center for Inclusive Growth that helped inform key policy issues related to charitable giving by individuals and inclusive and equitable neighborhood redevelopment in U.S. cities.