990 Data Infrastructure Project Releases Brand New Features and Tools Including Curated Data Marts and API Access to Structured Data

 GivingTuesday announced today that they are releasing a full set of tools and assets, supported by Schwab Charitable and in collaboration with the Aspen Institute’s Program on Philanthropy and Social Innovation (PSI), Charity Navigator, CitizenAudit, and Urban Institute, as part of the 990 Data Infrastructure Project. This initiative combines the efforts of nonprofits, scholars, charitable giving data platforms, and many others to more widely share essential information captured on the IRS Form 990.

The IRS Form 990, which nonprofits must file annually, includes data on nonprofit finances and activities, organizational and governance structures, charitable giving levels, and volunteering and employment. Improved access to data contained in these forms will provide a wealth of insights for nonprofit decision-making and research as well as improve transparency. However, nonprofit tax data is notoriously difficult to use due to access, coverage, and reliability issues.

The collaboration aims to save donors and the broader social sector immense time and effort by addressing these obstacles while ensuring free access to the platform. Last November, GivingTuesday published the 990 Data Lake, which holds over 5 million files of indexed and deduplicated 990 tax forms. The Data Lake is regularly updated with new IRS releases collected directly from the IRS site. Using the 990 Data Lake as a foundation, the GivingTuesday Data Commons is releasing additional tools and assets to enable practitioners of different technical levels to access the data, furthering transparency and knowledge sharing in the nonprofit sector:

– Updated Mapper and Parser tools to allow researchers to explore the various levels of data released by the IRS;

– Curated slices of the data, known as Datamarts, which will allow users to download specific extracts of the data, including mission statements, programs, services, officers, directors and grant data;

– And API Access to structured data, which will allow users to easily access and utilize multiple different 990 data sets, including a core set of e-filed fields, the IRS BMF, Pub 78, and the Auto Revocation List.

Updated tools and assets of the 990 Data Infrastructure Project can be accessed here.

“We’re committed to making donors’ giving as easy and efficient as possible as they support their charities of choice,” said Doug Campbell, Managing Director of Strategy, Offer Management, and Analytics at Schwab Charitable. “Creating more transparency and access to nonprofit tax data is a win for donors across the entire sector.”

While the goal of these additional tools and assets is to improve access and facilitate use for immediate research, product team, and practitioner use cases, GivingTuesday is committed to understanding the full breadth of sector needs, so that this initiative adapts to ensure long-term sector issues are addressed sustainably.

“This fundamental sector data is a public utility,” says Woodrow Rosenbaum, Chief Data Officer at GivingTuesday. “This project aims to build a solid foundation of resources to support data-driven decision-making in the nonprofit and social sector – the type of infrastructure that other sectors have benefitted from for years.”

About the GivingTuesday Data Commons
The GivingTuesday Data Commons is a global network that enables data collaboration across the nonprofit sector. The Data Commons convenes specialist working groups, conducts research into giving-related behaviors, reveals trends in generosity and donations, and shares findings among its global community. With more than 100 data partners and 1,500+ collaborators, the Data Commons is the largest philanthropic data collaboration ever built. To learn more, visit www.givingtuesday.org/data-commons.

About Schwab Charitable
Schwab Charitable’s mission is to increase giving in the U.S. with donor-advised funds and philanthropic tools and resources that make charitable giving tax-smart, simple, and efficient. We offer tools, guidance and relationships that empower donors to incorporate charitable planning into their everyday lives and make a bigger difference in the world. Since our founding in 1999 as an independent 501(c)(3) public charity, Schwab Charitable donors have granted more than $33 billion to more than 246,000 charities. Visit SchwabCharitable.org for more information.

Schwab Charitable is the name used for the combined programs and services of Schwab Charitable Fund™, an independent nonprofit organization, which has entered into service agreements with certain affiliates of The Charles Schwab Corporation. Schwab Charitable Fund is recognized as a tax-exempt public charity as described in Sections 501(c)(3), 509(a)(1), and 170(b)(1)(A)(vi) of the Internal Revenue Code.

Shareeza Bhola



  • Business
  • Corporate Social Responsibility
  • Philanthropy & Non-profit

Asia Allied Infrastructure Concludes HK$1.1 Billion 3-Year Term Loan Agreement

Asia Allied Infrastructure Holdings Limited (“Asia Allied Infrastructure”, “AAI”, or “the Group”) (stock code: 00711) is pleased to announce that it has entered into a HK$1.1 billion term loan agreement with 6 banks. Part of the loan will be used to refinance the loan portfolio of the Group, while the rest will be used to support future operations and development. This facility will enhance the Group’s financial flexibility and financing capability, as well as fully reflect the Group’s future business development strength and potential.

The 3-year facility carrying an interest rate of HIBOR+1.65% was arranged by The Hongkong and Shanghai Banking Corporation Limited, Bank of Shanghai (Hong Kong) Limited, China Construction Bank (Asia) Corporation Limited, CMB Wing Lung Bank Limited, Chong Hing Bank Limited and The Bank of East Asia, Limited.

Mr. Dominic Pang, Chairman of Asia Allied Infrastructure, said, “We would like to express our sincere appreciation to the banks for their continual trust and support to AAI, it means a lot to us. The new loan facility shows the banking community’s confidence in the Group’s strong fundamentals and development strategies. Riding on AAI’s long-established strong business foundation, industry experience and healthy financial position, we will continue to capture market opportunities and do our best to enhance shareholders’ value and return.”

Asia Allied Infrastructure Holdings Limited (stock code: 00711.HK)
Asia Allied Infrastructure Holdings Limited (“Asia Allied Infrastructure”) is listed on the Main Board of the Hong Kong Stock Exchange under stock code 00711. The Group operates businesses such as construction engineering and management, property development and assets leasing, security and facility management, tunnel management, non-franchised bus services, as well as medical technology and healthcare. Its subsidiary “Chun Wo” is a renowned construction contractor and property developer in Hong Kong. Chun Wo’s solid construction experience and professional capabilities have enabled the Group to seize suitable development opportunities, allowing the Group to enhance its overall profitability and investment value.

Topic: Press release summary

Sectors: Daily Finance, Daily News, Construct, Engineering


From the Asia Corporate News Network

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Hong Kong – Hong Kong and UK sign MOU on exchanges in infrastructure projects (with photo)

Hong Kong and UK sign MOU on exchanges in infrastructure projects (with photo)


     The Development Bureau (DEVB) of the Hong Kong Special Administrative Region Government and the Infrastructure and Projects Authority (IPA), part of the Cabinet Office and HM Treasury of the United Kingdom (UK) signed a Memorandum of Understanding (MOU) in London today (February 22, London time) with a view to enhancing collaboration in exchanging expertise and experience between Hong Kong and the UK in implementing infrastructure projects.
     The MOU was signed by the Permanent Secretary for Development (Works), Mr Ricky Lau, and the Chief Executive of the IPA, Mr Nick Smallwood.
     Mr Lau said that Hong Kong and the UK recognise the complexity of implementing infrastructure projects and the challenges and opportunities in the delivery of Hong Kong and the UK’s infrastructure programmes. The MOU strengthens the collaboration in raising the productivity, financial and cost management as well as performance of the construction industries in the respective markets, and transforming the process of project delivery through adoption of digital technology and innovative construction methods, as well as enhancing the leadership competency and project delivery capability of project leaders.
     Also attending the signing ceremony were the Head of the Project Strategy and Governance Office of the DEVB, Mr John Kwong, and the Director of Function, Profession and Standards of the IPA, Ms Karina Singh.

Infrastructure Finance Secretariat, DEA organises workshop to sensitise empaneled Transaction Advisers (TAs) for Public Private Partnership (PPP) Projects

The Infrastructure Finance Secretariat in the Department of Economic Affairs (DEA), Ministry of Finance today organised a workshop to sensitize the empaneled transaction advisers for PPP projects which was attended by representatives of 12 empaneled Transaction Advisers (TAs) for Public Private Partnership (PPP) Projects.

The empanelment of TAs aims to provide quality advisory support to Project Sponsoring Authorities (PSAs) in transaction of PPP projects. The empanelment will help to make the process of appointment of transaction advisors/consultant seamless and efficient.

During the workshop, the Transaction Advisers were sensitized with the manual developed by the DEA for the use of the panel which is a step by step guide that can be referred by the PSAs to on-board a transaction adviser for structuring their PPP projects. The manual details out the steps for establishing project requirements; defining objectives of the assignment, developing terms of reference for the assignment, defining eligibility criteria, identifying key personnel for executing the project, publishing RfP etc. The PSAs can use the pre-defined templates and criteria’s for selecting the TAs or can tweak the same as per the requirement specific to the project.  

The Transaction Advisers were also sensitized regarding DEA schemes for financial support to PPPs which inter alia include Viability Gap Funding (VGF) Scheme to support economically justified but commercially unviable projects, and the India Infrastructure Project Development Fund (IIPDF) to fund PPP project development expenses including costs of engaging TAs. Further, TAs were also informed about PPP project appraisal mechanisms at the DEA.

The TAs were sensitized about their support required in areas of awareness creation of DEA schemes, providing desired levels of handholding support in document preparation, data sharing and other interventions required to bridge the gap between the stakeholders involved in PPP projects.



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Blockchain & Infrastructure Post-Event Release

In August of 2021, the US Senate approved a $1 Trillion Infrastructure Bill, as part of the $3.5 Trillion Budget Bill. Language in this bill suggested that $28 Billion in funding would come from enforcing tax-reporting requirements on cryptocurrency brokers. In response, the Government Blockchain Association (GBA) (www.gbaglobal.org) partnered with a coalition of blockchain associations to present Blockchain & Infrastructure (https://bit.ly/3nsa1GP), a two-day hybrid event coupling an educational seminar with a networking reception.
Aimed at educating government policymakers, Blockchain & Infrastructure addressed the impact of cryptocurrency adoption on government, along with other financial trends that are outpacing regulatory understanding. Renowned leaders in the blockchain and cryptocurrency space, such as Dr. Scott Stornetta, one of the founders of blockchain technology, and Charles Hoskinson, the Founder of Cardano and one of the original creators of Ethereum, brought their insights to the current landscape.

Streamed to over 11,000 individual IP addresses, Blockchain & Infrastructure aimed at educating governments on this movement, and those who wished to learn tuned in.

The live event, stepping into the remains of a COVID world, was attended by over 200 guests, braving pandemic uncertainties. Culminating in an evening reception at the Whittemore House, Ambassadors, a crypto billionaire, blockchain leaders, and government policymakers continued their discussions. In this beautiful and historic mansion, deals were made, affecting the trajectory and infrastructure of the blockchain future.

As blockchain technology continues to impact all systems, the Government Blockchain Association (GBA), will provide high content events to help the public and private sectors connect, communicate, and collaborate. Join the GBA community in January 2022 for The Future of Money, Governance, & the Law; live in Washington DC (https://bit.ly/3Gh7OXu), and streamed globally.

Topic: Press release summary