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Data Foundation

From EverybodyWiki Bios & Wiki



The Data Foundation is a 501(c)(3) nonprofit, nonpartisan research organization that seeks to improve government data standards through research, education, and programming. The organization was founded in 2016 with the mission of creating a more open and efficient society by encouraging new ways of collecting, sharing and reporting data. The Data Foundation works in alliance with its sister organization, the Data Coalition.

Organization[edit]

History[edit]

The Data Foundation was founded January 2016 by Hudson Hollister as a nonprofit research organization..[1][2] Mr. Hollister has served as the interim president and president from 2016 to present.[1] The Data Foundation works alongside its sister organization the Data Coalition (formerly Data Transparency Coalition) to develop research about data standards and open data.[3] The Data Foundation is governed by a Board of Directors.

Funding[edit]

The Data Foundation, a 501(c)(3) is supported by charitable contributions and through research. Supporters of the Data Foundation include Bloomberg, Booz Allen Hamilton, Grant Thornton, and Workiva.[4]

Research Areas[edit]

Grant Innovation Fellowship[edit]

The Data Foundation began the Grant Innovation Fellowship in 2017 with support of Workiva, StreamLink, and MorganFranklin Consulting. The Grant Innovation Fellowship seeks to educate grantor agencies and grantee entities on the need for a common, standardized data structure for grant reporting. The research has resulted in papers explaining how standardization could transform federal grant reporting from documents to data.[5][6][7]

Research on Standardized Federal Grant Reporting[edit]

The Data Foundation has published multiple reports focused on the transformation of federal grant reporting from form-based to data-centric and standardized formatting.[8][5][6][7]

In May 2017, the Data Foundation published “Managing Grants in a Time of Transformation: Purpose-Built Solutions, or CRM?”[5], which examined policies such as the Digital Accountability and Transparency Act (DATA Act), the Uniform Grant Guidance (UGG), and the OPEN Government Data Act[9]; and interviews from stakeholders within the grant recipient community.

In December 2017, the Data Foundation published “Transforming Federal Grant Reporting: Open the Data, Reduce Compliance Costs, and Deliver Transparency.”[10] In this report, the Data Foundation describes the flaws with the federal government’s current document-based grant reporting system and envisions an open data future for the way grants are tracked and managed.[11]

The Data Foundation published “Transforming Federal Grant Reporting; Current Challenge, Future Vision” in June 2018[6]. Drawing from interviews and research, this report outlines the current technical and cultural challenges facing grant management communities in the context of data quality improvements in the federal government, and presents potential solutions. [12][13][14]

Open Data for Business and Financial Reporting[edit]

The Data Foundation has published several reports to explain how standardized, open data can improve the process of business and financial reporting[15][16]. Co-published by the Data Foundation and PwC in March 2017, “Standard Business Reporting: Open Data to Cut Compliance Costs” explains how Standard Business Reporting (SBR) reduces costs for both companies and agencies.[17][18][19]

A related report, published in September 2017, investigated the Securities Exchange Commission's initial move toward open data, critiques the agency's failure to fully transform corporate financial reporting from documents into data, and recommends a new pathway to fulfill the promise of open data for U.S. public companies, investors, and the capital markets.[20]

State of the Union of Open Data[edit]

The Data Foundation has co-published two reports with Grant Thornton addressing the State of the Union of Open Data[21][22]. The First Edition, published in November 2016, compiled the views of the government and technology leaders who participated in Data Transparency 2016 (DT2016)[22], the nation’s largest open data conference.[23][24][25][26]

The Second Edition, published in February 2018, combined the perspectives of government industry leaders on the private sector’s transition to open data.[22]

Legal Entity Identifiers[edit]

The Data Foundation and LexisNexis® Risk Solutions co-authored a report, “Who is Who and What is What? The Need for a Universal Entity Identifier”, in September 2017[27]. The report outlines the need for the U.S. government to adopt a universal method of entity identification in order to verify companies, nonprofits, and other organizations using a common unique identifier. [28][29][30] The proposed solution to this is the Legal Entity Identifier, a standard, non-proprietary, verified identification code that is managed by a global, federated system.[31]

DATA Act[edit]

In May 2017, the Data Foundation published “DATA Act 2022: Changing Technology, Changing Culture”.[32] The report describes how the Digital Accountability and Transparency Act (DATA Act) of 2014 (PL No. 113-101), the nation’s first open data law, is set to evolve beyond the law’s statutory implementation deadline of November 2021.[33][34][35][36] The report also describes the law’s history and mandates, surveys its benefits, and outlines the challenges it faces.[37][38][39][40]

Events[edit]

Data Transparency 2016[edit]

Data Transparency 2016 was held on September 28th, 2016.[22] The event was the fourth annual open data policy conference. Three prior Data Transparency conferences were held by the Data Foundation’s sister organization, the Data Coalition (previously the Data Transparency Coalition).[41] The event brought together government leaders with members of technology companies to discuss open data in regulation and management.[42][43] The White House Open Data Innovation Summit was a program of the conference that discussed the Obama Administration's work with using open data to make government more efficient and effective, improve lives, and to promote innovation, job growth, and economic opportunities.[44][45]

Data Transparency 2017[edit]

Data Transparency 2017 was held on September 26th, 2017. The event was the fifth annual open data policy conference held by the Data Foundation and was presented by Workiva.[46]

The event brought together government officials and technology companies of the private sector to discuss adopting standardized and open data formats to improve data transparency, improve analytics, and reduce costs. [47] The event was divided into three major programs of that discussed data standardization and open data with government data, data compliance in general, and private-sector data.

Data Transparency 2018[edit]

Data Transparency 2018 will be held on October 10th, 2018, in Washington, D.C.

Education[edit]

DATA Act Training[edit]

The Data Foundation has hosted three DATA Act Training events. The DATA Act Training events have been held in May 2016[48], September 2016[49], and June 2017[50]

See Also[edit]

External Links[edit]

References[edit]

  1. 1.0 1.1 “Data Coalition Launches Sister Organization to Promote #opendata - Technical.Ly DC.” [1]
  2. “Data Coalition Rebrands, Opens New Research Center.” Data Foundation. [2]
  3. “Data Coalition Shortens Name, Launches Research Foundation.” Data Foundation. [3]
  4. “Data Foundation Announces New Support from Bloomberg, Global LEI Foundation, and REI Systems.” Data Foundation. [4]
  5. 5.0 5.1 5.2 [5] “Managing Grants in a Time of Transformation.” Data Foundation.
  6. 6.0 6.1 6.2 [6] “Transforming Federal Grant Reporting — Data Foundation.”
  7. 7.0 7.1 [7]“Transforming Federal Grant Reporting 2017.” Data Foundation.
  8. [8] “Benefits of Modernizing Federal Grant Reporting.” Data Foundation.
  9. [9] "OPEN Government Data Act." Data Coalition.
  10. “Transforming Federal Grant Reporting 2017.” Data Foundation. [10]
  11. “New Report Presents Opportunity to Fix Federal Grant Reporting — Data Foundation.” [11]
  12. “New Report Illuminates the Benefits to Modernizing Federal Grant Reporting.” Data Foundation. [12]
  13. “Streamlined Grant Reporting May Be Coming Soon.” Data Foundation. [13]
  14. “Hollister & Landefeld: OMB Creating Governmentwide Data Structure for Tracking Grant Spending.” Data Foundation. [14]
  15. “Open Data for Financial Reporting.” Data Foundation. [15]
  16. “Standard Business Reporting 2017.” Data Foundation. [16]
  17. “Report: How Governments Could Benefit by Coordinating the Data Structure They Use.” Data Foundation. [17]
  18. “Standard Business Reporting - Compliance in Zero Clicks.” Data Foundation. [18]
  19. “Switch to Open Data Could Save Companies $10B Annually.” Data Foundation. [19]
  20. “HHS Pilot Could Change the Way Government Reports on Grants Spending - Fedscoop.” [20]
  21. “The State of the Union of Open Data.” Data Foundation. [21]
  22. 22.0 22.1 22.2 22.3 “The State of the Union of Open Data, 2016.” Data Foundation. [22]
  23. “Report: Open Data’s Positives Are Still in Their Infancy.” Federal Times, July 22, 2017. [https://www.federaltimes.com/it-networks/cloud/2016/11/02/report-open-data-s-positives-are-still-in-their-infancy/
  24. Gunter, By Chase, and 2016 Nov 02. “Why Government Open-Data Practices Are Low-Tech -.” FCW. [23]
  25. “State of the Union of Open Data 2016: Despite Steady Gains, Challenges Remain.” Data Foundation. [24]
  26. “The Progress and Pitfalls of Government’s Open Data Efforts.” Nextgov.com. [25]
  27. “Legal Entity Identifier Report — Data Foundation.” [26]
  28. Bur, Jessie. “GSA RFI Could Topple DUNS Monopoly.” Federal Times, October 25, 2017. [27]
  29. “New Report: U.S. Government Should Track All Companies with One Nonproprietary Unique Identifier.” Data Foundation.[28]
  30. “Treasury Mulls Open Identifier System -- FCW.” [29]
  31. “Data Foundation Announces New Support from Bloomberg, Global LEI Foundation, and REI Systems.” Data Foundation. [30]
  32. “The DATA Act: Vision & Value.” Data Foundation. [31]
  33. “4 Possible Agency Responses to the DATA Act.” Nextgov.com. [32]
  34. “DATA Act 2022: Changing Technology, Changing Culture.” Data Foundation. [33]
  35. “DATA Act Charts Tangible Path Forward.” Data Foundation. [34]
  36. “New Report Shows a Promising Future for DATA Act Beyond Final Implementation Deadline.” Data Foundation. [35]
  37. “DATA Act’s Standardized Federal Spending Reports More ‘boon’ than ‘Boondoggle’ for Agencies.” [36]
  38. Leonard, By Matt, and 2016 Nov 02. “More Standardization Needed in Open Data -.” GCN. Accessed July 20, 2018. [37]
  39. “New Paper Champions the Potential of the DATA Act.” Data Foundation. [38]
  40. “The Power of the DATA Act Begins to Emerge.” Data Foundation. [39]
  41. “White House Open Data Innovation Summit: Open Data’s Full Potential Is Just Being Realized.” [40]
  42. Cordell, Carten. “Federal Leaders Tout Possibilities at Data Transparency Summit.” Federal Times. [41]
  43. “Open Data Movement Needs Standardization — Experts.” Fedscoop (blog), November 4, 2016. [42]
  44. “Open Data’s Journey through an Administration - Fedscoop.” [43]
  45. “State of the Union of Open Data 2016: Despite Steady Gains, Challenges Remain.” Data Foundation. [44]
  46. [45] Data Transparency 2017, Data Foundation.
  47. “Liddell, Graves Tout Open Data Standards in Drive for Efficiency.” Data Foundation. [46]
  48. [47] DATA Act Training, June 2016. Data Foundation.
  49. [48] DATA Act Training, September 2016. Data Foundation.
  50. [49] DATA Act Training, June 2017. Data Foundation.

Data Foundation[edit]


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