Why Nonprofits Should Care About Synthetic Data

Synthetic data is an emerging technology innovation that has the potential to greatly impact nonprofit organizations by improving their business operations and overall impact on the people they serve. The use cases of synthetic data span across various industries such as healthcare, education, economic development, and more. Nonprofits can leverage synthetic data to address three main challenges: protecting data privacy, collecting and leveraging limited datasets, and sharing data. By using differentially private synthetic data, nonprofits can mitigate privacy risks, expand their dataset for better insights, and collaborate with other organizations safely. This technology has the potential to unlock innovations that were previously seen as too risky or challenging for nonprofits to implement.