Why You Need a DUNS Number

What is a DUNS number?
 
The Data Universal Numbering System, or DUNS, is an online database run by the company Dun & Bradstreet. It maintains up-to-date information on more than 300 million universally recognized businesses, which it identifies using unique nine-digit codes known as DUNS numbers. These numbers are a requirement for the great majority of grant applications. So, if your financial plans as a nonprofit include seeking grants or any other kind of financial support, you’re going to need one sooner rather than later. 
 
How is a DUNS score used? 
Like a credit score, your DUNS number will often be referenced by lenders and potential business partners to help predict the reliability and financial stability of your organization. Using this number, grant providers can request and gain access to your Dun & Bradstreet credit file, which might include firmographic data, corporate family relationships, scores, ratings, and various other...
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