What Does it Take to be a Highly Effective Funder? Tips for 2022…
Foundations, United Ways, and other funders play an integral role in the communities they serve. Through the foundation, shared financial resources are aggregated and transformed into critical social programming. In addition to financial support, foundations can provide knowledge, expertise, influence, and tools to help nonprofits identify and solve social issues.
Donors, communities, and stakeholders demand (and deserve) to understand your foundation’s effectiveness and impact. This transparency isn’t just good for the community – it’s good for business too. To keep the funds flowing, you must demonstrate that your dollars are making a difference. If they are not, you should show that you have continuous improvement processes in place.
This eBook will explore five topics your foundation should consider this year in order to be more transparent, increase your effectiveness, and help your community thrive. We will cover:
- Consideration 1: Build an Effectiveness Framework
- Consideration 2: Integrate COVID-19/ Health Emergency Specific Solutions
- Consideration 3: Review Your Funding Processes
- Consideration 4: Improve Measurement Across Funding Streams
- Consideration 5: Strengthen Relationships with Grantees