Posts Tagged ‘effective philanthropy’

The interests and goals of independent donors and corporations can be slightly different, but both share a need to evaluate their gifts. How can donors know if their donation is paying off with effective results?

A new report by Terence Lim Ph.D., “Measuring the Value of Corporate Philanthropy,” suggests ways for corporations to make meaningful measurements on their philanthropic investments:

“Corporate philanthropy is as vital as ever to business and society, but it faces steep pressures to demonstrate that it is also cost-effective and aligned with corporate needs. Indeed, many corporate giving professionals cite measurement as their primary measurement challenge. The industry critically needs to assess current practices and measurement trends, clarify the demands practitioners face for impact evidence, and identify the most promising steps forward. This research report aims to meet that need, by presenting the corporate philanthropy community with an analysis of current measurement studies, models, and evidence drawn from complimentary business disciplines as well as from the social sector.”

Private donors should have the same concerns. When making a charitable contribution, donors become investors in a project they believe in, and must be confident that their investment is producing measurable results.

A full versions of Dr. Lim’s report is available here.

The Jack Miller Center has always been committed to providing full transparency to all of our Donor Partners and fulfilling donor intentions.