Grantmaking Foundations and Performance Measurement: Playing Pool?

Social Impact Measurement and Non-profit Organisations: Compliance, Resistance, and Promotion

“…This pattern of asymmetric power relations is becoming more prevalent across the world as grant making and philanthropy is moving from a previous position of a 'fund it and forget it' approach (Leat, 2006) to a view that sees funding as an investment that requires understanding of 'value for money' (Ostrander, 2007). In many cases organisations are under contractual obligations to report achievements to grant or contract providers.…”

Performance of impact investing: A value creation approach

“…multidimensional enterprises. We want to propose a measure that could guide investment decision, so that the investors could estimate which target is the most appropriate in terms of return and impact (Leat, 2006;Daly, 2011). According to Mulgan (2010), three roles of measures of value creation can be identified: accounting to external stakeholders, managing internal operation and assessing social impact.…”

Philanthropic Foundations, Public Good and Public Policy

“…5. The future of voluntary organisations and the environments in which they work will be a continuation of present trends (Leat 2006 ).…”

“…If foundations are to measure their performance in producing sustainable social benefi ts they have to, in effect, show that this grant produced (or, more modestly, contributed to) this benefi t/outcome. Put very simply, grant-making works with a theory of production of benefi t that in effect says: when grant A 'hits' organisation B then, if the correct processes have been conducted, B will produce benefi t C (Leat 2006).…”