“Stop the Worship and Measure the Impact” by Abby Callard
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Another great post from Abby Callard, this week she brings us back to earth and reminds us not to get caught up in the “superficial” side of philanthropy. People tend to worship and glorify philanthropists. Callard calls it “focusing on the individual instead of the issue.” It’s important to remember what the issue is and not just focus on who is doing the work, and the impact at the end of the day is what counts. There are several ways of measuring social impact, some highlights from 2010 include: The Impact Reporting and Investment Standards, the Global Impact Investing Rating System, and the Progress Out of Poverty Index.
“Well Meaning… Well Doing” by Paul Hudnut
Paul Hudnut at BOPreneur discusses the difference between “well meaning” and “well doing.” It’s easy to be well meaning, however “it is important to not confuse intention with impact.” Hudnut remarks that the well do-ers are easy to identify by their will to impact, help, and, most importantly, learn from others.
“Private Money, Public Benefit” by Margaret
There has been some buzz this week about social-impact bonds. Modeled from a similar program in the UK, the government finds investors to provide capital for privately managed non-profit social programs. If they’re successful, the government will pay the investors. Basically, tax dollars won’t be wasted on unsuccessful programs. If Congress approves, non-profit impact investing is going to go to new levels here in the US.
“Rockefeller Foundation Sees Social-Change Dividend” by Shelly Banjo
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