How do you know a good charity?
Posted December 22, 2008 5:34 PM by Ted Jackson
The Wall Street Journal's Carl Bailik wrote a good article in the December 19, 2008 paper about the value of rating charities. He says that most individual donors do not have the time to fully research all of their charitable donations. Most people spend much less time researching their donations than researching their stock picks (clearly, being in the WSJ, this is targeting a certain audience). But donors still want to make sure their contributions are going to good causes, and not just going to pay for overhead or fundraising expenses.
Focus on Drivers - Achieve Results
Posted December 2, 2008 11:42 AM by Ted Jackson
One of the most notable current trends in the nonprofit arena is for donors to look for a "return on investment" for their charitable giving. They want to know that their donation to one organization will yield social impact. More than that, they want to know that your organization will yield a greater impact than another cause to which they could donate.
This is a positive trend for sensible- dare I say- strategic charitable giving. However, the outcome results or impact measures are not the indicators that leaders of nonprofits should be managing. Rather, leaders need to focus on the underlying cause and effect linkages that drive impact.