There is no boiler plate method of measuring the performance of your philanthropic investments, however we can identify a philanthropic strategy to ensure that your success is aligned with the organization that you are making contributions to.
The first thing you should ask is what do I need to know about the organization that I am contributing to. It is essential that your success is in line with the organization’s goals. The following questions should be considered:
1) What information do we need to ensure that we are making the best decisions?
2) Identify the parameters that will provide you with an indication of success.
3) Make sure that the organization that you are contributing to can provide you with the information that you need to measure their success.
It is essential that you establish an honest and high integrity relationship with the grantee and that you create a collaborative relationship with them.
By measuring the results of your philanthropic contributions, it should help your decision making and help the organization to reach their goals as well.
For more information on how to establish a plan to measure your philanthropic contributions, please contact: Michael F. Rosenblatt, President of FON Search and The Quest Organization at 212-971-0033 or via email at michael.rosenblatt@questorg.com
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