How Can You Better Support Your Grantees?

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How Can You Better Support Your Grantees?

Based on a recent report, The Center for Effective Philanthropy found that while 97% of nonprofits are required to report on performance, 64% don't receive enough support from foundations.

Based on a recent report, The Center for Effective Philanthropy found that while 97% of nonprofits are required to report on performance, 64% don't receive enough support from foundations.

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2/3 #nonprofits say they need more support from #foundations. How can you better support #grantees? http://3bl.me/hcnv8e via @Versaic
Tuesday, May 12, 2015 - 9:00am

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Originally posted on the Versaic blog.

By: Burt Cummings, CEO, Versaic

I recently read an article about a report released by the Center for Effective Philanthropy. Out of 138 nonprofits surveyed, nearly two-thirds indicated that they don’t receive enough support from their funders – the foundations and grantmakers – on how to use data to measure and improve their programs.

This was a surprising statistic to me. As we heard from companies and foundations at conferences like ACCP and GMN, and as our partner The Rensselaerville Institute (TRI) has said, “It’s critical to set your grant partners up for success” by educating, communicating and helping them track their progress to help them meet milestones. But clearly, many nonprofit partners out there are feeling that they don’t have the right support to turn data insights into real action within their programs. This means that ultimately, the foundations and grantmakers aren’t achieving their full potential impact because, as Wendy Watson-Hallowell of TRI says, the “grantee’s results ARE the foundation’s results.”

So how can funders better support their grantees and partners with data – to improve impact for both of them?

Click here to continue reading about how you can better support your grant partners.

Keywords: Research, Reports & Publications | Grantee | Grantmaking | Innovation & Technology | Philanthropy & Cause Initiatives | Research, Reports & Publications | Responsible Business & Employee Engagement | Social Change | Social Impact & Volunteering | Sustainable Finance & Socially Responsible Investment | Versaic

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