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"Strategy is no guarantee of impact.
But without it you are almost guaranteed to have no impact.”
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Paul Brest, William and Flora Hewlitt Foundation.
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It is a truism in the field of philanthropy that it is difficult to give away money effectively. The first step toward effective grant making is for a foundation to formulate clear and unambiguous goals for its grant making activity. Second, the foundation must have a well developed strategy for attaining those goals.*
Impact Strategies can assist private, community, and corporate foundations to establish effective grant making programs by:
- Developing an organizational logic model to clarify grant-making goals
- Formulating a concise strategy for accomplishing the goals
- Developing an evaluation plan to monitor your progress
*Unambiguous goals” and “fully developed strategies” are the criteria identified by Mark Kramer as necessary for meaningful evaluation of foundation work.
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