What is High Impact Philanthropy?
"The noblest question in the world is what good may I do in it?" Benjamin Franklin, Founder of the University of Pennsylvania, Poor Richard's Almanac, 1737
Linking Considerations of Cost and Social Impact
What change is reasonable to expect, and at what cost?
Making the link between cost and impact is critical to the concept of high impact philanthropy. It allows donors to assess where they can do the most good with the dollars they have.
To help philanthropists understand this link, we provide cost-per-impact estimates for several of the models in our investment guides. Many are “back-of-the-envelope” figures based on currently available information. Others are derived from more rigorous cost-benefit or cost-effectiveness studies. In all cases, they involve an empirical definition of success and the costs associated with achieving that success. They are intended to provide a starting point from which a philanthropist can evaluate an opportunity.
How we calculated cost per impact in malaria
How we calculated cost per impact in education
Tools and Resources for Assessing Social Impact (TRASI) (An Online Resource of the Foundation Center)
Measuring the Value of Corporate Philanthropy: Social impact, business benefits, and investor returns (Report by Terence Lim for the Committee Encouraging Corporate Philanthropy)
Measuring and/or Estimating Social Value Creation: Insights into Eight Integrated Cost Approaches (Report by Melinda T. Tuan for the Bill & Melinda Gates Foundation)
SHARE THIS
RELATED LINKS
- (Video) Givology 101: The Study of Effective Philanthropic Giving
- Shifting Towards Impact: The metrics conversation continues…
- Learning About High Impact Philanthropy: From Public Education to Donor Education
- I’m Not Rockefeller: 33 High Net Worth Philanthropists Discuss Their Approach to Giving
- Videos of Kat Rosqueta on BigThink
- What is High Impact Philanthropy? (April 2007)
- High Impact Philanthropy: How Donors, Boards, and Nonprofit Organizations Can Transform Communities
