Bigger Bangs for Charitable Bucks (Pennsylvania Gazette)
It’s an enviable problem, but a problem nonetheless: how can you give money to a charity with some assurance that its impact will be both significant and measurable?
A few years ago, a group of Wharton alumni, frustrated by the difficulty of measuring and maximizing the impact of their philanthropic efforts, were looking for a solution. Their frustration gave birth to the Center for High Impact Philanthropy (CHIP), based in the School for Social Policy and Practice (SP2).
CHIP’s stated goal is to “increase the effectiveness of the philanthropic marketplace so that capital flows to where it can achieve the greatest social impact.” Read the full story at the Pennsylvania Gazette website here: http://www.upenn.edu/gazette/0310/gaz02.html