Wednesday, May 02, 2012

Creating a Culture of Data-Driven Philanthropy

Creating a Culture of Data-Driven Philanthropy: How do we as a nonprofit sector decide which nonprofits are doing a good job and which aren’t, and how do we communicate that to current and potential supporters? Watch dog groups often rely on spending and growth data for their analysis, but as Anjali Deshmukh asks, “If an organization could prove to you that they could eradicate homelessness, would you care as much about what they spent on salaries and staplers?” This guest post and Anjali’s organization, Nonprofit Finance Fund, may have you re-thinking what the term “bottom line” means for your nonprofit, and therefore how you communicate your effectiveness to your supporters. ~ Kivi

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