April 01, 2010
via McKinsey & Company
This research was published more than 5 years ago, some information may be out of date.
In early 2009, McKinsey & Company launched a project to identify best practices for social impact assessment. Thirteen leading foundations acted as partners, sharing their time and experience. The GIIN's Impact Reporting and Investment Standards (IRIS) initiative is mentioned in this report.
From report:
"This paper is intended primarily for leaders of grantmaking foundations. We believe it will also be useful for heads of other institutions, including government funders, multi-stakeholder partnerships and large nongovernmental organizations (NGOs). Our goal is to equip these leaders with a framework for thinking about impact assessment and helping their organizations adopt proven best practices."