Nyu presentation 3 1-13 - final
- 1. Your Guide Where the to Heart Intelligent Meets the Giving Mind
- 2. The Data Proves Impact 4.5 million distinct 7000000 visitors (6.4 million hits) in 2012 6000000 92% say evaluations 5000000 affected their decision to support 4000000 individual public 3000000 charities CN ratings 2000000 influence decisions on billions in 1000000 donations annually 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
- 3. The Nonprofit Sector Problem* “… there is virtually no credible evidence that most nonprofit organizations actually produce any social value.” *“The End of Charity” by David Hunter – Philadelphia Social Innovations Journal
- 4. WHY IS THERE A LACK OF RESULTS REPORTING? • A Fear of Fallout from Potential Criticism • It’s All About the Work • Performance Measures are Reductionistic • Lack of Resources • Bored Boards • Donor Indifference • The Growth Motive • Inadequate Monitoring (Internal & External)
- 5. OUR DEFINITIONS OF ACCOUNTABILITY & TRANSPARENCY (per Prof. Brackman Reiser) ACCOUNTABILITY - is an obligation or willingness by a charity to explain its actions to its stakeholders. 1) FINANCIAL - to safeguard and manage the charities financial resources. 2) ORGANIZATIONAL – to consistently follow rules of governance and operational process. 3) MISSION – to set goals and then measure and manage performance to assure the charity is achieving meaningful results. TRANSPARENCY - an obligation or willingness by a charity to publish and make available critical 5 accountability data about the organization.
- 6. FROM ACCOUNTABILITY IN ONE DIMENSION TO THREE AND BEYOND CN 1.0 CN 2.0 CN 3.0 2002 - 2011 - 2013 - Financial Organizational Mission Financial Accountability Results A scalable, in Health (Governance) Reporting depth, multi- & dimensional Transparency charity rating system. THE FUTURE (CN 4.0?): OUTCOME MEASUREMENT
- 7. PART 2 Why do you think this is the most important issue in the non-profit sector today? 7
- 8. THE DONOR PROBLEM 0% 20% 40% 60% 80% 100% Org's Effectiveness 90% How the Org will Use my Donation 87% Quality of Leadership 78% Percent of Costs to Overhead 76% Ease of Donation 62% Not Being Asked for Money Too Often 59% Ability to Direct Donation's Use 46% Regular Progress Reports 41% Endorsements by Person I Trust 34% Prompt and Sincere Thank You 31% Ability to Get Involved 30% Org Approach - Novel / Innovative 28% Contact with the End Beneficiaries 24% * Based on the Money for Good donor research of Hope Consulting 8
- 9. WHY IT IS SO IMPORTANT FOR DONORS? Because donors will have access to much more robust information than ever before about each charity’s ability to bring about long lasting and meaningful change in the world. 9
- 10. The Nonprofit Sector Problem* “… there is virtually no credible evidence that most nonprofit organizations actually produce any social value.” *“The End of Charity” by David Hunter – Philadelphia Social Innovations Journal
- 11. WHY IT IS SO IMPORTANT FOR CHARITIES? Because many more charities will become focused on measuring and managing their performance. 11
- 12. THE BENEFICIARY PROBLEM 12
- 13. WHY IT IS SO IMPORTANT FOR BENEFICIARIES? Ultimately we believe this will lead to a significant and measurable improvement in human welfare and acceleration in solutions to our world’s most persistent problems. 13
- 14. THE PROBLEM SOLVED (The Nonprofit Marketplace Hewlett Foundation, 2008)
- 15. HOW WE ARE HELPING SOLVE THE PROBLEM