How can we measure the impact of grants effectively?
An example of an AI chatbot conversation about measuring the impact of grants.
How can we measure the impact of grants effectively?
Measuring the impact of grants involves setting clear objectives, collecting data, and analyzing outcomes. What specific aspects are you interested in?
I'm particularly interested in social impact and community development.
For social impact, consider using surveys, interviews, and case studies to gather qualitative data. For community development, track metrics like employment rates and access to services.
What tools or frameworks can help with this measurement?
Tools like Logic Models, Theory of Change, and various data analytics software can help structure your evaluation process.
Can you give examples of successful grant impact measurements?
Sure! For instance, the Gates Foundation uses a combination of quantitative metrics and qualitative stories to assess their grants' impact on health and education.
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