How can we effectively measure the impact of our philanthropic efforts?
An example of an AI chatbot conversation about measuring philanthropic impact.
How can we effectively measure the impact of our philanthropic efforts?
Measuring philanthropic impact involves assessing both quantitative and qualitative outcomes. What specific areas are you focusing on?
We're mainly interested in education and community development.
Great! For education, you could track metrics like graduation rates or literacy levels. For community development, consider surveys on community satisfaction or economic growth indicators.
What tools or frameworks can help us with this measurement?
You might explore frameworks like the Logic Model or the Theory of Change. Tools like social return on investment (SROI) calculators can also be useful.
How often should we evaluate our impact?
Regular evaluations, such as annually or biannually, can help you stay on track and adjust your strategies as needed.
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