"Foundation leaders are increasingly concerned with understanding and assessing the overall performance of their foundations, convinced that better performance assessment will lead to greater effectiveness and, in turn, to more social impact on the people and issues they affect.

Because it is so difficult and costly for foundations to directly measure the social benefit of the myriad grants they make, foundations are beginning to experiment with indirect indicators. These may not provide definitive proof of social impact, but serve as useful guidance to management in seeking to improve performance."

Indicators of Effectiveness: Understanding
and Improving Foundation Performance

This worksheet is intended to help foundation staffs and boards establish indicators of foundation performance in four areas: achieving impact, setting the agenda/strategy, managing operations, and optimizing governance. This framework was informed by interviews and surveys of foundation CEOs, trustees, and grantees during CEP's Foundation Performance Metrics Pilot Study.

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