LeapofReason.org provides free access to a suite of materials, including articles, speeches, videos, guides, and other tools, which build on and augment Leap of Reason: Managing to Outcomes in an Era of Scarcity, a book written by Venture Philanthropy Partners Chairman Mario Morino in partnership with McKinsey & Company and a dozen other social-sector experts and practitioners. You can also download David Hunter’s new book, Working Hard—and Working Well. The website is created and hosted by Venture Philanthropy Partners (VPP), a philanthropic investment organization that helps leaders build strong, high-performing nonprofit institutions. Go to: http://www.vppartners.org/leapofreason/overview
Publication of the Week -- Handbook of Practical Program Evaluation by Joseph S. Wholey, Harry P. Hatry and Kathryn E. Newcomer
From the publisher: The third edition of Handbook of Practical Program Evaluation offers managers, analysts, consultants, and educators in government, nonprofit, and private institutions a valuable resource that outlines efficient and economical methods for assessing program results and identifying ways to improve program performance. This latest edition has been thoroughly revised. It reflects the evolving nature of the field, while maintaining its value as a guide to the foundational skills needed for evaluation Many new chapters have been prepared for this edition, including chapters on logic modeling and on evaluation applications for small nonprofit organizations. The Handbook of Practical Program Evaluation is a comprehensive resource on evaluation, covering both in-depth program evaluations and performance monitoring. It presents evaluation methods that will be useful at all levels of government and in nonprofit organizations.
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- Housing, community development and education were the program areas that received both the highest total dollar amounts and the largest number of PRIs made by foundations between 2000 and 2010. Non-traditional program areas such as environment, health and arts and culture were also likely to receive PRI support during that period.
- More than half of all PRIs were loans, but foundations have increased the use of equity investments and debt other than loans, such as loan guarantees or loan funds.
- Measuring success is challenging. Foundations generally define success in two ways—programmatic or social success and financial or investment success—and some deem a PRI successful even if it did not produce a positive financial return on the investment so long as it produced the desired social outcome. Achieving success requires planning, new team structures, traditional financial investment skills and social metrics.
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