Published by: Grant Thornton. September 2018, UK. 13 pages.
Global charitable giving is down. In some countries, negative headlines have caused public trust in charities to waver. In others, there are still questions over how donations are used to help the causes they support. To help solve some of these issues, this looks at effective impact measurement and the way it is communicated.
Impact is a measure of how charities are implementing their strategy and advancing their mission successfully. Demonstrating impact is critical to effective governance. Measuring the genuine impact of work will allow charities to demonstrate the most accurate results possible to funders and stakeholders. Knowing this true impact will also help inform future strategy and allow charities to understand the risks of failure and the benefits of success.