Good360
MEDIA, JOBS & RESOURCES for the COMMON GOOD
News  | 

Granting Success - New Research


Monday, 30th March 2009 at 4:54 pm
Staff Reporter
In the UK, New Philanthropy Capital's latest research report, called Granting Success, provides guidance on how to structure grants so that they have the most impact.

Monday, 30th March 2009
at 4:54 pm
Staff Reporter


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Granting Success - New Research
Monday, 30th March 2009 at 4:54 pm

In the UK, New Philanthropy Capital’s latest research report, called Granting Success, provides guidance on how to structure grants so that they have the most impact.

The report looks in particular at how to make decisions about the size and length of grants, restrictions on grants, and non-grant financing.

In each case, it explores best practice and the impact of funding decisions on charities, drawing on interviews with 17 grant-makers, relevant literature from the UK and US and NPC’s own experiences. It also examines practical barriers to giving the most effective grants and looks at how, in some cases, these can be overcome.

Key findings from the report include:
– The way that grants are structured can have a significant effect on charities. Well-structured grants give charities the ability to attract the best staff, opportunities to plan and innovate, and flexibility. Poorly-structured grants can create risk and instability, which can have a detrimental knock-on effect on beneficiaries.
– Grants should be matched to the funding needs they address. However, foundations often struggle to give large or long-term grants because of concerns about dependency, a lack of capacity to sufficiently assess and monitor charities or because they wish to spread their funding across a number of different areas. The report suggests ways that funders can overcome these issues.
– Despite it being challenging for funders to assess potential recipients of unrestricted funding and monitor impact, charities find unrestricted funding more valuable for the flexibility and confidence it gives. While restricted funding is appropriate in some circumstances, the report recommends unrestricted as the default option for funders.

Since 2003, NPC has published sector research on issues such as homelessness and disabled children. This report, however, is concerned with how to fund, rather than where to fund. This is a relatively new area of research by NPC whose mission is to get charities and funders working together to ultimately create better results for beneficiaries.

The report can be downloaded at: www.philanthropycapital.org




Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers?

Get in touch at news@probonoaustralia.com.au

Tags : Philanthropy,

 Print

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Write a Reply or Comment

Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

Australian NFPs fight for $50 million birthday giveaway

Maggie Coggan

Wednesday, 8th May 2019 at 5:29 pm

Policy boldness needed to encourage philanthropy

Krystian Seibert

Thursday, 2nd May 2019 at 8:38 am

Why the leaders of the future should look to philanthropy

Luke Michael

Tuesday, 30th April 2019 at 5:29 pm

What philanthropy wants: A more giving Australia

Sarah Wickham

Tuesday, 16th April 2019 at 8:05 am

POPULAR

Morrison vows to prioritise NDIS following election win

Luke Michael

Monday, 20th May 2019 at 4:05 pm

Australia set to face UN scrutiny over disability rights

Luke Michael

Friday, 17th May 2019 at 4:45 pm

Guide dogs business venture set to shake up traditional charity model

Maggie Coggan

Monday, 13th May 2019 at 4:11 pm

Community Sector Banking
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!