Criterion
MEDIA, JOBS & RESOURCES for the COMMON GOOD
NEWS  | 

Philanthropic Benchmarking Tool


Tuesday, 9th September 2014 at 11:14 am
Lina Caneva, Editor
Measuring the effectiveness of philanthropic organisations using a new benchmarking tool was under the spotlight at the recent Philanthropy Australia 2014 National Conference in Melbourne.

Tuesday, 9th September 2014
at 11:14 am
Lina Caneva, Editor


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Philanthropic Benchmarking Tool
Tuesday, 9th September 2014 at 11:14 am

Measuring the effectiveness of philanthropic organisations using a new benchmarking tool was under the spotlight at the recent Philanthropy Australia 2014 National Conference in Melbourne.

Three Australian philanthropic foundations – Origin Foundation, CAGES Foundation and Dusseldorp Forum – have created a benchmark tool in conjunction with the research consultancy, Pollinate.

“Giving away money is easy, it is called charity,” Sean Barrett of the Origin Foundation said. “Giving money with purpose is difficult, and it’s called philanthropy.”

“At a time when philanthropic dollars are in short supply, and expectations of the Not for Profit sector are increasing, it is important that philanthropic organisations are also performing effectively.”

Teya Dusseldorp, Executive Director of Dusseldorp Forum, said: “There is an inherent power imbalance between those giving the money and those receiving it, and each philanthropic organisation has different processes. We want to know what we can do better.”

Developed by Pollinate, the tool is an independently conducted survey that allows beneficiaries to provide anonymous feedback.

“Who is going to tell someone who provides sometimes hundreds of thousands of dollars in funding, that they are difficult to deal with or could do better?”Howard Parry-Husbands of Pollinate said.

The three foundations launching the initiative have very different backgrounds: CAGES Foundation is a private ancillary fund, Dusseldorp Forum is an independent Foundation in the education arena and Origin is a corporate Foundation.

“We are already learning lessons on where we can improve, ” Dusseldorp said. “Targeting our support where it is needed, we are investing our time and resources more effectively.”

“The long-term value will be if more philanthropic foundations are willing to join the initiative, building a robust benchmark of performance.”

For more information go to: http://dusseldorp.org.au/partner/philanthropy-benchmarking-index/

 

 

Lina Caneva  |  Editor  |  @ProBonoNews

Lina Caneva has been a journalist for more than 35 years, and Editor of Pro Bono Australia News since it was founded in 2000.


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

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

Philanthropic Leader Calls to Overhaul Economic System

Maggie Coggan

Thursday, 13th September 2018 at 8:52 am

New Brooms: How Younger Givers Are Changing Family Philanthropy

Fiona Higgins

Wednesday, 12th September 2018 at 11:11 am

Increasing Transparency of Australian Philanthropy

Luke Michael

Thursday, 6th September 2018 at 3:56 pm

US Philanthropy Leader Warns Against Spending On ‘Fad’ Issues

Maggie Coggan

Wednesday, 5th September 2018 at 5:08 pm

POPULAR

Family Faces ‘Devastating’ Loss of Support for Son with Disability

Luke Michael

Tuesday, 11th September 2018 at 8:37 am

$50 million Up For Grabs to Help NFPs Drive Change

Maggie Coggan

Monday, 17th September 2018 at 4:21 pm

Social Economy is the Workforce of the Future

Luke Michael

Thursday, 6th September 2018 at 8:21 am

Australia’s Most Innovative NFPs Highlighted

Luke Michael

Thursday, 13th September 2018 at 8:41 am

Criterion
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!