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Defining a Well-Run Not for Profit?


Thursday, 5th March 2015 at 9:53 am
Xavier Smerdon, Journalist
Consultancy business, Good Foundations in conjunction with professional services firm PwC, is undertaking research to understand how both donors and Not for Profit employees define and measure whether their organisation is ‘well-run’ or not.

Thursday, 5th March 2015
at 9:53 am
Xavier Smerdon, Journalist


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Defining a Well-Run Not for Profit?
Thursday, 5th March 2015 at 9:53 am

Consultancy business, Good Foundations in conjunction with professional services firm PwC, is undertaking research to understand how both donors and Not for Profit employees define and measure whether their organisation is ‘well-run’ or not.

The term 'well-run' in relation to Not for Profits is often used however, Good Foundations says no consistent definition of the criteria people use to assess whether a Not for Profit organisation is ‘well-run’ or not has been established.

Both surveys (for NFPs and Donors) contain a short number of questions to determine what people think of NFP organisations and how they are run, as well as how donors choose  which organisations to support.

"The concept of being well run applies as much to  Not for Profit organisations as it does to for-profit organisations – it's all about impact, it's just one focuses on social outcomes and the other financial outcomes,” Principal of Good Foundations Stephen Penny said.

“This survey aims to get to the heart of what it means to be a well run Not for Profit organisation."

NFP survey

https://www.surveymonkey.com/r/GF_NFP

Donor survey

https://www.surveymonkey.com/r/GF_Donor

The surveys are open until 24 March 2015.

 


Xavier Smerdon  |  Journalist |  @XavierSmerdon

Xavier Smerdon is a journalist specialising in the Not for Profit sector. He writes breaking and investigative news articles.

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