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Informed Giving
Princeton
Social Capital sets itself apart with its dedicated research
and evaluation team. Drawn from every segment of the non-profit
sector — funders,
practitioners, researchers, evaluators, policy analysts—this
team has two overlapping objectives: 1) Support our clients,
and 2) Advance the field. We accomplish these objectives in
the following ways:
1) Supporting clients
2) Advancing the
field

1.
Supporting Our Clients
- Understand
the Issues. Donors make good decisions when they understand
the issues. From charter schools to refugee protection, we
connect donor interests with sophisticated research and analysis.
But we don't just copy the report and put it in the mail.
Instead, our job is to find the best scholarship in a given
field, internalize it, and begin a dialogue with the client
which lays out the practical implications of complex social
policy trends.
- Consider
Approaches. Once an issue area is selected, there are
always several possible approaches. Take urban education
as an example. Could new research on the implications of
the No Child Left Behind Act make the biggest difference?
Or would those same resources have a bigger impact at the
community-level, perhaps supporting an after school program
for children who are at risk of being left behind? Or perhaps
there is an investment opportunity, as is often the case
in affordable housing, which has a good chance of yielding
demonstrable results. PSC clients like options, and so the
research and evaluation team explains what's being done and
gives clients tools to consider the relative merits of several
approaches. PSC also maintains its own databases of social
investment opportunities which can be cross-referenced according
to issue area, financial return (if applicable), and several
other criteria.
- Organizational
Evaluation. You know where you want to make a difference,
and you think you know how. Now you need to identify the
best organizations to carry out your agenda. Because
the best organizations are not always the most well-known
organizations, guidance from experts in organizational evaluation
and non-profit administration can make a big difference.
For example, PSC helps clients decide if a request for proposals
would help rationalize the evaluation process, or if soliciting
proposals one-by-one would allow for more control. Once there
is a pool of grantees to choose from, the research and evaluation
team will examine program impact, management structure, and
fiscal controls, putting together recommendations tailored
to the client's priorities. PSC also encourages site visits
and donor participation to give the fullest possible picture.
- Performance
Tracking. Evaluation doesn't end when the check is written.
At regular intervals and at project completion, well-designed
project performance reporting protocols tells donors what's
working and what isn't. PSC can help design and manage that
process, and simply communicate the results. At the end of
the grant cycle, the results of a social investment will
be evident, and the donor will have maximized the chances
of achieving its social and financial goals.
2. Advancing the Field
- Develop
the Field of Social Investing. PSC is contributing to
this burgeoning field through research and analysis. Can
the wide range of activities that are labeled "social
investing" really be understood as a coherent field?
PSC has formed an alliance with the policy and research non-profit, Policy
Development(PD), to help answer this question, analyze
trends, and propose some future directions for the social
investing movement. The PSC-funded research initiative will
consider: regulatory policy, politics, legal issues, ethics,
business models, social impact, and industry analyses.
- Break
Down Non-Profit/For-Profit Prejudices. While public-private
partnerships and innovative cross-sectoral approaches seem
to be multiplying, many old prejudices remain remarkably
intact. While non-profits may feel threatened by the invocation
of market concepts traditionally associated with the corporate
sector, many for-profits wonder why non-profits enjoy tax
exemption to whom they are being held accountable. And accusations
of excess and inefficiency seem to flow in both directions.
In the interest of maximizing social impact no matter
what, PSC would like to help replace these kinds of prejudices
with simple merit-based and sector-blind impact assessments
and investment decisions.
- Track
and Help Shape Policy. PSC's interaction with donors,
its non-profit evaluation activities, and its issue area
research are ideal preparation for informing policy discussions
affecting the non-profit sector. Public policy affecting
philanthropy and social investing should allow for, and even
promote, the very best models for social change and good
governance. PSC is well positioned to communicate those models.
Thorough policy awareness, in turn, is also an asset for
donor advising.
PSC social research analysts help philanthropists
to better understand the causes they seek to impact so
that they can make more informed grant decisions. topˆ |