The philanthropist’s toolkit
McKinsey on Society has compiled a variety of research, interactive tools and resources to help philanthropists identify goals, implement initiatives and define success.
Social impact bonds have emerged at the center of debates around impact investment and pay-for-success models. But what exactly are social impact bonds and their potential for philanthropists in the U.S.? A collection of extensive research and interactive tools explores the potential of social impact bonds, including how they would work in the U.S. and which roles would be defined for each type of stakeholder.
As nonprofits struggle to adapt to an increasingly dynamic and demanding environment, building capacity is key to addressing their most pressing issues. But some nonprofits find it difficult to assess and measure capacity without advanced tools and skills. The Organizational Capacity Assessment Tool (OCAT) is a free solution nonprofits can use to assess their operational capacity and identify strengths and areas of improvement.
The use of philanthropic prizes to drive innovation and engagement has exploded in use worldwide. And yet, as our research explores, there is a right way and wrong way to administer a prize. This report includes interviews with analysts, databases of awards and case studies of effective prizes to help philanthropists determine best practices and approaches to prizes.
In an era of big data and limited resources, gone are the days of simply measuring overhead or outcomes. What’s a nonprofit or foundation to do with a new smorgasbord of metrics, tools and techniques? Learning for Social Impact, a collection of tools and best practices, aims to help nonprofits, foundations and funders increase the value of programs, plan more effectively and successfully bring initiatives to scale.