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Grand Valley State University

2017

Community foundations

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Full-Text Articles in Business

Community Philanthropy In Russian Remote Areas, Julia Khodorova, Larisa Avrorina Sep 2017

Community Philanthropy In Russian Remote Areas, Julia Khodorova, Larisa Avrorina

The Foundation Review

Russia’s “back country” — remote, nonindustrial areas that are home to almost 40 percent of the population — was largely excluded from the changes brought about by perestroika. People who live in these areas, where NGOs are almost never present, are often unaware of the resources available to address local issues. These regions require new development models that focus on fostering community engagement, and the community foundation model has proven to be the most useful and adaptable.

This article is based on the results of research conducted by CAF Russia in 2016 on the development of community foundations in remote, …


Analyzing The Social Value Of Bucharest Community Foundation Programs: Social Return On Investment, Cristina Vaileanu Sep 2017

Analyzing The Social Value Of Bucharest Community Foundation Programs: Social Return On Investment, Cristina Vaileanu

The Foundation Review

In search of a suitable method to measure the social impact of its programs after five years in operation, the Bucharest Community Foundation turned to social return on investment (SROI) analysis to determine the social value produced by one of its grants programs. The internationally recognized method measures the social, environmental, and economic impact of a project or program, quantifiably analyzes outcomes from the perspective of stakeholders, and assigns a monetary value to those outcomes. Assigning a monetary value to a project outcome may help the project team, donors, and the impacted community to evaluate its benefits in comparison with …