Business Commons^™

Leveraging Foundation Balance Sheets For Greater Impact: Piloting A Pooled Guarantee Program, Jane Reisman, Jim Baek, David Newsome, Christine Ryan

The Foundation Review

A guarantee instrument is a credit enhancement tool that can enable philanthropies to unlock millions or billions of dollars for societal impact. The Community Investment Guarantee Pool, created in 2019 by a collaboration of philanthropies and allied impact investors, or guarantors, is a novel initiative that uses guarantees to leverage the balance sheets of foundations and other institutional investors for enhancing the credit of intermediaries in the affordable housing, small-business, and climate markets. As the guarantees are unfunded, foundations continue to keep their endowment invested in the conventional market.

This article describes the Community Investment Guarantee Pool, details its theory …

Assessing Change And Deepening Impact In Early Learning Systems: The Formal-System Self-Assessment Tool, Erika Takada, Clare Nolan, Meera Mani

The Foundation Review

The David and Lucile Packard Foundation is investing in a 10-year strategy, Starting Smart and Strong, that partners with three California communities to develop and test solutions to support parents, caregivers, and educators as they prepare children to be ready for school. Central to this strategy are community efforts to create comprehensive early learning systems that model quality teaching practices, secure and ensure adequate distribution of resources, and have capacity to improve, innovate, and scale.

One of the challenges in systems evaluation is identifying meaningful indicators of interim progress toward longer-term change. From the start, the evaluation has been learning …

Balancing The Competing Demands Of Strategic Philanthropy: The Case Of The Delaware River Watershed Initiative, Edward W. Wilson, Carol Bromer, David Laroche

The Foundation Review

Strategic philanthropy requires striking a balance between two extremes. On one side is unilateral agenda-setting by the foundation and excessive reliance on its own intellectual frameworks and methods. On the other side is too much deference to competing voices from the field, with the risk that funding will be haphazard and incoherent. This article describes how the Delaware River Watershed Initiative, supported by the William Penn Foundation, has struggled to position itself between these two extremes.

Based on an evaluation conducted during the first four years of the initiative, the article examines four interrelated tensions: upfront planning versus emergent strategy, …

From Idea To Initiative: Real-Time Learning For A Funder Collaborative On Nonprofit Strategic Restructuring, Way-Ting Chen, Lynn Alvarez, Carrie Harlow, Shannon Johnson, Jennifer Price-Letscher

The Foundation Review

Evaluation and learning is often seen as a high-stakes, formalized process of comparing an effort at its conclusion against some standard or benchmark. More recently, formative and developmental approaches to evaluation have been created to accommodate the need for more adaptability and ambiguity in an effort.

The Nonprofit Sustainability Initiative, a multiyear collaboration of 17 funders in Los Angeles County, California, supports nonprofit organizations to collaborate and restructure in a variety of forms. As the initiative evolved, its evaluation and learning system had to have the ability to evolve with it. Real-time learning informed initiative design and refinement, aligned funders …

Thriving Communities: A Model For Community-Engaged Grantmaking, Mary Francis, Colleen Desmond, Jeffrey Williams, Jennifer Chubinski, Jennifer Zimmerman, Ashlee Young

The Foundation Review

Interact for Health is a health conversion foundation serving the three-state region of Greater Cincinnati, Ohio. Its current community change initiative, Thriving Communities, is a community-learning model that helps embed health promotion and advocacy work in communities while those communities build an equitable infrastructure with stakeholders to more rapidly spread evidence-based practices.

This article explores the three tools developed for the Thriving Communities initiative: Success Markers, the Developmental Pathway, and Relationship Mapping. Interact for Health has found that these tools build core competencies and confidence among grantees as well as a process for community engagement that produces results at the …

Developmental Evaluation Of A Collective Impact Initiative: Insights For Foundations, Glenn Landers, Kelci Price, Karen Minyard

The Foundation Review

The 2011 publication of John Kania and Mark Kramer’s influential paper, "Collective Impact," caught the attention of organizations across sectors, including nonprofit organizations and philanthropies. The Colorado Health Foundation was one of the organizations that saw the potential of collective impact to help tackle the state's complex, systems-level health issues.

This article describes a collective impact initiative and the role that developmental evaluation – and a realist framework – played in aiding both the initiative’s steering committee and the Colorado Health Foundation in making decisions about the initiative's accomplishments and future.

The article highlights the developmental evaluation approach, how that …

Evaluation For Models And Adaptive Initiatives, Heather Britt, Julia Coffman

The Foundation Review

· Although there has been a growing emphasis on use of experimental designs in evaluation, there is also increasing agreement that evaluation designs should be situation specific.

· The nature of the program is one of the key factors to consider in evaluation design.

· Two types of programs – models, which provide replicable or semi-standardized solutions, adaptive initiatives, which are flexible programming strategies used to address problems that require unique, context-based solutions – require different evaluation designs.

· Evaluation of models requires understanding the stage of development of the model program, with summative evaluation done only when the model …