An international roster of donors has dispersed billions of dollars since 2000 to address social issues targeted by the United Nations’ Sustainable Development Goals. Their efforts highlight four ways that big bets can achieve big social change.
Funders and others can better support the involvement of those who use social services in service design and implementation. And by doing so, they can generate more meaningful, systems-level impact.
Organizations must prioritize collecting and analyzing the data needed to manage implementation and improve programs.
Since 1970, more than 200,000 nonprofits have opened in the U.S., but only 144 have reached $50 million in annual revenue. They got big by doing two things: They raised the bulk of their money from a single type of funder. And just as importantly, these nonprofits created professional organizations that were tailored to the needs of their primary funding sources.
Three considerations for Asia-Pacific foundations embarking on impact investing journeys.