Maximize the value of each donation.

Just as companies want maximum return on their investment, foundations should seek to maximize the value of their donations. Thousands of Swedish foundations annually hand out large grants to nonprofit organizations and projects. Based on their bylaws and mission, they decide which organizations will benefit most from their funds.

To support this work, Charity Rating offers tools and helps foundations to design sustainable nonprofit collaborations. These tools include allocation strategies, deeper understanding of the trends in the field, effective evaluation of grant applications, and clear goal and performance monitoring processes.

Charity Rating Consulting Process - Foundations

1. The foundation's funding strategy

It is difficult to change the mission of an established foundation. If you are establishing a new foundation, it may be beneficial to build a broad mission. However, a broad mission can also expose the foundation to a wide range of applications which can be difficult to manage. A wide range of applications may lead to a difficult evaluation process leading to poor quality grant allocation. To counter this, Charity Rating can help foundations to develop funding strategies that are adaptable to their mission, direction, and distribution scale. Well-defined allocation approaches will streamline the evaluation process allowing the foundation to work more efficiently and increase in the quality of both applications and funding.

2. Field analysis

Once an allocation strategy is developed, it is beneficial to perform in-depth field analysis to learn the facts and trends in the area to assist in determining which organizations might be most effective. This analysis may be used to help shape the Board's activities and decisions throughout the year.

3. The grant application process

Foundations can increase efficiency by streamlining the grant application process. Charity Rating offers foundations help strengthening their application and evaluation processes. Our work with you is always driven by the foundation's guidelines and mission.

4. The evaluation of grant applications

Charity Rating offers decision support to foundations to increase the quality of partnerships. The support is based on the foundation's funding strategies, field analysis, and other parameters and priorities determined by the foundation.

Charity Rating can create an assessment team to assist in the initial evaluation. The group's review of the applications is then compiled - comprised only of high-quality applications. Those applications are then submitted to the foundation's board of directors who can complete their own review and final assessment.

5. Objectives and results

Clear schedules and procedures for follow up and reporting should be established to ensure that the grantees are continually in line with the foundation's requirements. Charity Rating can develop performance management and reporting structures which include templates for monitoring and evaluation. We can also provide ongoing management, monitoring, and evaluation of both qualitative and quantitative goals.

Cost

Each assignment is tailored to your specific needs and priced accordingly.