Measuring and Improving Impact A Toolkit for Nonprofit Funders of Medical Research

June 19, 2018

For much of its existence, FasterCures has been interested in the unique, powerful role philanthropy can have in jump-starting new models of innovation needed to accelerate progress in medical research and development (R&D). We have analyzed the system-wide impediments to faster progress in the war against disease.1 We have studied the innovative approaches being employed by a new breed of more strategic nonprofit foundations funding medical research, sometimes called “venture philanthropies,” to address many of those impediments.2 We have created tools to help individual philanthropists understand the R&D landscape and strategically guide their investment into high-impact research opportunities.

Spotlight

ActionAid

Founded in 1972, ActionAid has been fighting poverty worldwide for over 30 years. In 2013, ActionAid's work reached 15 million people in Africa, Asia and Latin America. At ActionAid we take advantage of over 30 years of knowledge and experience in fighting poverty. We don't impose solutions, but work with communities over many years to strengthen their own efforts to throw off poverty. With more than 2,000 partners worldwide, we work with and support the poorest and most vulnerable people to secure their rights to food, shelter, work, basic healthcare and a voice in the decisions that affect their lives.

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How to Staff Your Nonprofit for Success

whitePaper | July 16, 2022

For many years, the charity watchdogs contributed to the myth that nonprofits should be spending 0% of their funding on professional staffing and operations. Nonprofit sector observers and researchers ultimately coined a name for this counterproductive level of frugality: the Nonprofit Starvation Cycle.2,3 In a nutshell, when an organization’s infrastructure is not funded or “fed” to the degree necessary for it to thrive, it cannot accomplish the work it was founded to do, and it chronically underperforms. The nonprofit itself is actually starving.

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What Your Nonprofit Needs to Know About Software Subscription Fees

whitePaper | April 16, 2020

Online fundraising has revolutionized the giving landscape and created exciting new opportunities for nonprofits. Instead of direct mail and telephone fundraising, nonprofits are turning to advanced fundraising software that allows them to gain valuable insights about their supporters, streamline their fundraising campaigns, and massively expand their reach.

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Illinois Nonprofit Principles and Best Practices 2020

whitePaper | January 9, 2020

Nonprofit organizations serve a critical role in today’s society by providing opportunities for advancing divested and underserved populations, facilitating volunteerism and civic engagement, and developing innovative approaches to solving complex issues--to name a few. In order to effectively serve the community, however, nonprofits must balance maintaining their commitment to excellence, equity, and accountability while successfully realizing their missions, managing resources, and executing proper governance. In order to help Illinois nonprofits strike this balance, set forth on the following pages are thirteen key principles of nonprofit governance, followed by best practices for consideration in effectuating on these principles.

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6 Technology Trends That Can Maximize Donor Impact

whitePaper | January 31, 2023

If there was ever any doubt that technology would make its way into the charitable realm, the pandemic’s reliance on virtual tools made clear how all-encompassing such trends would become.

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Business planning tools for non-profit organizations

whitePaper | December 26, 2019

SCORE is a more than 40 year old non-profi t with over 10,500 volunteers who provide free business counseling and no or low-cost workshops to new and emerging small businesses nation wide. In 2005, SCORE counselors volunteered over 1,000,000 hours in counseling and workshop services. While most of SCORE’s work has focused on small businesses, over the years it has assisted some startup and emerging non-profi t organizations, particularly on business issues. As a result of these experiences, SCORE strongly believes that to be effective, competitive and sustainable, non-profi ts must not only be caring and creative, they must run their operations as businesses.

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Spotlight

ActionAid

Founded in 1972, ActionAid has been fighting poverty worldwide for over 30 years. In 2013, ActionAid's work reached 15 million people in Africa, Asia and Latin America. At ActionAid we take advantage of over 30 years of knowledge and experience in fighting poverty. We don't impose solutions, but work with communities over many years to strengthen their own efforts to throw off poverty. With more than 2,000 partners worldwide, we work with and support the poorest and most vulnerable people to secure their rights to food, shelter, work, basic healthcare and a voice in the decisions that affect their lives.

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