Kate Frykberg from the Todd Foundation gave a presentation about measuring and reducing the time and cost burden placed on grantee organizations through funding processes. She discussed common funder practices like robust application processes and accountability measures that can have unintended consequences like high time costs. The Todd Foundation measured these "funding burdens" and found ways to reduce them, such as providing multi-year funding. Frykberg urged funders to consider how their practices may hinder community organizations and seek the right balance between open funding and reasonable application burdens.
Canada: Fall Colour: What to Plant | Tips from The Grounds Guys® Landscape Ma...DGCommunications
As the end of summer nears, you may be lamenting your sad landscaping situation. Most of your beautiful flowers are dying and your vegetables just aren’t as productive as the weather cools off. To extend the life of your landscape and to add gorgeous fall colours to your property, here are some examples of beauties to plant right now! Some are annuals that will only last for the season, and some are perennials that will continue to spring up year after year.
The Power of Power Washing | Tips from The Grounds Guys®DGCommunications
Time and weather are not friends with your outdoor areas. Over time, grit and grime build up on your exterior surfaces. To rid commercial and residential properties of unhealthy filth and keep them looking their best, power washing is the answer. The experts at The Grounds Guys share with you the visual and health benefits of power washing your residential and commercial exterior areas.
Declutter Your Gutters | Tips from The Grounds Guys®DGCommunications
When the rain starts pouring, how do your gutters respond? Do they function exactly as they should, or do they allow water to leak down the side of your home? It’s easy to take rain gutters for granted, but if yours are in bad condition or clogged with leaves and debris, poor gutter performance could have a detrimental effect on your landscaping and foundation. You may need to have new gutters installed and cleaned to protect the integrity of your home and property.
Canada - Clear a Way for Santa | Tips from The Grounds GuysDGCommunications
December is touted as the most wonderful time of the year as it’s filled with holiday greetings and happy meetings when friends and family get together. Driveways and sidewalks buried in snow and ice can get in the way of holiday cheer if your guests get their car stuck in the snow or slip on icy paths! The Grounds Guys® offers professional snow and ice management services, and we’ve shared some seasonal tips to help home and business owners consider the skills, equipment and products needed, if they have choose to do it themselves. Find your neighborhood snow and ice management experts by visiting us at GroundsGuys.ca!
Raising dollars in a retracted economy is difficult. Explore new ways to raise funds for your community organisation. Ensure survival and move your group into THRIVIVAL mode by diversifying your fundraising.
Stephen Tall - 'Oxford Thinking': The Campaign for the University of OxfordStephen Tall
Presentation by Stephen Tall, Associate Director of Development for the University of Oxford, on the 'Oxford Thinking' fundraising campaign. Delivered to Russian Donors Forum, Moscow, 21st October, 2011.
In Episode 2 of Research to Action's 'Cup of tea with' webinar series Yaso Kunaratnam Policy & Research Officer at UKCDS spoke about competition, collaboration and impact from the perspective of donors and funders of development research. The webinar took a slightly different approach to the topic stakeholder engagement, looking at the under explored area of how funders can collaborate more. Yaso presented findings from UKCDS' latest report about how funders can better support research uptake and impact.
Canada: Fall Colour: What to Plant | Tips from The Grounds Guys® Landscape Ma...DGCommunications
As the end of summer nears, you may be lamenting your sad landscaping situation. Most of your beautiful flowers are dying and your vegetables just aren’t as productive as the weather cools off. To extend the life of your landscape and to add gorgeous fall colours to your property, here are some examples of beauties to plant right now! Some are annuals that will only last for the season, and some are perennials that will continue to spring up year after year.
The Power of Power Washing | Tips from The Grounds Guys®DGCommunications
Time and weather are not friends with your outdoor areas. Over time, grit and grime build up on your exterior surfaces. To rid commercial and residential properties of unhealthy filth and keep them looking their best, power washing is the answer. The experts at The Grounds Guys share with you the visual and health benefits of power washing your residential and commercial exterior areas.
Declutter Your Gutters | Tips from The Grounds Guys®DGCommunications
When the rain starts pouring, how do your gutters respond? Do they function exactly as they should, or do they allow water to leak down the side of your home? It’s easy to take rain gutters for granted, but if yours are in bad condition or clogged with leaves and debris, poor gutter performance could have a detrimental effect on your landscaping and foundation. You may need to have new gutters installed and cleaned to protect the integrity of your home and property.
Canada - Clear a Way for Santa | Tips from The Grounds GuysDGCommunications
December is touted as the most wonderful time of the year as it’s filled with holiday greetings and happy meetings when friends and family get together. Driveways and sidewalks buried in snow and ice can get in the way of holiday cheer if your guests get their car stuck in the snow or slip on icy paths! The Grounds Guys® offers professional snow and ice management services, and we’ve shared some seasonal tips to help home and business owners consider the skills, equipment and products needed, if they have choose to do it themselves. Find your neighborhood snow and ice management experts by visiting us at GroundsGuys.ca!
Raising dollars in a retracted economy is difficult. Explore new ways to raise funds for your community organisation. Ensure survival and move your group into THRIVIVAL mode by diversifying your fundraising.
Stephen Tall - 'Oxford Thinking': The Campaign for the University of OxfordStephen Tall
Presentation by Stephen Tall, Associate Director of Development for the University of Oxford, on the 'Oxford Thinking' fundraising campaign. Delivered to Russian Donors Forum, Moscow, 21st October, 2011.
In Episode 2 of Research to Action's 'Cup of tea with' webinar series Yaso Kunaratnam Policy & Research Officer at UKCDS spoke about competition, collaboration and impact from the perspective of donors and funders of development research. The webinar took a slightly different approach to the topic stakeholder engagement, looking at the under explored area of how funders can collaborate more. Yaso presented findings from UKCDS' latest report about how funders can better support research uptake and impact.
Nurturing the talent pool: Challenges and opportunities of bringing on board ...Miles Weaver
Board’s to be effective need the right mix of skills, knowledge, backgrounds and experiences and perspectives to govern well, as well as embodying diversity in its widest sense (The NCVO Good Governance Guide, 2010). This talk discusses the benefits and role of 'Young Trustees' as a untapped source of talent, how we can nurture and support this talent to make a significant contribution to the governance of Scotland's third sector, charities and public bodies. But ... First of all, we need to tackle what we mean by 'young'? It's time to spill the beans ....
Discussion/Workshop:
How to encourage more people to get on board?
To identify ways in which Trusteeship can be encouraged and how we can build relationships and networks to support the development of trustees in Scotland.
Warwick Anderson | Research funding perspectives for CIPHER forumSax Institute
Professor Warwick Anderson AM, CEO of the National Health and Medical Research Council, recently addressed a CIPHER forum to share how the NHMRC was testing ways to better match research funding with policy needs.
CIPHER, the Centre for Informing Policy in Health with Evidence from Research, is an Australian collaborative research centre managed by the Sax Institute, that is investigating the tools, skills and systems that might contribute to an increased use of research evidence in policy.
For more information visit www.saxinstitute.org.au.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
Todd foundation aigm presentation lightening the load
1. Lightening the Load
Measuring and managing the time and cost burden we
require from the organisations we fund
A presentation to the Australian Institute of Grants Management Conference
by Kate Frykberg, Executive Director, Todd Foundation
23 March 2015
2. Overview
1. Funders’ dilemmas
2. How we respond
3. Intended and unintended consequences
4. Measuring the unintended consequences
5. Todd Foundation’s journey
– Who we are
– Discovering unintended consequences
– Measuring unintended consequences
– Defining the sweet spot
– 7 helpful responses
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/152
3. Funders’ Dilemmas
• So much need
• So many causes
• So many organisations for every cause
• Not enough money
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/153
4. Funders’ Dilemmas
Therefore….
• How do we fully understand community
needs?
• How do we ensure funding is open and
equitable?
• How do we select the best grantees?
• How do we know what impact was made?
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/154
5. How we respond
Response Intended
Consequences
Contestable
Funding Pools
• Everyone has a fair shot
• Open - not dependent on
“who you know”
Robust grant
application
processes
• In-depth info to support
selection process
• Applications can easily
be compared
Robust
accountability
and
evaluation
• Reduces risk of misuse of
funds
• Builds understanding of
impact
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/155
6. How we respond
Response Intended
Consequences
Unintended
Consequences
Contestable
Funding Pools
• Everyone has a fair shot
• Open - not dependent on
“who you know”
• Low success rates
• Competition not
collaboration
Robust grant
application
processes
• In-depth info to support
selection process
• Applications can easily
be compared
• Time and cost burden
• Opportunity cost
• Burnout
Robust
accountability
and
evaluation
• Reduces risk of misuse of
funds
• Builds understanding of
impact
• As above
• Encourages “success
theatre and vanity
metrics”
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/156
7. Measuring the unintended consequences
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/157
Some useful concepts:
Funding Burden: Time and costs applicants spend applying
for and reporting on grants
Net Grant: Money received by a grantee minus
funding burden (ie grant - value of the
time and costs of applying and reporting)
Net Funding: A funders net community benefit – ie the
money received by all grantees minus
funding burden for successful and
unsuccessful applicants
8. Net Grant example
• You give a $10,000 grant
• It takes 10 hours to apply
• It takes 10 hours for accountability and
impact reporting
• At $50/hour, funding burden is $1000 (20hrs @ $50)
• Net grant is $9,000 (10k-1k)
• Except for unsuccessful applicants…
• Who have a net grant of -$500 ($0 granted, 10hrs wasted @$50)
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/158
9. Net Funding example
• You have $100,000 to give in 10 * 10k grants
• You receive 100 applications and award 10
• Net funding for successful applicants is
$90,000 (10 applicants who each spend 20 hours @ $50)
• Factor in:
– Net funding for 90 unsuccessful applicants is -$45,000 (90 * -$500)
– Your costs of administering the funding @10%: -$10,000
• Net funding to the community: $35,000
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/159
10. Implications
• Time spent serving funders is time not
serving community needs
• We may be reducing the very impact we
seek to make through some of our practices
• Funding frustrations are a leading cause of
community sector CE burnout
• Power dynamics mean we are rarely
challenged on our practices
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/1510
11. Our journey: Background to Todd Foundation
• Established 1972 by New Zealand’s Todd Family
• NZ$4.7m given in 2014
• Board: 4 family members, 4 external plus
investment board of 4
• Staff of 4:
– Executive Director
– Strategic Advisor (Family and Community)
– Strategic Advisor (Youth and Māori)
– Office Manager
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/1511
12. Todd Foundation journey: Our vision & funding
Vision:
Inclusive
communities where
all families,
children and young
people can thrive
and contribute
General Fund:
1- 2 year responsive
funding (60%)
Partnership Funding:
5-year proactive funding
(25%)
Special Focus:
Christchurch Earthquake
Recovery (12%)
Scholarships:
University and Polytech
Research grants (3%)
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/1512
13. Processes
• One or two year funding (Responsive):
– Initial online application (approx. 10 - 15% chance of success)
– Short-listing process to invite full proposals (approx. 66%
chance of success)
– Reporting now in person rather than on paper (Roundtable
Reporting)
• Five year funding (Proactive):
– 3 -5 existing grantees invited to apply each year
– 5-year unrestricted funding offered to 3 - 4 grantees, up to 100k
per year
– Annual gathering to share learnings and additional match
funding available for organisational development
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/1513
14. Starting to think about funding burden
• Clara Miller from FB Heron Foundation
introduces concept of Net Grants
• Conversation with grantee CE: “having
5 years funding from you frees up at
least two weeks of my time per year”
• Informal grantee survey:
– total management time to raise and
manage 100k: 3.75 weeks
– total staff time to raise and manage 100k:
1 week
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/1514
15. Measuring Todd Foundation processes
• Added fields to applications asking how
many hours the process took:
– 2 hours initial applications
– 6 hours brief proposal (previously funded
grantees)
– 11 hours full proposal (new grantees)
– 14 hours for 5-year funding
• Measure overheads as a % of total costs:
8.26%
• Relationship management approach and
regularly seek feedback
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/1515
16. Todd Foundation funding burden scorecard
1-2 year
funding
5 year
funding
Average Grant $59,000 $69,000
Av Net Grant $58,000 $68,500
Total Funding $2.44m $1.24m
Net Funding $2.37m $1.23m
Funding Efficiency 97% 99%
Funding Efficiency
(inc overheads)
89% 91%
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/1516
17. Seeking the sweet spot
The challenge:
• Open accessible funding AND a reasonable
chance of success
• Rigourous selection process AND low
funding burden pre-grant
• Deep understanding of what works and
what doesn’t AND low funding burden
post-grant
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/1517
18. Seven helpful responses
• Measure how long to apply and report
• Stage the burden – use 2-step process
• Share the burden – we can do the leg
work too!
• Proportionality matters – vary the burden
depending on what’s on offer
• Combine responsive and proactive funding
• Multi-year funding is better for everyone
• Re-use or standardise reporting and
evaluations with other funders
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/1518
19. Final Thoughts
• Metrics matter… but
• what matters most is the communities
we serve
• “really your job is to get out there in
the community and find out how we
can help” (Sir John Todd, Todd Foundation Chairman)
• And if we want to be helpful – let’s not
inadvertently hinder.
Todd Foundation Presentation to Australian Institute of Grantmaking “Knowledge is Power” conference 23/3/1519
Editor's Notes
Presentation in two parts – first a look at our environment – our dilemmas and responses, the intended and unintended consequences of these and how we measure unintended consequences.
Then I’ll share the Todd Foundation journey trying to measure and manage unintended consequences – I don’t pretend to have the answers but I can share the journey.
Whether we are government, local government or philanthropic funder, our world probably looks a bit like this…
This environment engenders some common dilemmas for funders:
Here’s how we typically respond:
However, our typical responses have some unintended consequences…
If you have lots of applicants, the success rate will be low, with lots of time wasted on unsuccessful applications
Collaboration is actively discouraged – we say we want collaboration but our actions send the opposite message
The shadow side of our robust application, accountability and evaluation processes is that they impose a significant time and cost burden on applicants and grantees, and this is what I will explore further
But a quick mention of the shadow side of evaluation – when someone's job depends on proving outcomes it almost inevitable that there will be a positive spin (success theatre) and a careful selection of the metrics that support this (vanity metrics). But that is a different conversation
Let’s talk about the metrics around the time and costs involved in applying for and reporting on grants. Here’s some useful concepts:
Funding burden – I used to call this compliance costs however I think funding burden is a better term. This is partly because a lot of the costs are born pre-grant before there is a formal agreement in place, so not exactly compliance. Also it more accurately describes how grantees feel about this…
Here’s a hypothetical examples of the net grant concept…
So now let’s take into account the funding burden of all successful and unsuccessful applicants and consider what our net funding to the community could look like…
Does this example seem far-fetched? I am not sure it necessarily is. I talked with one of our grantees a while back who said that a particular government contract they successfully applied for had required more work to get than the value of the contract. In other words, even a successful application can be a negative net grant. Why even apply? “for our credibility, we couldn’t afford not to”
I hate to think what the net funding on this looked like…
Implications:
Are we shooting ourselves in the foot?
And are we as generous as we like to think we are?
There is no market mechanism for determining a successful funder. If grantees are our “customers” – can they easily go elsewhere? Do they even feel comfortable giving us feedback? And if our grantees won’t challenge us, we have to challenge ourselves
So I’d like to move now from talking about the problem to sharing our journey at Todd Foundation to address funding burden. And I should add that it is a journey we are only just starting.
Staff is 3FTE
Vision is…
Four funding streams, but for today just considering the left most two – here’s a bit more detail:
You’ll see in these next slides I’ve included pictures of the communities served by our grantees, just to keep reminding us about what really matters…
Conversation with Anthony… shouldn’t Anthony be out there with the young people he works with rather than fund-raising?
This prompted us to check out the time involved through a rough an ready survey of our 5-year grantees – in fact Anthony is understating this.
And it seemed to be born out from what little research I could easily find. We found this very sobering.
Added fields to our application forms asking how long it takes . These are optional fields which we carefully position as being just for our own review of our processes – it is important that people don’t think this is a trick question!
Overheads probably a bit understated as we get some in-kind support from the Todd businesses, eg free rent. And we are also lucky that our overheads don’t come from our grant budget but are a separate donation from the Todd businesses
Here’s our score card for the funding burden we impose on our grantees. The numbers feel OK but because I don’t know anyone else measuring these statistics to be honest I don’t really know. Two things to note here:
you can add in another metric called funding efficiency which expresses these figures as percentage.
Also multi-year-year funding is more efficient than 1 or 2 year funding. And if the left hand column only included one year grants, the efficiency difference would be considerably greater.
And if we are measuring funding burden – then we need to define the sweet spot. We are not necessarily looking for the lowest possible funding burden – we are looking for the genius of AND…
So here is some practical ideas for getting to the sweet spot that seem to work reasonably well.
Re sharing the burden – our new grantees spend an average of 11 hours on a full proposal – and we spend about 12 visiting and on the diligence and selection process. We try not to ask more of our grantees than we ask of ourselves.