The growth of philanthropic foundations in numbers and significance
raises two immediate questions. First, what makes for success and
failure of foundations' projects and activities? Second, what
yardsticks or benchmarks are used to measure performance and track
goal attainment? The purpose of this book is to delve deeper into
the complex set of issues that lie behind the performance and wider
impact of philanthropy. Performance Measurement in Philanthropic
Foundations looks at the strengths and weaknesses of philanthropic
foundations, which are independent of both the market and ballot
box and yet open to signal and incentive deficiencies. The authors
use in-depth case studies from different countries to illustrate
the problems and challenge much of the conventional wisdom on
foundation "success" and "failure." The book also outlines the main
contours of a proactive governance and management style to address
those problems.
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