Private Philanthropy for Development by OECD

Author:OECD
Language: eng
Format: epub
Tags: development
Publisher: OECD Publishing
Published: 2018-03-22T16:00:00+00:00

3.1.4. Impact measurement: A cross-cutting trend and a common thread across innovations in philanthropy

Monitoring and evaluation (M&E) have become an integral part of the sector’s evolution, as illustrated by some new approaches in previous sections of this chapter. Philanthropists increasingly want decisions informed by evidence. They develop theories of change to frame their action and to track measurable outcomes. They ask for regular reporting based on key performance indicators from their grantees, as well as from end beneficiaries. Finally, they invest in thorough impact evaluations, such as randomised control trials, whereby a population control group enables the rigorous assessment of the effectiveness of a specific intervention.

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