25 April 2022 Alliance magazine
25 April 2022 Steve Bernat
7 March 2022 Rhodri Davies
The Funders 2025 Fund provided two matching monitoring & evaluation (M&E) grants to SHOFCO. Our portion was $39,000, which went toward hiring experts for this initiative. M&E designated funds enable nonprofits to undergo rigorous processes to report their outcomes accurately. These reports can increase the confidence of foundations and private donors, leading to funding the nonprofit under review. When you read about impact achieved on a nonprofit’s website, you want to feel confident that what you are reading represents what actually happened.
SHOFCO’s Chief Advancement Officer, Katherine Potaski, reported that one large foundation was very impressed with the M&E reports that she provided them. What is known is that this foundation later awarded her organization a $1.3 million grant. What is not known is if the M&E work influenced this decision.
In my opinion, whether our foundation and others involved influenced funding in this situation is of less importance. What is significant is that under the right circumstances, funding M&E research and reports can have a pronounced impact on nonprofits’ current and future abilities to raise funds.