Money Well Spent
A Strategic Plan for Smart Philanthropy
Paul Brest & Hal Harvey
This book is available for download with iBooks on your Mac or iOS device, and with iTunes on your computer. Books can be read with iBooks on your Mac or iOS device.
Winner of the 2009 Skystone Ryan Prize for Research, Associationof Fundraising Professionals Research Council
“All outstanding philanthropic successes have one thing incommon: They started with a smart strategic plan,” sayauthors Paul Brest, president of the William and Flora HewlettFoundation, and Hal Harvey, president of ClimateWorks.
Money Well Spent explains how to create and implement astrategy that ensures meaningful results. Components of asmart strategy include: Achieving great clarity about one’s philanthropicgoalsSpecifying indicators of success before beginning aprojectDesigning and implementing a plan commensurate with availableresourcesEvidence-based understanding of the world in which the planwill operatePaying careful attention to milestones to determine if you areon the path to success or if midcourse corrections arenecessary
Drawing on examples from over 100 foundations and non-profits,Money Well Spent gives readers the framework they need todesign a smart strategy, addressing such key issues as:
Effective use of tools—education, science, directservices, advocacy—that can achieve your objectives.How to choose the forms of funding to achieve stated goalsHow to measure the impact of grants or programsWhen to be patient and stick with a winning strategy and whento abandon a strategy that isn’t working
This is a book for everyone who wants to get the most from aphilanthropic dollar: donors, foundations, and non-profits.