The secure dominations from individuals, corporations, foundations, and governments, non-profits are increasingly expected to show the efficiency and effectiveness of their work. Donors demand greater transparency and accountability and wish to see social return on their investments in order to ensure that their funds are creating maximum impact.
This greater focus on ensuring a social return has triggered innovation in the way donor grants are structured. Social impact bonds, for example, enable donors to have greater control over results, and in some forms can even provide a financial return while also contributing a social change.
To be as effective as possible in meeting donor’s needs , a social-sector organization must answer a number of critical questions: