We approach each impact partnership as an investment - an investment in the end of extreme poverty, that is. Which is why it’s a process we don’t take lightly.
Any partner we work with is aligned with our vision to see extreme poverty eradicated, and they meet our due diligence requirements. These include reviewing and benchmarking an organisation’s:
- Governance and legal documentations
- Their impact model, evidence and evaluations
- Their financial performance
- Their people (inclusive of board), process and policies (inclusive of whistleblower policies, finance and audit policies, etc)
This will then help to answer the question whether these impact partners are:
- Impact driven and evidence-based
- Systemic in addressing the root causes of extreme poverty
- Sustainable, and have an end-game to scale and exit
- Remarkable people
Each initial partnership has a 12-18-month test fund as a ‘get-to-know-you’ period with a no-additional-funding guarantee clause. This also allows us to perform an extended due diligence, giving both organisations opportunities to learn. You can read more about our approach and criteria in our grant and partner criteria on our website here.
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