The Robin Hood Foundation, which has targeted poverty in New York City since 1988, offers a telling example. The group evaluates the return on investments it makes in various programs around the city. It doesn’t make funding decisions based solely on metrics, however. It also relies on the experience of managers in the field and makes qualitative judgments based on comparing benefits with costs.
Robin Hood deals only with an impoverished population, but its principle of being businesslike has served both its clients and its investor donors quite well.
You can do something about it. Learn more.
After last night’s cancellation of the Concert 4 NYC, the Black Eyed Peas were truly heartbroken. A devastated Fergie called in to Z100 New York this morning to share her feelings with fans. “I hope that people really focus on what this is about—it was for poverty in New York and making New York City a better place.” Listen to the call.