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Funders Can Give More than Money

Harvard Business Review

The outlook is only marginally better for endowments , with returns on their invested capital hovering around 5 percent—as they did in 2011. Some seek stricter accounting of ROI based on objectively measurable goals and achievements. We know that microfinance alone will not break the poverty cycle.

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It's Not All About Growth for Social Enterprises

Harvard Business Review

Yet, if scaling impact is the goal, these skills are essential. Successful examples of this approach are still rare; most people point to microfinance. to prove the goal is much more than size: it's about impact. If the answer is no (or we're not sure), then the organization's impressive size is a moot point.