Learnings from the Pathfinder Pilot: The Common Foundations articulate a minimum standard of impact measurement for social purpose organizations. It is about being good enough rather than great. The question is: good enough for what?
SI Canada hosted an informative webinar exploring how Purppl secured investment to accelerate the impact of social entrepreneurs and their journey to becoming the co-owners of Thrive Impact Fund. Both organizations use Common Approach’s Common Foundations to “do better impact measurement.”
The Common Foundations are a minimum standard—it’s not meant to be difficult or overly rigorous. We’re taking a closer look at the questions with the most “no” responses, to see if we can help more organizations get to 100%!
Help us improve our data by taking the Common Foundations self-assessment! We are eager to hear not only from social purpose organizations in the beginning stages of implementing impact measurement but also from those with an established practice.
The Common Foundations reiterate the essential practices that are common to many different approaches and frameworks and are therefore compatible with many other standards. Let’s take a look at how Demonstrating Value’s framework and resources align with the Common Foundation’s minimum standards.