7: Oversight and Accountability

Exercise ongoing oversight responsibility for the strategic framework and be an active agent in assessing progress or need for adjustments along the way.

Other Information:

The board will have ongoing oversight responsibility for the strategic framework and will be an active agent in assessing progress or need for adjustments along the way. The importance and extent of the changes for the Council on Foundations contained in this strategic framework call for the Council to develop its capacity for assessment and for demonstrating progress toward desired results. The Council will develop feedback loops to spot early indications of what is working well and what is not, and to make adjustments as needed.We anticipate that our assessment mechanisms will involve a mix of qualitative and quantitative information to gauge demonstrable results. THREE CRITICAL RESULT AREAS Based on the Public Value Scorecard model of assessing strategic performance for nonprofit organizations, the Council will monitor not only ultimate results but also the state of the relationships and processes expected to lead to the desired results. We will be gauging results in three areas by gathering data around the progress on the strategic direction in this framework and more detailed accountability indicators based on annual plans. These three areas are the ones we deem necessary to realize our vision for the field of organized philanthropy: A vibrant, growing and responsible philanthropic sector that advances the common good.

Objective(s):

7.1: Operational capacity

7.2: Legitimacy and Financial Support

7.3: Social Value

Content