A recently released report from The Center for Effective Philanthropy, Indicators of Effectiveness, comments on foundations’ growing understanding and interest in assessing their overall performance, noting that many are “convinced that better performance assessment will lead to greater effectiveness and, in turn, to more social impact on the people and issues they affect.”

The current debate about government funding has sparked renewed interest in faith-based organizations and their role in meeting the economic, health, and educational needs of society. The small, open country chapel…the urban church with declining parishioners and rising community needs…the burgeoning suburban congregation of young families…the mega-church with a multimillion dollar budget…all are lumped together with countless other religious groups as one solution to the nation’s needs.

When it comes to funding biomedical research, there is a
perception among health grantmakers that only the Goliaths
of the world can make a difference. A foundation must be as
large as the Burroughs Wellcome Fund, for instance, to hire
a sophisticated staff that can comprehend complex scientific
protocols. It must have the deep pockets and staying power
of a Howard Hughes Medical Institute to afford the notoriously expensive equipment and salaries, and to take a gamble on a payoff that may be long in coming, if ever.