Impact measurement and management is one of the three key practices of venture philanthropy (VP), together with tailored financing and organisational support. This publication highlights the experiences of two European organisations at the forefront of social impact measurement: Investisseurs & Partenaires (I&P) and Reach for Change. Our publication 'Impact measurement in practice - In depth case studies' shows how they have developed their own impact measurement system and how they have dealt with issues such as proportionality, attribution and additionality.
EVPA Member I&P is a social impact fund focused on supporting small and fast-growing African enterprises, with a high social and/or environmental impact. Since it started measuring impact, the organisation realised that, thanks to the definition of clear objectives and indicators, their work could be better monitored and improved. Also, they discovered that it served to align their team internally on the impact objectives.
EVPA Member Reach for Change is a grant-maker focusing on improving the lives of children. Over the years they realised the importance of measuring impact to explain what Reach for Change is doing for its investors, to identify successes and failures in their strategy, and to make annual reinvestment decisions.