We are at a crossroads in philanthropy, where access to data has increased in recent years but data capacity within impact organizations has not. As a result, only 50% of surveyed organizations are using the data available to them to inform their decision-making (Source). This fact presents a significant challenge to the ability of impact organizations to drive the level of positive change needed to tackle today’s complex issues.
Whenever we meet with potential clients across the social sector and the subject of data comes up, we are inevitably faced with one of two realities. The first, and most common, is that our partners have a lot of data but it lives in disparate systems making it very difficult for them to use this information to drive decision making. In this instance, we work with our partners to centralize their data into the UpMetrics platform so they can start to analyze and learn from this information. The other potential reality is that our partners have data gaps, and need help thinking through how to efficiently fill those gaps so they can effectively understand and report their impact. Luckily the UpMetrics platform can be helpful in this scenario as well. Here are three ways that the UpMetrics platform can help your organization address and fill data gaps.
Imagine you are doing a puzzle. You’re working on the top corner, perhaps a friend is piecing together the bottom border and their friend is tackling the always difficult middle area. While each person is responsible for their section, working independently, you’re all looking to achieve the same goal: completing the picture. Now, in my circle of friends it is hotly debated if you’re allowed to look at the box while assembling the puzzle, but we can all agree that it is infinitely easier to complete the puzzle when you can see that big picture. Not only do you then have a baseline of where you want to go, you can also check your progress along the way, making corrections if you’re trying to fit pieces in the wrong places.
The grantee reporting dilemma is not a new one - foundations rely heavily on grantees to understand whether their investments are making a positive impact in the areas that they wish to support. And yet many grantees do not have access to tools or resources in the area of data collection and analysis. This results in time and energy wasted on reporting requirements and process - time that could be spent focusing on the organization's mission and driving impact.
The events of this year have forced all of us to examine this country’s history of racial injustice and to grapple with how we can play a part in solving this glaring systemic problem in our society. We have seen significant efforts from virtually every sector, as companies commit to be a part of the solution and tackle diversity, equity, and inclusion in a more deliberate and comprehensive way. The social sector has been a leader in this issue area for some time, but this year has shown a concerted effort unlike anything we have seen before as existing players take a larger role or offer a new approach to tackle these long-standing issues. In addition, it has been inspiring to see new players enter the sector, and take an active role in helping to drive positive change in this area. We have also seen an increased openness and appreciation for diversity metrics tracking and reporting with the ultimate goal to move the needle and drive greater impact.
2020 saw a lot of unexpected circumstances that impact organizations could not anticipate, and for which there was no baseline or best practice to follow as the public looked for leadership from many of these organizations.
As we head into Thanksgiving we’re receiving constant reminders from virtually every channel that we’re nearing the end of the year. Whether it be Black Friday discounts, cold weather or holiday plans, you can’t ignore the fact that we’re creeping towards the end of the year that was 2020. For the social sector, that also means a heightened period of fundraising, both around #GivingTuesday and general year-end appeals.