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News & Events | 1 April 2013 | Child Deaths, Inherited Wealth, Microfinance & Social Impact, and April Fools!

April 1, 2013

In case you missed it…

David_Hunter_100We caught up with David Hunter, consultant and former Director of Evaluation at the Edna McConnell Clark Foundation, to talk about his new book Working Hard & Working Well: A Practical Guide to Performance Management. Here’s an excerpt from our interview:

If you had one piece of advice to give to donors/funders on nonprofit performance management and/or measuring and managing to impact, what would it be?

DH: Funders: Remember that unless your grantees are high-performing, your grants won’t produce the results you are intending. Pay the real costs of getting the results you want. This means investing in what nonprofits need to do in order to build their capacities to be high performers. Don’t skimp on overhead…

Direct-Service Grantees: Get clear about why you are in business and what it takes to succeed. Focus, focus, focus. Resist funder efforts to pull you off mission. Push back against funders with high transaction costs and small grants to offer… Read more.

Infant Mortality and Child Survival in the U.S. and Abroad

Nurse Understaffing Increases Infection Risk in VLBW Babies: Half of the infant deaths in the United States are babies born with a birth weight of less than 3.25lbs. A new study, co-authored by the University of Medicine and Dentistry of New Jersey- School of Public Health and the University of Pennsylvania School of Nursing, shows that poor nursing care in hospitals is the culprit. You can watch a video further describing these findings here.

On a global scale, every year almost eight million children die before they reach their fifth birthday, mostly from preventable causes such as pneumonia and diarrhea.1 Our toolkit on child survival is designed to assist donors interested in investing in low-cost, community-level approaches to prevent child deaths, such as the Comprehensive Rural Health Project. More high impact approaches will be highlighted on our website in the coming months.

Perspectives on Inherited Wealth

The Art Of Giving: Channeling The Force Of Inherited Wealth: Richard Del Monte, president of the Del Monte Group, talks with Family Wealth Report about some of the challenges of inheritance, as well as opportunities to engage the next generation in managing their wealth and charitable giving responsibly.

Microfinance, Social Impact, and Giving at Penn

Discussions on Social Impact by Penn and Wharton Faculty: Join Professors Ian Macmillan, Ruben Lobel, and our very own Peter Frumkin on Wednesday, April 3rd from 4:30-6pm EST in Wharton’s Huntsman Hall, Rm G65, as they each give 15-minute presentations on how to create positive social impact. You can even submit questions to them here.

Microfinance conference takes risks to task: The Penn Microfinance Club hosted its 7th Annual Conference this past Saturday, March 30th, with keynote speaker David Roodman, senior fellow at the Center for Global Development and author of Due Diligence: An Impertinent Inquiry into Microfinance.

Wharton Social Impact Conference in San Francisco: For those interested in social impact on the west coast, the Wharton Social Impact Initiative and Wharton San Francisco (2 Harrison Street, 6th Floor) are hosting a conference on Thursday, April 4th from 1:30-6pm PST, with panels on impact investing and social entrepreneurship. Click here to register.

Is Giving the Secret to Getting Ahead?: The New York Times tells us why Adam Grant, an organizational psychology professor at Wharton and author of the upcoming book Give and Take, is the most generous guy on campus. “The most successful givers, Grant explains, are those who rate high in concern for others but also in self-interest. And they are strategic in their giving — they give to other givers and matchers, so that their work has the maximum desired effect; they are cautious about giving to takers; they give in ways that reinforce their social ties; and they consolidate their giving into chunks, so that the impact is intense enough to be gratifying.”

Happy April Fool’s Day!

Boromir is skeptical…But we keep trying anyway!

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