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SDG Philanthropy Platform Facilitates Multi-Sector Partnerships

Rockefeller Philanthropy Advisors Oct 1, 2017
This article is deemed a must-read by one or more of our expert collaborators.
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UN SDG
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Making connections and sharing knowledge are key if we are to achieve all 17 Sustainable Development Goals (SDGs) by 2030. At the opening week of the United Nations General Assembly in New York City, the SDG Philanthropy Platform convened leaders across sectors for multiple events to highlight philanthropy’s role in the SDGs, report on implementation progress in the Platform’s target countries, and facilitate partnerships.

 


Learning and benchmarking are key steps towards becoming an impact giver. If you are interested in giving with impact on Impact Philanthropy take a look at these selections from Giving Compass.

  • This article is deemed a must-read by one or more of our expert collaborators.
    Click here for more.
    Why Funding Overhead Is Not the Real Issue

    This article is a call to arms to nonprofits and funders alike to not only banish forever the overhead ratio but also, and equally important, embrace the concept of full costs. Big strides have been made recently in the acknowledgment that overhead ratios are poor indicators of an organization’s impact or financial efficiency. Although the movement toward outcomes-based measurement offers a promising alternative to understanding impact, very little has been done to truly shift the sector’s understanding of what it takes—or even means—for nonprofits to be financially efficient and adaptable. The myths and misinterpretations of the true full costs of delivering vital programs have contributed to a chronically fragile social infrastructure for our communities. Now more than ever, as the call to achieve high standards of outcomes-based measurement grows, we must hold ourselves to an equally high standard of understanding nonprofits’ full costs. This article is meant to encourage nonprofit executives and boards to know and advocate for their full costs, and to urge the philanthropic sector to structure funding with greater consideration for the full context in which its grantees are operating. We look forward to the day when nonprofits and funders have embraced the concept of full costs, which include far more than direct program expenses and so-called “overhead.” Read the source article at nonprofitquarterly.org


As Lauren Whitehead, Program Manager at BRAC, emphasized, “Ambitious goals like the SDGs require ambitious measures.”

One common theme that emerged from the events was the importance of cross-sector collaboration in identifying gaps to close and developing solutions. As more stakeholders from diverse backgrounds join the conversation on SDG implementation, new perspectives can help shed light on effective methods of addressing the world’s most pressing issues.

From speakers’ experiences, one lesson is clear – we will not be able to achieve the SDGs if we continue with business as usual. We as a global community must work together and take innovative new approaches to solve the problems identified by the 17 goals.

Read the full article by Melissa Blackerby published by Rockefeller Philanthropy Advisors

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