Effective Impact Reports

-

 Effective Impact Reports


Raising grants needs effective impact evidence and data-driven storytelling. We all publish our annual reports but these annual reports are no longer sufficient to raise new grants/ donations. 


We must be able to demonstrate how our initiative is able to bring positive social change to people and the planet. 


In India, where CSR is mandatory, impact report is must for projects of value over Rs. 50 lakh and the Company’s CSR mandate is over Rs. 1 Cr. However, it is advisable to conduct impact assessment for projects of any value. Sharing such reports with funders and other stakeholders will help build your credibility and thus, help strengthen the relationship.


Example: 

Suppose your organisations vision is to alleviate poverty by helping people from marginalized communities to secure affordable housing through a government scheme. 


You can measure and present your organisation’s impacts as:

  1. Comparison of no. of people supported and reduction in poverty

  2. Organisational operational efficiency in term of time taken to replicate the program in another geography


Steps involved in creating a report includes: 


1. Build an Impact Strategy


For this, your theory of Change can be used as a theoretical framework and an effective way to build your impact strategy. 


2. Identify Impacts

Note that Impacts are long-term goals, whereas Outcomes are medium-term goals and Outputs are short term goals, quantitative in nature. 


3. Collect Data


a. Identify Data Sources


i. System Data

Such as the grant management system and reporting against it.


ii. Stakeholder Data

Information collected from the stakeholders. 


b. Designing and Survey

Design a survey to collect data from stakeholders by asking them the right questions. And this information must be useful to make the right decisions.


According to Impact Management Project- the 5 dimensions of impact are Who, What, How Much, Contribution and risk and you need to ask questions around these. 


Key factors that determine the method of data collection and tools/ techniques to administer these include:

  • Geographical spread of stakeholders

  • Budget/ time constraints

  • Socio-economic status of the stakeholders


4. Data Analysis and Communications: 


a. Use easy to understand visuals layout. 

Visualize and interpret your data through beautiful layouts and compelling graphs

accessed through comprehensive user portals. Understand your data in a more

dynamic way.


b. Bring e grant making decisions.


A Impact Assessment Project Report

truCSR conducted Impact Assessments for one of its projects, Personality Development for Youngsters. 


Project title: Gift A Future for underprivileged youngsters- Summer of Transformation 2022.

Link to view report: https://tinyurl.com/ywyux2pu 


All the best!

Popular posts from this blog

Streamlining Compliances vs. Avoiding Consequential Penalties: The Right Choice for Corporates

-
Author: CS Pradeep Kumar Parakh  Introduction: In today's complex business environment, companies face numerous regulatory requirements and compliances that must be adhered to. Failing to comply with these regulations can result in severe penalties, which may have significant repercussions on a company's reputation, financial standing, and overall operations. On the other hand, streamlining compliances can be a proactive approach that not only ensures adherence to the law but also protects the company from facing consequential penalties. To highlight the importance of making the right choice, we will examine a real-world example of an adjudication of penalty under Section 454 of the Companies Act, 2013, involving M/S Takraf India Private Limited for violating provisions of Section 135(6) of the Companies Act, 2013.   The Case of M/S Takraf India Private Limited: F.NO. ROC/ CHN/ TAKRAF/ ADJ Order/ S.135(6) / 2023, dated 11 July 2023, marks a significant event in the
Read more

CSR Policy Amendment Rules 2022

-
Image
Author: CS Pradeep Kumar Parakh | Date: 10-Oct-2022.       The CSR Policy Amendment Rules, 2022 (“the Amendment Rules, 2022”) were notified by the MCA vide Notification No. G.S.R. 715(E) dated 20 September 2022 amending the the CSR Policy Rules, 2014 (“the Original Rules”) with effect from 20 September 2022. The key changes made to the respective Rules, effects thereof, are summarized below:    Sr. No. Rule No. of the Original Rules Mode of Amendment Topic of Amendment Description of Amendment Amendment relevant to 1. Rule 3(1) Insertion of proviso CSR Committee A Company shall continue to have its CSR Committee, till any amount remain unspent for Ongoing Project and are transferred to a separate Bank Account called as “The Unspent Corporate Social Responsibility Account” which are spent by the Company as per its obligation towards CSR within a period of three financial years
Read more

Webinar on 'NGO Management in the Current Scenario'

-
  NGO Management in the Current Scenario  In the past decade, India has witnessed tremendous economic growth and been one of the world’s fastest-growing major economies. It is now ranked as the fifth-largest economy in the world in absolute GDP and the third-largest economy in terms of purchasing power. In terms of per capita GDP, however, India ranked 153rd in 2010 and increased only marginally to 144th in 2021. The trend has been further accentuated by the pandemic, which pushed more than 200 million Indians into poverty, widened the inequality gap, and hit disproportionately disadvantaged communities hard. For NGOs, in addition to an increase in the number of people who need assistance, there are challenges related to project management, fundraising, organisation management and governance. Fundraising space is rather shrinking, there are new compliances introduced that NGOs must adhere to and there are additional requirements from donors regarding systems and processes that must be
Read more