The Conference Board Publishes "Data-Driven Philanthropy: The Revolutionary Potential To Change Lives"

The Conference Board has published a new report authored by Alex Parkinson, entitled Data-Driven Philanthropy: The Revolutionary Potential to Change Lives. The piece is available for free to members of The Conference Board.

This report introduces Impact Genome Project’s (IGP) Price of Impact (POI) Index™, which uses “cost-per-outcome” figures to track the market price for making a positive change in an individual’s life. The report describes how corporate grant makers can use these figures to identify priority outcomes, allocate funding and set goals for each outcome, and benchmark program costs. It also analyzes IGP’s most recent economic development, social justice, and education data and provides actionable insights companies can use to lead the way in driving greater efficiency and impact in addressing social problems with their nonprofit partners.