What Metrics Matter Most in Nonprofit Medical Research? Options

The FasterCures Philanthropy Advisory Service wants your input on what matters most when evaluating nonprofit disease research foundations and their impact on the discovery and development of new cures!

Last year, we launched the PAS Web site as a resource for philanthropists looking to better understand and evaluate the R&D landscape, and strategically guide their investment dollars in high-impact areas. In our first phase, we evaluated 23 organizations using a set of metrics developed in consultation with experts in nonprofit management, organizational effectiveness, and medical research. This evaluation tool is designed to help measure the performance of nonprofit research organizations, looking at everything from accountability to collaboration to overall contributions to the field. Many of the metrics are based on effective practices identified
through our work with TRAIN organizations like yours.

Now that our first year is complete, we’re taking another look at the framework to learn how we can make it an even more effective tool—not just for use by philanthropists looking to evaluate investment opportunities, but also for organizations like yours that are seeking ways enhance your effectiveness. From operational processes to research effectiveness, tell us what measures you think matter most in evaluating nonprofit disease research foundations and their impact on the discovery and development of new cures.

Review our metrics and tell us how we can make them better and stronger. You can share your thoughts on this thread, by email to philanthropy@fastercures.org, or in the comments section on the Web link provided above. We appreciate your input and believe that, together, we can inform and increase the flow of philanthropic dollars to this critical field of research.