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The Robin Hood Rules for Smart Giving

Michael Weinstein and Ralph Bradburd

Published in print:
2013
Published Online:
November 2015
ISBN:
9780231158367
eISBN:
9780231535243
Item type:
book
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231158367.001.0001
Subject:
Business and Management, Strategy

The Robin Hood Foundation is a charitable organization focused on alleviating poverty in New York City. One of the book's authors is the foundation's senior vice president. In that role he developed ... More


Overview of Relentless Monetization

Michael M. Weinstein and Ralph M. Bradburd

in The Robin Hood Rules for Smart Giving

Published in print:
2013
Published Online:
November 2015
ISBN:
9780231158367
eISBN:
9780231535243
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231158367.003.0001
Subject:
Business and Management, Strategy

This book proposes a framework by which to make smart philanthropic decisions. Philanthropic decisions refer to decisions driven by a mission other than the maximization of personal profit. Smart ... More


The Meaning of Present Discounted Values

Michael M. Weinstein and Ralph M. Bradburd

in The Robin Hood Rules for Smart Giving

Published in print:
2013
Published Online:
November 2015
ISBN:
9780231158367
eISBN:
9780231535243
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231158367.003.0005
Subject:
Business and Management, Strategy

This chapter examines the notion of present discounted value (PDV). Funders prefer benefits that accrue immediately to identical benefits that accrue in the future. There are three rationales for the ... More


Six Purposes

Michael M. Weinstein and Ralph M. Bradburd

in The Robin Hood Rules for Smart Giving

Published in print:
2013
Published Online:
November 2015
ISBN:
9780231158367
eISBN:
9780231535243
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231158367.003.0010
Subject:
Business and Management, Strategy

This chapter discusses the six purposes of Relentless Monetization (RM): shared vocabulary for internal deliberations, communication with grantees, transparency, diagnosis, ranking grants, and ... More


Conclusion

Michael M. Weinstein and Ralph M. Bradburd

in The Robin Hood Rules for Smart Giving

Published in print:
2013
Published Online:
November 2015
ISBN:
9780231158367
eISBN:
9780231535243
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231158367.003.0013
Subject:
Business and Management, Strategy

This book has demonstrated how Relentless Monetization (RM) provides a sound basis by which to practice smart philanthropy. RM offers a straightforward and transparent way to compare the value of one ... More


Basics of Monetizing Outcomes

Michael M. Weinstein and Ralph M. Bradburd

in The Robin Hood Rules for Smart Giving

Published in print:
2013
Published Online:
November 2015
ISBN:
9780231158367
eISBN:
9780231535243
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231158367.003.0003
Subject:
Business and Management, Strategy

This chapter discusses the principles behind monetizing individual outcomes, the analytical springboard for the concept of smart philanthropy. Funders virtually always have a choice of outcomes that ... More


Prominent Metrics Systems

Michael M. Weinstein and Ralph M. Bradburd

in The Robin Hood Rules for Smart Giving

Published in print:
2013
Published Online:
November 2015
ISBN:
9780231158367
eISBN:
9780231535243
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231158367.003.0011
Subject:
Business and Management, Strategy

This chapter compares Relentless Monetization with several prominent alternative systems of metrics, with particular emphasis on four large-picture questions. First, do the metrics systems tackle the ... More


Examples of Metrics by Grant: Multi-Outcome Interventions

Michael M. Weinstein and Ralph M. Bradburd

in The Robin Hood Rules for Smart Giving

Published in print:
2013
Published Online:
November 2015
ISBN:
9780231158367
eISBN:
9780231535243
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231158367.003.0007
Subject:
Business and Management, Strategy

This chapter provides examples of metrics by grant, that is, assigning a single monetary value to interventions that generate multiple outcomes. Two examples of Robin Hood Foundation initiatives for ... More


Completing the Analytical Traverse: Small-Bore Benefit/Cost Analysis

Michael M. Weinstein and Ralph M. Bradburd

in The Robin Hood Rules for Smart Giving

Published in print:
2013
Published Online:
November 2015
ISBN:
9780231158367
eISBN:
9780231535243
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231158367.003.0008
Subject:
Business and Management, Strategy

This chapter discusses the use of benefit/cost ratios to rank the relative impacts of philanthropic interventions, known as small-bore benefit/cost analysis. The ratios capture the collective ... More


Key Generalities: Q&A

Michael M. Weinstein and Ralph M. Bradburd

in The Robin Hood Rules for Smart Giving

Published in print:
2013
Published Online:
November 2015
ISBN:
9780231158367
eISBN:
9780231535243
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231158367.003.0009
Subject:
Business and Management, Strategy

This chapter outlines the key generalities of Relentless Monetization (RM) by answering questions often posed by funders, donors, and nonprofits seeking funders and donors. These questions include: ... More


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