Activities
This initiative will be facilitated by True Impact (TI), with minimal demands on corporate members. Briefly, the stages include:
- Selection. Member companies provide TI a list of nonprofit hunger/food security partners to participate in reporting initiative.
- Training. TI holds training for nonprofits, including introduction to the standardized food security performance indicators and reporting platform.
- Reporting. Nonprofits create draft program reports, receive feedback from TI staff, and then finalize reports.
- Analysis. TI analyzes impact data, resources, and lessons learned and generates 1) private social impact reports for each participating company, and 2) an aggregate analysis report including benchmarks and best practices which is shared among corporate members.
The only demands on your time are two 90-minute conference calls -- one at the beginning of the initiative, to review and workshop the performance indicators; and one at the end, to review and workshop the analysis results and final reports.
Cost
One of the additional benefits of this initiative is sharing the cost of this research and development initiative.
This cost is $7,500 per participating company, which includes 10 nonprofit investments (cash grants or donations of in-kind goods or services). Additional investments may be included for $150 each.
Frequently Asked Questions
- Where do the indicators come from?
- We will propose draft indicators for this inititive, based on our 10 years of analysis and support for various hunger and food security initiatives, and based on the specific philanthropic investments submitted by members of the collaborative. Member companies and their nonprofit partners will have the opportunity to provide their input to guide their refinement.
- How will you collect the data?
- How does this relate to the Sustainable Development Goals (SDGs)?
- All of the indicators we use will map to the SDGs, to facilitate reporting.
- Can I join additional collaboratives like this?
- Yes! See the form below for additional social investment collaboratives currently being implemented, or soon to be so.
- Why limit the size of this collaborative?
- One of the benefits of participation is the ability to interact directly with the other members over the course of implementation. We find that limiting a collaborative to 5-7 members is ideal for maintaining high engagement, which benefits all members. That said, we will continue to add food security investment data to the benchmarking database even after this collaborative is completed -- which members can continue to access as long as they're on the True Impact platform.
- How can I learn more?
- Please contact us using the form below. We'd be happy to answer additional questions, or arrange a call at your convenience.
