Learning for Social Impact: What Foundations Can Do

Learning for Social Impact: What Foundations Can Do

A white paper urging grantmakers to adopt social impact measurement practices. This paper focuses on strategy to drive best practices in portfolio-level impact investment. On page 23, the paper provides a survey of five best practices, recommending IRIS as a common taxonomy to guide data gathering.

"A number of efforts are under way to help social enterprises share information on the social impact they generate. These include common standards and platforms like the B Rating System, the Global Impact Investing Ratings System (GIIRS), and the Impact Reporting and Investment Standards (IRIS), which help social investors and social enterprises communicate and agree on measures of value."

Support for IRIS, page 17