CED Tools: A Prototype as Applied Research
Developmental Evaluation (DE) helps community organizations increase the impact of their work by providing real-time data and feedback to help them develop and adapt an intervention as it unfolds. It is particularly well-suited to initiatives that are being implemented in constantly and quickly changing contexts, including groups that are:
DE serves a different purpose than traditional forms of evaluation. In contrast to formative or summative evaluation, developmental evaluation supports the creation, development or radical adaptation of a model in real-time. This might mean:
Groups using DE conduct a series of analyses to better understand how the initiative is being implemented, how well it is working, and how it should be adapted.
A Developmental Evaluation might use a range of different data-gathering techniques, such as interviews, surveys, or focus groups. Organizations typically work with an experienced internal or external developmental evaluator to customize the design of the evaluation to their particular situation. The evaluator then gathers data and provides feedback to decision makers in real-time.
In determining whether to use DE, organizations should consider both whether their intervention is suited to DE, and whether the organization itself is ready to adopt DE.
Content for this module has been developed by SiG@Waterloo and Here to There.
*adapted from Michael Patton’s comprehensive book on DE - “Developmental Evaluation; Applying Complexity Concepts to Enhance Innovation and Use”, pg 46
Social Finance
Social finance is an approach that enables community organizations to borrow money to enhance their impact. Organizations can complement grants, contracts, and other forms of earned income by accessing repayable investments to fund future work. These investments can be used to generate savings or income to repay investors. In many cases, repayment terms are negotiated to meet the needs of the organization.
Foundations, credit unions, and other social finance investors are excited by new ways to use their capital to generate a social return as well as a financial return. Many are looking for opportunities to make repayable investments in community organizations.
Social finance tools can help diversify financing sources. As investors require repayment, these tools are a source of cash, but do not replace revenue requirements. They are intended to complement grants, government contracts and contribution agreements, donations, and earned income.
In determining whether and how to use social finance tools, community organizations should consider:
The Innoweave Social Finance Workshop helps leadership teams of community organizations assess how social finance tools can work for them. Leadership teams will leave with an understanding of how to:
Content for this module has been developed by
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This webinar is being hosted as part of the Youth Social Entrepreneur Webinar Series: