Announcing the Full Cost Project:
A Statewide Collaboration to Support Nonprofit Outcomes
All of us involved in philanthropy today—foundations, individual donors, corporations, government, nonprofits, and community leaders—recognize that the social sector is in the midst of a radical transformation.
Accordingly, grantmakers across California are examining their practices and looking to develop new approaches in order to increase impact in the communities they serve. Recently, many grantmakers have begun exploring an approach based on real cost funding—that is all of the necessary investments for a nonprofit organization to deliver on mission and to be sustainable over the long term. This approach to grantmaking starts with the end in mind—what are the outcomes you are looking to achieve and what does it really cost to deliver those outcomes?
Northern California Grantmakers, San Diego Grantmakers and Southern California Grantmakers are pleased to announce the launch of our new joint initiative—the Full Cost Project—to increase the impact of philanthropy across California. Created by funders for funders, the Full Cost Project aims to support foundations, individual donors, corporations, governments, and community leaders as they adapt their grantmaking to strengthen outcomes. All three of our regional associations are excited to take a leadership role in this growing national conversation through our year-long initiative.
The Full Cost Project
The Full Cost Project seeks to provide the knowledge and skills to support an outcomes-based funding approach and identify the best new practices and approaches to increasing impact. This statewide initiative will utilize a mix of educational, advocacy, and skills-building elements to engage funders in local conversations about what it takes to deliver real outcomes and to build the skills and capacity of program officers, trustees, and others engaged in grantmaking to provide real cost funding. For information and updates on project initiatives, upcoming convenings, additional resources, and news visit www.fullcostproject.org.
Regional Forums – Save The Dates!
As a first step, we hosted a series of forums and convenings across the state designed to shine a light on key considerations about full-cost funding and improving outcomes. Members of all three California regional associations attended these events, as well as government agencies and nonprofits.
In the fall of 2015, we hosted a series of sessions that support funders wishing to integrate full cost considerations into their grantmaking. The regional forums helped shape the content for these sessions.
The first phase of the Full Cost Project was made possible with generous funding from the California Community Foundation, The William and Flora Hewlett Foundation, The David and Lucile Packard Foundation, The Parker Foundation, The Ralph M. Parsons Foundation, and Weingart Foundation.
In phase two of the Full Cost Project, NCG, SDG, and SCG are collaborating with the Nonprofit Finance Fund (NFF) for content expertise and training design.
NCG, SDG, and SCG collaborated with David Greco at Social Sector Partners during phase one of the project for help with planning and execution.
For inquiries, please contact Kate Seely, Director of Leadership, Community and Culture at NCG, who is project managing the Full Cost Project, at email@example.com or 415-872-1021.
We sincerely hope you will participate in the project and we look forward to sharing updates as the project evolves.
Ellen LaPointe, President and CEO, Northern California Grantmakers
Christine Essel. President and CEO, Southern California Grantmakers
Nancy Jamison, Executive Director, San Diego Grantmakers