Essential Accompaniments to an impact report
Making it easier for social purpose organizations to apply for funding.
The Common Form includes organizational information.
This will make it easier for social purpose organizations to apply for funding and investment.
An established standard for organizational information means that information can be entered once and shared across funders, investors, researchers, government, and groups that are working toward common goals.
Information in the Common Form:
Name of organization, address, the charity or business number.
Information that rarely changes
Mission and vision statement, description.
Key financial metrics that are predictive of financial health.
These ratios are very simple, but they gain a lot in meaning when you’re able to compare them across organizations that are doing the same thing you’re doing.
Common Organizational Information
This document outlines the content of a common organizational profile that will convey to investors and other funders details about the type and nature of the organization.
The Common Form is moving forward at a good pace.
Enter core information once.
Kate Ruff and Elizabeth Searing describe the organizational information and financial information that are part of this standard.
More like this
For the standard to grow, people and organizations need to be able to demonstrate that they are using the Common Approach. Social purpose organizations aligning with all five practices, trainers and consultants, developers can request use of the identifier.
Bryn Sadownik (Vancity) and Rachel Berdan (Pillar) are Common Approach Champions who are including the Common Approach in their capacity building work.
Meet consultants Cathy Lang, Kerri Klein, Laurie Ringaert, and Garth Yule. They have incorporated Common Foundations into their work with social purpose organizations.