In a blog for Stanford Social Innovation Review , Madeleine Taylor uses the case of the RE-AMP network to examine how participation in a network allows foundations to leverage their individual investment by surfacing multiple, ongoing opportunities for collaborative grant making.
W hile still an emergent grantmaking strategy, more foundations are investing in network building as an effective tool for achieving their goals and leveraging their dollars. Even so, network investing is not for the faint of heart. Foundations must consider the scope of resources required to initiate a network approach, and support the infrastructure and collaborative projects needed to produce results. Yet we see cases where foundations with modest corpuses have leveraged their charitable dollars many times over by engaging other funders as network partners, significantly increasing the pool of funding for a change initiative over time.
The team at Network Impact is interested in understanding the resource benefits and other kinds of value created through a network approach to network funding. To that end, the Garfield Foundation —a mid-sized philanthropy—kindly offered to share financial data related to its 10-plus year investment in RE-AMP .