The Robin Hood Rules for Smart Giving by Michael Weinstein

The Robin Hood Rules for Smart Giving

byMichael Weinstein, Ralph Bradburd

Hardcover | May 14, 2013

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The Robin Hood Foundation is a charitable organization focused on alleviating poverty in New York City. Michael M. Weinstein is the foundation's senior vice president. In that role he developed its metrics-based approach, called "relentless monetization," to ensure that the money the foundation receives and grants is used most effectively. Ralph M. Bradburd has served as long-time consultant to Robin Hood on matters of metrics.

In this book Weinstein and Bradburd show how to implement the Robin Hood approach and explain how any nonprofit organizations or philanthropic donor can use it to achieve the greatest benefit from every philanthropic dollar. Drawing on their extensive knowledge, the authors devote specific chapters to the difficulties most frequently encountered by donors trying to measure the benefits of their initiatives.. This book provides straightforward, targeted advice for funding "smart" nonprofit programs.

About The Author

Michael M. Weinstein is the senior vice president of The Robin Hood Foundation and holds a Ph.D. in economics from the Massachusetts Institute of Technology. He served on the editorial board of The New York Times and as its economics columnist during the 1990s. He was the founding director of the Greenberg Center for Geoeconomic Studi...
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Details & Specs

Title:The Robin Hood Rules for Smart GivingFormat:HardcoverDimensions:176 pagesPublished:May 14, 2013Publisher:Columbia University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:023115836x

ISBN - 13:9780231158367

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Table of Contents

Preface1. Overview of Relentless Monetization2. Translating Mission Into Mission-Relevant Outcomes3. Basics of Monetizing Outcomes4. Those Pesky Counterfactuals5. The Meaning of Present Discounted Values6. Examples of Metrics by Outcome7. Examples of Metrics by Grant: Multi-Outcome Interventions8. Completing the Analytical Traverse: Small-Bore Benefit/Cost Analysis9. Key Generalities: Q&A10. Six Purposes11. Prominent Metrics Systems12. Reflections on Risk13. ConclusionAppendix A: Counterfactual Complications: Shared ResponsibilityAppendix B: Choices Between More and Less Risky InitiativesAppendix C: Calculating a Program's Expected Well-being ImpactNotesIndex

Editorial Reviews

[Weinstein & Bradburd] provide detailed guidance on how to make choices that have real, positive impact in the world.