Do you want to have confidence that your donation is actually making a difference? The CCIF is designed to do just that.
The Canadian Charity Impact Fund (CCIF) is essentially a mutual fund adapted to the charitable sector - a donation portfolio that pools donations and delivers them to 10 high-impact charities.Click here to donate to the CCIF and select option 2 on the dropdown menu.
Charity Intelligence believes that the key question donors should ask of a charity is how much impact it is having per donation dollar. Rather than asking “For every dollar I give, what percent is going to the cause?” we should ask, “for every dollar I give, how many dollars’ worth of social value are being created?”, or simply, “how much good is my donation doing?”
This impact can be measured directly using what is known as “Social Return on Investment” (SROI), which is a ratio that measures the amount of value created per dollar donated. Some charities create high impact per dollar and others do not.
Charity Intelligence is using this new way of looking at charities to create the Canadian Charity Impact Fund, through which charities producing superior impact get funding support and charity beneficiaries get the returns. Ci believes the CCIF is the first of its kind in the world.
The charities in the CCIF provide the highest overall value for Canadians in need from a group of excellent charities that Ci and its partner, Success Markets Inc., have analyzed in detail.
If you donate $100 to a charity and they create $200 worth of social value, that is good, but if the charity can create $500 worth of value, that is even better. The CCIF contains 10 charities that, as a group, are likely to produce $900 in value or more from a $100 gift.
The social value created by these charities comes from both benefits provided to the charities’ beneficiaries, such as increased income, improved graduation rates, and improved health, as well as benefits to society in general, such as reduced social costs and increased tax revenue.
Click here to donate to the CCIF and select option 2 on the dropdown menu.