Outcome Funding A New Approach to Targeted Grantmaking

At all of its levels, a primary function of government is to give out money. Government "funds" many groups to carry out public purposes. This book presents a new approach which shifts funding to investment. It replaces the traditional "Request for proposal" process with a sharp focus on key investor questions: "What are we buying?" & "What is the probability we will get it?" OUTCOME FUNDING asks grant-seekers to define their customers, their product & their performance target. The long proposal becomes a short plan as government (as well as foundations & other donors) seek to make their money work as hard as do their people. A key gain to grant-seekers; they no longer have to write one long document to get money & another to spend it. The framework presented has been tested in a number of states & local governments throughout the US. Authors are Harold S. Williams, President of The Rensselaerville Institute, Arthur Y. Webb, President & Chief Executive Officer of the Village Care of NY & William J. Phillips, Vice President & Chief Operating Officer of Programs & Products at The Rensselaerville Institute. Web site is: www.tricampus.org.Williams, Harold S. is the author of 'Outcome Funding A New Approach to Targeted Grantmaking' with ISBN 9780962979828 and ISBN 0962979821.