Foundation Practice Rating
What is the Foundation Practice Rating?
Foundation Practice Rating is:
a rating system assessing foundation practices in relation to accountability, transparency and diversity;
- based on consultation with the wider voluntary sector about what matters to them in their interactions with foundations;
- drawn from existing standards and good practice sources;
- an intervention to create incentives to improve how foundations fund organisations and individuals;
- funded by trusts and foundations who are also rated and driven to improve.
Foundation Practice Rating is not:
- a ranking. In a ranking foundations are ranked from best to worst. In our rating, we report the results by letter grade, A, B, C or D and as such all foundations could be in the A category or all could be in the D category. We do not differentiate between different As, an A is an A in our rating;
- an attempt to name and shame trusts;
- designed to “catch out” foundations with poor practice. You can refer to our how to do well document to help improve your practice.
Smaller funders’ network, 19 May
Tackling poverty network, 21 June
Book here https://t.co/UMETFOIFJt
You have nine days to tell us, in our consultation for the Foundation Practice Rating:
@FPracticeRating #philanthropy #charity #giving
Take part in the consultation here: https://t.co/vMlvwKqWEn https://t.co/E5vxtU6unm
Accreditation has become a UK benchmark of responsible business, shaping the debate on low pay and changing thousands of lives.
Read more: https://t.co/l3RsGLPahk https://t.co/gg4u8kqvwx