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.