Foundation Practice Rating

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;

Accountability – how anyone who wants to examine the work or decisions of a foundation can do so, and make their voice heard.

Transparency – does a potential grantee have access to the information that it needs to be able to contact the foundation and decide whether to apply for funding in advance of any grant?

Diversity – the extent to which a foundation reports on diversity of staff and trustees, and how well it caters for people who prefer/need to communicate in a particular way.

 

 

  • 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.

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Are you an ACF member looking forward to learning and sharing your knowledge with peers? ACF member-led network meetings continue to run online free of charge. Up next:
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Book here https://t.co/UMETFOIFJt
On what would you like grant-making foundations to be assessed (re #diversity, accountability, transparency)?
You have nine days to tell us, in our consultation for the Foundation Practice Rating:
https://t.co/eNKN5CG0b3
@FPracticeRating #philanthropy #charity #giving
Have you taken part in our survey yet? The Foundation Practice Rating will repeat annually, and we'd be grateful for your thoughts and feedback on the #FPRReport2022 for us to take forward into next year.

Take part in the consultation here: https://t.co/vMlvwKqWEn https://t.co/E5vxtU6unm
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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
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@DaniellePalmour highlights that @FPracticeRating is not a ranking and doesn't measure foundations relative to one another but seeks to use publicly available information to rate UK grant-making foundations on their diversity, accountability, and diversity