The numbers: 314 nominations, 133 applicants, 43 winners
What we required: The executive director’s statement explaining mission and strategy; two years of audited financials and tax filings; and a 35-question survey regarding management, vision, and metrics. This year we added a second-stage application to assess core winners on their ability to create and sustain corporate partnerships.
Who did the work: Eight Monitor Group consultants invested 3,000 hours in the primary evaluation. We also recruited two teams of experts: a selection committee to choose the winners and a methodology board to help identify successful partnerships. Those included:
Selection Committee: Beth Anderson, Center for Advancement of Social Entrepreneurship, Duke University; David Gergen, Center for Public Leadership, Harvard University; Thomas McLaughlin, consultant, Grant Thornton LLP; Billy Shore, founder and executive director, Share Our Strength
Methodology Board: John Elkington, chief entrepreneur, SustainAbility; Bradley Googins, Center for Corporate Citizenship, Boston College; Jeffrey Hamaoui, founder, Origo Social Enterprise Partners Inc.; Jane Nelson, Kennedy School of Government, Harvard University
What we looked for: Using Monitor’s methodology, we calculated 15 scores for various aspects of performance in five categories:
Social impact: Social value created, and demonstrated potential to stimulate systemic improvement in the creation and delivery of a social good.
Aspiration and growth: The desire and ability to achieve greater social impact over time.
Entrepreneurship: Effectiveness at galvanizing resources for social impact and exploiting the discontinuities created by change.
Innovation: The originality and strength of an organization’s “big idea” and/or its business model.
Sustainability: The ability to maintain the impact achieved through an organization’s “big idea” over an extended period of time.