Welcome to Issue 10 of the Philanthropy Impact Magazine. We are at an exciting moment in the history of philanthropy and social investment. Measuring return on philanthropic and social investment is more and more an imperative. At this time, theory and art combine. Science and logic work alongside intuition and creativity, but with a shifting emphasis towards evidence. The relationship between money and mission and the ROI in philanthropic giving and social investment is a hot topic. Philanthropy Impact members and key stakeholders debate how to measure impact as well as the different types of ROI funders are looking for from their investment. Social impact measurement is the discipline of understanding and reporting on social, environmental and other changes effected by organisations for their stakeholders. Whether you are engaging in philanthropy or social investment, understanding social impact and how it is measured is important, and the only way we can truly understand the relationship between money and mission.

When we called for articles on impact measurement, the response was overwhelming. With over 60 high-quality articles submitted, we did not want to limit the debate. Therefore, all four issues of Philanthropy Impact quarterly magazine throughout 2016 will address the subject. We bring you the perspective of professional advisors and their clients, philanthropists and social investors, and trusts and charities assessing the ROI and impact of their philanthropic and social investments. We hope that you find a deeper exploration of this important topic stimulating and informative.

Editor

This issue is sponsored by the Arcus Foundation