ImpactMatters was an American
charity assessment
Charity assessment is the process of analysis of the ''goodness'' of a non-profit organization in financial terms. Historically, charity evaluators have focused on the question of how much of contributed funds are used for the purpose(s) claimed b ...
organization that
evaluates the impact of
charitable organization
A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, religious or other activities serving the public interest or common good).
The legal definition of a ...
s.
History
ImpactMatters was founded in 2015
by
Dean Karlan
Dean Karlan is an American development economist. He is Professor of Economics and Finance at Northwestern University where, alongside Christopher Udry, he co-founded and co-directs the Global Poverty Research Lab at Kellogg School of Management. ...
and
Elijah Goldberg
Elijah ( ; he, אֵלִיָּהוּ, ʾĒlīyyāhū, meaning "My God is Yahweh/YHWH"; Greek form: Elias, ''Elías''; syr, ܐܸܠܝܼܵܐ, ''Elyāe''; Arabic: إلياس or إليا, ''Ilyās'' or ''Ilyā''. ) was, according to the Books ...
at
Yale University
Yale University is a Private university, private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the List of Colonial Colleges, third-oldest institution of higher education in the United Sta ...
and launched its charity assessment tool in November 2019.
Counter to other evaluators which focus on
overhead costs
In business, overhead or overhead expense refers to an ongoing expense of operating a business. Overheads are the expenditure which cannot be conveniently traced to or identified with any particular revenue unit, unlike operating expenses such as r ...
, ImpactMatters instead prioritized
cost-effectiveness analysis
Cost-effectiveness analysis (CEA) is a form of economic analysis that compares the relative costs and outcomes (effects) of different courses of action. Cost-effectiveness analysis is distinct from cost–benefit analysis, which assigns a monet ...
.
Funding for the organization came from the
Bill & Melinda Gates Foundation
The Bill & Melinda Gates Foundation (BMGF), a merging of the William H. Gates Foundation and the Gates Learning Foundation, is an American private foundation founded by Bill Gates and Melinda French Gates. Based in Seattle, Washington, it w ...
, Goldsmith Foundation,
Mulago Foundation
The Mulago Foundation is a private foundation focused on high impact philanthropy: investing in charities and philanthropic opportunities that have the highest impact. The foundation was originally envisioned by Rainer Arnhold, a San Francisco pe ...
,
StickK and other private donors.
In October 2020, ImpactMatters announced their acquisition by
Charity Navigator.
See also
*
Charity Navigator
*
Effective altruism
Effective altruism is a philosophical and social movement that advocates "using evidence and reason to figure out how to benefit others as much as possible, and taking action on that basis". People who pursue the goals of effective altruism, cal ...
*
GiveWell
GiveWell is an American non-profit charity assessment and effective altruism-focused organization. GiveWell focuses primarily on the cost-effectiveness of the organizations that it evaluates, rather than traditional metrics such as the perce ...
References
External links
ImpactMatters' official website
Organizations established in 2015
2015 establishments in Connecticut
Organizations based in the United States
Yale University
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