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About PhilanTech13% of every foundation grant dollar is spent on grants administration.¹ That means thirteen cents on every dollar given to nonprofits – over $5 billion annually – is not being spent on service delivery. That amounts to a lot of missed opportunities for impact. PhilanTrack is an online grants management system designed to address this inefficiency and help social sector organizations get maximum social impact. Grant funding is an essential factor in the operations of many nonprofits. In the current economy, more than ever, nonprofits are struggling to deliver valuable products and services to people and communities in need. The organizations that fund nonprofits are looking for the most effective ways to make funding decisions, and to evaluate the impact of their donations. That’s why we created PhilanTrack. The PhilanTrack online grants management system helps both funders and nonprofits streamline the grants management process and maximize social impact. This leading grants administration system centralizes and streamlines grant proposals, reports, and overall management and enables valuable resources to be redirected toward service delivery and greater social impact. When you know more about it, you’ll understand why we say PhilanTrack is the future of grants management, helping all partners in the funding equation to maximize impact with good information. So please contact us to learn how PhilanTrack can help your organization maximize its social impact and get a bigger bang for every buck.
Indicators of Effectiveness, The Center for Effective Philanthropy, 2002 |
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