CEP's Definition of Philanthropic Effectiveness

Philanthropy can take on pressing challenges that other actors in society cannot, or will not. Given the unique opportunity to deploy tax-advantaged dollars for good, individual and institutional givers alike have an imperative to maximize their effectiveness, and therefore, their impact. Effectiveness must be grounded in the social, cultural, and historical context of the issues being addressed. Effectiveness also requires an understanding that while a sense of urgency is crucial, results do not always come easily or quickly.