Is social investment genuinely adding to impact?

Sector think tank New Philanthropy Capital has published ‘Smart Money: understanding the impact of social investment – what NPC has learned so far’. It builds on NPC’s experience “to suggest how we might achieve better impact measurement for social investment in the future”.

The discussion article has some useful background, http://www.thinknpc.org/blog/smart-money/, or find the report at http://www.thinknpc.org/publications/smart-money/.