As we worked to develop our PROI™ methodology over the last 18 months, we were often asked, “If organizations are reporting their own PROI™ data, how will you be able to make sure that it is accurate and they are not making up or exaggerating their data?”
Data integrity is a legitimate concern. To address this, we instituted an independent data verification process. Every organization that is selected to move on to our final round of the Political “Mutual Funds” application process will have its PROI™ data independently verified by our partner, Social Venture Technology Group.
While not every piece of data is audited, the verification process tracks the source and credibility of the reported data. It also verifies that the data is a reflection of the organization’s work. Based on the results of this independent verification, SVT Group will assign one of three ratings to each organization: 1) Data verified with no concerns; 2) Data verified with some concerns; or 3) Data provided could not be verified.
Stay tuned… Next week we will be announcing the organizations that made it to this final round of our Political “Mutual Funds” application process.
Showing posts with label SVT Group. Show all posts
Showing posts with label SVT Group. Show all posts
Thursday, October 18, 2007
Political "Mutual Funds": Third-Party Verification
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Alison Koler
at
3:13 PM
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Labels: New Progressive Coalition, political giving, Political Mutual Funds, Political Return on Investment (PROI), PROI data, SVT Group
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