The Robin Hood Foundation is created by the hedge funds and financial managers who aim to fight the poverty by serving their organization as the platform which could financially source the non-profit organizations. In the wake of the global financial crisis, the financially challenged were the most effected, thus there was a dire need to introduce programs that would best serve the purpose of fighting poverty. Michael Weinstein, being the organization’s senior vice president, has been extensively using the benefit-cost approach in order to clearly determine the effectiveness of program grants. There can be numerous questions that can be asked at this stage. How active is the method? Is a higher BC ratio an indication of a good program? In three to five years’ time, how can one know if the program really succeeded?
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