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Growing the ECD Funder Community Insights from Silicon Valley Community Foundation and Promise Venture Studio Funder Research

Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

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Page 1: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Growing the ECD Funder Community

Insights from Silicon Valley Community Foundation and Promise Venture Studio

Funder Research

Page 2: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Welcome!Goals:● Reflect on field research to initiate a collaborative discussion about

how to collectively grow the community of funders in ECDNorms:● Start and end on time● Growth mindset, safe space● Engagement and interaction

○ Video enabled all the time, audio on mute when you’re not talking

○ Expect some ‘warm’ calling to maximize diverse perspectives○ Use Zoom chat to ask questions anytime

Page 3: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Who’s Who in the Zoom Room

1

3

Your name

Your motivations and aspirations for funding in ECD (in 30 seconds)

2 Your organization’s name

Page 4: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

The investment mismatch

Page 5: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

The investment mismatch - public funding

Page 6: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

The investment mismatch - philanthropic funding

Page 7: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Our collective problem statement...

“How do we (current ECD funders) grow and build the capacity of the ECD

funder community?”

Page 8: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Executive Summary

Promise Venture Studio and the Silicon Valley Community Foundation’s Center for Early Learning conducted research to inform their shared objectives of recruiting more engaged Early Childhood Development (ECD) funders, investors, and philanthropists nationally and locally.

Surveys and qualitative interviews with 150+ funders led to three main insights:● Common key messages are most influential in engaging potential ECD

funders● Funders experience similar challenges investing in the ECD field and share a

vision of opportunities to overcome those obstacles● Funders express most acute needs for support at the start and end of the

funding cycle

Page 9: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Together, SVCF CEL and Promise surveyed the field of ECD funders to gain insight and take action

PHASE 1: MESSAGING AND MOTIVATIONS

RESEARCH

SVCF conducted an online survey and telephone interviews to identify motivations and what messaging is most persuasive to prospective and current ECD funders.

PHASE 2: SUPPORT RESEARCH

Inspired by SVCF, Promise conducted an online survey and qualitative group design sessions focused on funder support needs, challenges, and opportunities.

PHASE 3: TAKING ACTION

Leveraging the insights from their research, SVCF and Promise have come together to create resources and support programs for new and existing funders in ECD.

1 2 3

Page 10: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

* N=88, these demographics are from the second phase of research only

Foundation Types Geographic Funding Focus

44%

23%

10%

25%

19%

17%

16%

12%

10%

4%

19%

Family Foundations

Community Foundations

Independent Foundations

Corporate Foundations

Other

Single city or county

Multi-city or county

Single state

National

Multi-state

International

Responding funders represent a diversity of foundation types and funding geographies

Page 11: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Funders want to maintain and increase deep levels of engagement in early childhood

want to increase their funding

Current engagement in ECD:

50%

46%

3%want to decrease their funding

want to maintain their funding

Future engagement in ECD:

59%Deep

18%Moderate

17%Slight

5%None

Page 12: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

● Diversity, equity, and inclusion (85%)

● Social emotional learning (83%)

● Child care supply and quality (80%)

● Intergenerational anti-poverty/economic mobility (78%)

● Ages 3-5 (78%)

● Early language/literacy (77%)

● Early adversity/resilience (77%)

● Ages 0-2 (76%)

Topics of greatest interest to funders Categories of funders’ current investments

Established funders have diverse priorities and impact targets

Family/Parent Support

28%

26%

25%

23%

20%

Education

Child Development

Advocacy

Childcare

* See a complete list of interest areas surveyed in the appendix

Page 13: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Three consistent messages stood out as most influential in attracting current ECD funders

Top Messages that Attracted Current ECD Funders

Research proves that early childhood investments improve long-term

educational outcomes for children

Investing in early childhood improves equity and access for

underserved populations

The return on investment in early childhood is very high compared to

other social investments

1

2

3

Page 14: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Once established, funders are driven by four key motivations

Brain Science. The current research

on brain science was compelling and

critical to their decision-making.

Social justice. ECD as a way to

protect some of the most vulnerable

and voiceless in our society.

Overlap with other causes. ECD as a

way to address or tackle other

pressing issues, such as academic

achievement or community health.

Innovation opportunities. The lack

of early childhood systems and

attention to the field provide many

opportunities for innovation

Top Motivations for Established Funders

1

2

3

4

Page 15: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Let’s discuss!

● What messages and motivations from our research resonate with your experience as an investor in ECD?

● What messages and motivations (do or don’t) resonate with other funders you’ve engaged about ECD?

Page 16: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

We need to better make the case for ECD

Complexity & fragmentation make opportunities opaque

Local context matters & makes scaling difficult

Funders identified three broad themes of challenges and opportunities to overcome them

1

2

3

*The bullet points on the following 3 slides are directly from research participants.

Page 17: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

We need to better make the case for ECD

Complexity & fragmentation make opportunities opaque

Local context matters & makes scaling difficult

We need to better make the case for ECD

● Better marketing: connect ROI, stories, compelling research into well crafted campaigns.

● Build on early momentum for ECD in social innovation circles.

● Connect ECD to other problems with traction in adjacent fields, e.g. immigration, workforce, DEI.

● Collective Impact Model is effective: built case w/ memorable stats & stories paired w/ solutions.

Themes Challenges Opportunities

● New donors experience information overload and are often overwhelmed with the complexity of the issues.

● General public has limited understanding of the case for ECD & evidence base.

● It’s hard to track outcomes & impact, especially long term.

● Communication and comparison of program-level impact is difficult and there are often unrealistic expectations of outcomes.

1

Page 18: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

We need to better make the case for ECD

Complexity & fragmentation make opportunities opaque

Local context matters & makes scaling difficult

Complexity & fragmentation make opportunities opaque

● Create platform to highlight most promising ventures and organizations across priority challenges and opportunities.

● Align and connect funders across areas on shared thematic interests.

● Encourage orgs working on the same issue to collaborate more frequently on best practices.

Themes Challenges Opportunities

● Early childhood issues are integrated within systemic challenges and require long-term commitment.

● Little uniformity or structure in the ECD system makes it harder to understand and measure.

● Funders are reluctant to work through unfamiliar program delivery channels (e.g. social services).

● Focus on individual investment strategies and program areas makes it hard to achieve pooled impact.

2

Page 19: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

We need to better make the case for ECD

Complexity & fragmentation make opportunities opaque

Local context matters & makes scaling difficult

Local context matters & makes scaling difficult

● Better map and understand local systems at play.

● Help defining gap areas and how to either attract new innovations or help existing players to innovate.

● Help “selling” programs to local nonprofits in position to offer them to the community.

Themes Challenges Opportunities

● Scaling with fidelity requires working in local contexts and designing programs for scale from the start.

● Finding the right ideas and connecting to community strengths.

● If there aren't existing solutions locally, we have to first "sell" programs to grantees. They have to do the heavy lifting, and some aren't conscious of the need or feel unable to tackle new programing.

3

Page 20: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Let’s discuss!

● Which of these three challenges and opportunities identified through our research resonate most with your experience in ECD?

● What challenges or opportunities are missing?

Page 21: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Funders are asking for a variety of supports across the funding cycle

● Local Funder Meetups

(75%)

● Virtual Workshops (82%)

● Index of Fundable Ventures (63%)

● Virtual & In-Person ‘Demo Days’ (75%)

● 1:1 Venture Intros & Matchmaking

(51%)

● Topical Investment Primers (70%)

● Sourcing of ventures (57%)

● Diligence (44%)

● Execution of investments (33%)

● Portfolio Support (43%)

● Impact Evaluation (60%)

● Partner with Others (73%)

Attract

Establish

Commitment

Grow

Commitment

When support is needed Type of support preferred

Page 22: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

EC Funder Map

Funder Symposium

We are collaborating on resources to support the pressing needs of funders

Venture Index

Show+Tell Series

The field’s most comprehensive database of early childhood ventures

Virtual series showcasing the most promising innovations in ECD

The field’s most comprehensive philanthropic map of EC Care and Education investments

Hosted by SVCF

Why Invest in ECDA compelling case to potential funders on the importance of investing in early childhood

Investment Primers Introductions to key topics & resources in ECD

‘Why Invest’ FAQ Resource

Investment Primers

Venture Index

Show+Tell Series

EC Funder Map

Coming 2020

Solution Details Links

Attract

Establish

Commitment

Grow

Commitment

Family Story ProjectMultimedia project showcasing family journeys preparing their child for school

In progress

Page 23: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

ECFC Early Childhood Funding Map

Page 24: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Promise ‘Why Invest in ECD’ FAQ

Page 25: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Promise 2-Page ECD Funder Primers

Page 26: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Promise ECD Venture Index

● 185+ Organization Profiles with demo videos, theories of change, supporting research

● Searchable / sortable by key work, impact outcomes, geography, org structure, & more

Page 27: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Show+Tell is a first-of-its-kind virtual series showcasing the most promising innovations in early childhood development with the potential for scaled impact for children facing the greatest adversities. Learn more & Register Here

2020Show+Tell 1Supporting

Parents in the Early Years

Q1

Show+Tell 2Childcare Supply & Quality

Q2

Show+Tell 3Social

Emotional Learning

Q3

Show+Tell 4Equity &

Inclusion in ECD

Q3/4

Local watch parties and gatherings will be held across the country to catalyze and build community-level momentum for innovation and impact in ECD

You’re invited: Join us for Show+Tell, a virtual innovation series for ECD funders in 2020

Page 28: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Show+Tell Virtual Demo Series

Page 29: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Let’s discuss!● Which of the outlined

strategies and solutions to better support funders are most intriguing to you?

● What additional ideas do you have for ways to increase funder engagement in ECD?

● How can SVCF-CEL, ECFC, & Promise can support best these efforts?

Page 30: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Contact Us

Gabe [email protected]

promisestudio.org

Michelle Sioson [email protected]

siliconvalleycf.org/cel

Page 31: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Appendix

Page 32: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Parent/child mental health 73%

Community/stakeholder engagement 72%

Early Math/STEM 69%

Policy and advocacy 68%

Developmental Screening Assessment and Referrals 67%

Data and technology 65%

Special Needs 64%

Maternal health 59%

Early childhood health and pediatrics 59%

Prenatal care/services 53%

All Responses to Broad Subject Matter Interest

DEI 85%

Social Emotional Learning 83%

Parent/caregiver education and support 83%

Child Care Supply and Quality 80%

Intergenerational anti-poverty/economic mobility 78%

Ages 3-5 78%

Early Language/Literacy 77%

Early adversity/resilience 77%

Ages 0-2 76%

Executive Function & Self Regulation 73%

EC workforce sourcing and development 73%

Page 33: Growing the ECD Funder Community · Funders experience similar challenges investing in the ECD field and share a vision of opportunities to overcome those obstacles Funders express

Funders Know the Challenges & Opportunities in ECD

We need to better make the case for ECD

Complexity & fragmentation make opportunities opaque

Local context matters & makes scaling hard

● Better marketing: connect ROI, stories, compelling research into well crafted campaigns

● There is early momentum in social innovation circles (on coasts) -- need to maintain and move inland

● Additional reports quantifying ROI / cost ● Connect ECD to other “attractive” problems in adjacent

fields, e.g. immigration, workforce, DEI ● Collective Impact Model from GLR is effective: built case

w/ shocking numbers and paired w/ solutions

Themes OpportunitiesChallenges

● Invest in data infrastructure on care landscape (+ other areas) to increase visibility on opportunities & challenges

● Align funders & connect across broader ECD ecosystem● Get nonprofit orgs working on the same issue to

collaborate more frequently on best practices● Better explain local systems at play● Leverage state-wide QRIS and other quality guides● Topical or thematic ECD groups● Have a place to highlight promising ventures.

● Help “selling” programs to local nonprofits in position to offer

● Help defining gap areas and how to either attract new innovations or help existing players to innovate

● Coordination between local school districts, funders, and Departments of Ed.

● Scaling w/ fidelity requires working in local contexts and designing programs for scale from the start

● Finding the right ideas and connecting to community strengths● If there aren't existing solutions to locally, we have to first "sell"

programs to grantees. They have to do the heavy lifting, and some aren't conscious of the need or feel unable to tackle new programing.

● Early childhood issues are integrated within systemic factors, which makes it hard to understand and address and requires long-term commitment

● Little uniformity or structure in the EC system - makes it harder to understand and measure

● Funders reluctant to work through channels they aren’t familiar with (e.g. social services)

● Everyone likes their own idea or strategy; hard to get pooled impact.

● New donors experience information overload and are often overwhelmed with the complexity of the issues

● Still basic disagreement on the case for ECD & evidence base ● Hard to track outcomes & impact, especially long term

measurement ● Over-attachment to metrics in areas that are harder to assess● Funder expectations of potential outcomes often do not match

what is feasible or realistic -- Payoff takes a long time ● Need studies to highlight high-quality programming