Slingshot is an independent assessor of poverty-fighting impact. Slingshot’s mission is to create a demonstrable reduction in poverty by promoting a results-driven poverty-fighting ecosystem in Memphis, TN. To accomplish this mission, Slingshot performs three critical functions.
First, Slingshot helps identify nonprofits with the evidence or potential to create the most poverty-fighting impact and provides an objective assessment of their performance.
Second, Slingshot works alongside nonprofits to identify opportunities for growth and enhance their capabilities and impact.
Third, Slingshot directly invests, and influences further investments, to help amplify high-impact interventions and address opportunities for growth.
Our Measurement Funders, alongside our Board of Directors, are committed to covering all operating costs. This unique framework guarantees that every cent of every dollar invested into Slingshot's IMPACT Fund will directly impact our city's highest-performing poverty-fighting programs.
Slingshot will strive to invest each dollar in the most expeditious and strategic way possible. Just as earlier investments in equities grow faster due to compounding interest, earlier investments in poverty reduction can reduce more suffering over time. We don’t wait.
Our data-driven analysis provides a tool by which to achieve consistently powerful outcomes, and it does so in a way that gives investors clear evidence (good or bad) about the impact of their actions.
Creating impact often requires a calculated and bold investment. When we pool our poverty-fighting investments, we gain the opportunity to make the scalable, high-impact investments that none of us could likely make alone.
Slingshot helps various partners explore and pursue public funding. These funding opportunities free private resources to invest in new innovation, new partner organizations, and new measurement systems that will lead to even more outside support. It’s a cycle that can grow poverty-reducing solutions with exponential speed.