We wish we had a nickel for each time we've had a discussion about helping grantees become high-performance organizations and heard a response like this from a funder: "I get it, but we're not exactly the Gateses or Waltons."

We cannot in good conscience jump into this newsletter without acknowledging what we're feeling in the aftermath of Charlottesville: Can this really be happening in America?! Can history really be marching, in jackboots and loafers, in reverse?

Last month, we shone a bright spotlight on Impetus-PEF, a London-based foundation that is doing a great job of investing in the performance of its grantees. The Impetus-PEF story is so rich with insights that we want to put more meat on the bones here.

In March, we focused our monthly update on Impetus-PEF, a London foundation "walking the talk" of high performance--not just by investing in the performance of its grantees but also by looking introspectively at its own performance.