· Real-time evaluation memos provide data-based feedback in a timely manner to inform decision making.
· Memos must be concise and include both data and expert synthesis and interpretation.
· The foundation must have a learning culture if the memos are to most useful; there must be time to reflect on the content and implications.
· The balance between data quality and timeliness must be managed and will be dependent on the topic.
· While useful for program management, these memos do not provide the kind of summative information that board members and other stakeholders may require.
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Hwalek, M., & Grcich Williams, M. (2011). The Real-Time Evaluation Memo: A Tool for Enabling Evaluative Thinking and Learning in Foundations and Nonprofits. The Foundation Review, 2(3). https://doi.org/10.4087/FOUNDATIONREVIEW-D-10-00024