Value for money strategy
VC is dedicated to maximising the effectiveness of contributions of its donors by delivering strong value for money (VfM).
VC embeds a value-first VfM approach into all its activities
To achieve the best value for money, VC understands that it needs to make the most effective use of its resources as possible. However, VC’s approach asserts that while costs are important, the primary focus of VfM should be to ensure that its partners, through the help of VC’s support, are delivering life changing outcomes. If life changing outcomes are not occurring, then VC’s work cannot be good VfM, no matter how cheaply it is delivered.
Read our VfM strategy here