FY25 Annual Goals

February 1, 2024-January 31, 2025

Overarching goal (North Star): Achieve an impact of >$100 in lifetime earnings growth per dollar spent

Organizational Development

Advance the organization's ability to deliver on our global mission and vision

Key Results

1. Engage with the GitLab board and staff to drive awareness, pride, and support for the Foundation’s ongoing work
2. Secure 3+ co-funders to double funds available on >100X shared projects of interest
3. Test relative income model side-by-side with absolute income model; collect data to inform future approach
4. Conduct 1+ alternative financing test(s) (e.g., for-profit social enterprise investment, low-interest loan) that predicts an >200X North Star ROI; collect data to inform future approach
5. Propose and fund new sub-strategies (e.g., population focus areas, industry focus areas, systems-level needs, public goods approach) to consistently achieve 100X NSROI for those living below a living wage

Measurement and Learning

Deepen the organization's ability to predict and assess impact and support grantee learning

Key Results

1. Validate results of Year 1 grants; collect lessons learned to iterate measurement approach
2. Expand North Star ROI model to support new types of work (i.e., relative income test, alternative financing tests)
3. Launch investments in evidence building to support grantees’ abilities to learn from and iterate on their programs; collect lessons learned to inform future investments
4. Reduce North Star ROI modeling to 5 business days and limit additional information requests to grantees to one additional exchange to ensure a consistent and efficient process

Grantmaking