ETEN Investment Strategy and Design - Fueling All Access Goals
ETEN Investment Strategy and Design focuses on fueling the accomplishment of the All Access Goals related to Bible translation and access, emphasizing collaboration, quality, innovation, and operational transformation to achieve impactful outcomes.
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ETEN Investment Strategy and Design November 19, 2019
Investment Design Donor Advised Fund Passion, history, orientation = Bible Translation Concentration of focus / economy of scale 5 Core Resource Partners Others on occasion Annual Budget Monthly allocation
Investment Strategy ETEN investment strategy is to fuel the accomplishment of the All Access Goals: By 2033 95% of the global population will have access to a Full Bible (languages with greater than 500,000 speakers) 99.9% of the global population will have access to a New Testament (languages with greater than 5,000 speakers and less than 500,000 speakers) 100% of the world s population will have access to at least some portion of Scripture (portion estimated at 25 chapters in languages with less than 5000 speakers) The world s 100 most strategic written languages will have access to two viable translations of the Bible; which includes critical revisions to be completed in 26 of these languages
Investment Strategy ETEN investment strategies are intended to encourage the following: Collaboration / Sharing / Exhibition of trust and relationship / Open Access Common Platforms - to create economy of scale / reduce redundancy Better Quality, Faster, Cheaper Bible translation - a trio of values held in tension for impactful outcomes Innovation - new thinking to reduce bottlenecks and increase progress Operational Transformation - appropriate organizational and alliance development to achieve the All-Access goals What if these things aren t reflected in the behavior, efforts, and ethos of the partner receiving the funds?
Investment Strategy ETEN investment strategy focuses on: Translation (projects) Tools (to equip the translation process) Capacity Development (two specific areas) Quality Assurance Organizational Development efforts among national organizations
Investment Strategy ETEN investment strategy (desires to be): One of many investors Catalytic to other investment Part of a sustainable revenue plan Aware of total cost Reduced as percent of total over time
Investment Strategy ETEN investment strategy (accountability): Lower accountability on the front end Less detailed designation of investment than most Higher accountability on the back end What did you do with the translation funding? Which languages did your fund; and are they in the circle ? What did you do with the tools and capacity development funding? Milestones / Deliverables met?
Investment Design Translation Progress-based Current Emerging Tools and Capacity Development Annual proposals; reviewed based on alignment with investment strategy
Related sessions ETEN Annual RFP Process Tuesday 3:30-5pm Progress-Based Metric Wednesday 10:30-12pm ETEN Reporting and Accountability Wednesday 1:30-3pm
