Value-for-Money (VfM) framework and public reporting

This criterion assesses whether the organization measures, analyzes, and publicly reports on its value-for-money metrics. Value-for-money (VfM) metrics demonstrate how efficiently and effectively the organization uses its resources to achieve outcomes, encompassing economy, efficiency, effectiveness, and equity (the 4Es). In line with Trustees’ duty to report on public benefit (Charities Act 2011), the essential trustee duty to manage resources responsibly (CC3), and the Islamic principle of Amānah (stewardship), VfM reporting should evidence prudent use of entrusted funds to maximise outcomes fairly and transparently.