THEORY OF CHANGE:
The thinking behind how a particular intervention will bring about results. The process usually starts with asking the question ‘What is our long term goal or outcome?’ Once this goal has been identified, the next consideration is: “What conditions must be in place for us to reach the goal?
THEORY OF IMPACT:
The described context and system in which your intended impact occurs, including but not limited to: 1) the characteristics of the community and the identified needs surrounding the targeted issue, 2) all of the efforts that deliver impact on your mission, not just those explicitly undertaken, 3) the relationship in and amongst those activities, explaining why they work together to create an outsized social impact, and 4) how interventions interact to mitigate, solve and serve your mission and vision.