What’s your ideal expression of “keeping an eye on the org”? I think this is where foundations often go a little mad with power.
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very true. i'd go to where the org works, grab a coffee, and ask people in the area what they think about the org. i think it's that easy.
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Couple comments: Ensure managers have deep understanding of problem they want to solve and deep connection to the community(s) facing such problem. do Spend time with org founders, managers, staff and beneficiaries and observe dynamics between team & team/beneficiaries.
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Also, ask founders/managers about challenges (other than lack of $). Run away if they can't/won't list any. And ask about what the roles of other stakeholders are (other orgs, private sector, public sector): no org can solve a significant social problem by working in isolation
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