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Innovation isn’t just a matter of luck but a process that can be managed, supported and nurtured. Foundations and donors, who have acted as investors in social change, can be stewards of innovation as well. In 2016, Dalberg Design collaborated with a Rockefeller Foundation to design an online platform to support funders in the process of evaluating innovation methods and managing an innovation portfolio. This guide provides concrete examples and recommendations that address the typical risks that donors face in trying more experimental approaches in their work.