This course offers a unique opportunity for students to practice effective philanthropy with real charitable dollars at stake. The class will blend both the abstract (reading and analyzing what constitutes evidence of impact as well as research on specific interventions or programs) and the applied (estimating the impact of a specific nonprofit given real constraints on available data). In addition to working directly with nonprofit clients to conduct "impact audits," students will as a class decide how to allocate $25,000 in donations to the charity or charities of their choice. This course is relevant for MBA students who may go on to lead nonprofits or foundations, as well as those who donate to charities in the future. Students will gain the knowledge and skills to become effective philanthropists and nonprofit leaders.