How should a family foundation track year-over-year project funding using Salesforce?

Creating a Campaign hierarchy for projects and years is an effective way to track year-over-year project funding in Salesforce, particularly for a family foundation managing multiple projects over different time periods. Campaigns in Salesforce are designed to manage and track funding activities efficiently, making them suitable for this purpose.

By setting up a hierarchy, the foundation can categorize projects under specific years, allowing for clear segmentation and easier management of funds allocated for each project within a particular year. This approach facilitates the tracking of funding sources, contributions, and overall project performance. Users can also leverage the Campaign status and response metrics to gauge project progress across different years.

Moreover, this structure is conducive to reporting and analysis as it provides a straightforward way to visualize and compare funded projects across various years. As results are needed, the foundation could generate reports based on the Campaign levels, helping stakeholders assess the impact of funding decisions over time.

The other methods suggested, while they may offer some functionality, do not provide the same level of organized tracking and reporting capabilities as a Campaign hierarchy. The hierarchical setup enhances data organization and retrieval, ultimately aiding in the strategic decision-making processes of the foundation.