SiMPACT

What is Skills-Based Volunteering?

Blog

Skills-based volunteering occurs when organizations capitalize on professional skills, talents, and individual education to assist a community partner meet an objective through various volunteering activities (Volunteer Canada, 2015).

Creating an Employee Volunteer Program to Reflect Your Needs

Article

Creating a successful employee volunteering program is a process that requires recognizing a company’s individual context and circumstance to ensure the program fits its employee’s unique needs. 

Surveys taken by the London Benchmarking Group (LBG) Canada, indicate the following regarding employee volunteer programs: (1) 11 out of 36 companies have “no clear internal understanding of the value of employee volunteering”, (2) 13 out of 36 companies “lack of staffing resources to manage the program effectively”, and (3) 12 out of 36 companies have a strategy that is “unclear”.

What is SROI?

Blog

Social Return on Investment (SROI) is a framework based on social accounting principles that can be used to help value (monetize) the social, economic and environmental outcomes created by an organization’s activities. Specifically, SROI analysis is intended to illustrate the amount of social value created for every dollar invested in a program.

Enhancing Reporting

Blog

A growing importance has been placed on organizations, by the public, to report above and beyond the financial status of the organization. Stakeholders expect enhanced reporting practices as they want to be actively communicated with, regarding the community investment activities.

Collecting Data from Children

Blog

I’ve now accumulated some experience leading SiMPACT SROI evaluation projects that involve children under 13 years old. The youngest members of some social programs with which I've done an SROI for have been five or six years old. 

Importance of Auditing Community Investment

Blog

A recent blog post on Corporate Citizenship, Benchmakring Blunders, is a great reminder on the importance and benefits of using audited data when comparing community investment, employee giving and employee volunteering programs. Auditing is a fundamental part of the LBG Canada process. At SiMPACT, we believe the annual audit underpins the entire benchmarking process because:

New Research Measures Impact of Raising Financial Literacy Skills of Adult Learners in Canada

Article

To kick off November and Financial Literacy Month, SiMPACT Strategy Group is pleased to release a new study examining the social return on investment (SROI) for Money Matters, a financial literacy and education savings program, developed by ABC Life Literacy Canada.

Philanthropy is Getting Nerdier

Blog

After listening to an episode of This American Life (#503 – I was Just Trying to Help, originally aired August 16, 2013), I was compelled to reflect upon the importance of data in philanthropy. 

Understanding Social Value: The Importance of Including Stakeholders

Article

By Anne Miller
September 05, 2012

Social Return on Investment (SROI) is an emerging methodology that seeks to measure the value of social impact. SROI presents the social impact of different initiatives into financial value terms, and presents this value in relation to the investments that lead to the social impact result.

Valuing Change Financed by Social Impact Bonds

Article

Social Impact Bonds (SIBs) are a new tool being explored to finance the social innovation agenda, but to be a real opportunity for investors, the full picture of value created by SIBs needs to be acknowledged. Written by Stephanie Robertson, President of SiMPACT Strategy Group, this report explores SROI methodology as a tool to value social outcomes in a more complete form.

 

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