Merging finance and social impact to make a better world
Earlier this year, Big Brothers Big Sisters of America (BBBSA) released a landmark longitudinal study (with Harvard and the U.S. Treasury) revealing that one-to-one youth mentorship substantially improves long-term economic and social outcomes. Tracking participants from adolescence into young adulthood, the study shows a 15%–20% earnings gain, increased college attendance, reduced behavior issues, and improved social wellbeing.
A recent study by Fourth Economy and the Allegheny Conference reveals what many community advocates have long suspected: United Way of Southwestern Pennsylvania is more than a charity—it’s a powerful economic engine. With an annual investment of $20 million, United Way drives an impressive $211 million in regional economic activity, translating to a 10.5:1 return …
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According to a national study conducted by the Institute for Social Research and the School of Public Health at the University of Michigan, every $1 invested in Boys & Girls Clubs returns $9.60 in benefits to communities. This return on investment (ROI) is driven by higher academic achievement, lower crime rates, reduced substance abuse, and increased earnings for club members and their families. Let’s explore the key reasons why Boys & Girls Clubs are transforming lives and creating lasting social and economic impact.
A groundbreaking study conducted by the Human Services Chamber of Hamilton County in collaboration with the Alpaugh Family Economics Center at the University of Cincinnati has quantified the economic and social impact of nonprofits in Greater Cincinnati. The findings highlight the critical role nonprofits play in job creation, economic growth, and social services while generating substantial tax revenue for local and state governments.