Here for good. - Amherst H. Wilder Foundation
Here for good. - Amherst H. Wilder Foundation
Here for good. - Amherst H. Wilder Foundation
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A Message from the President and Board Chair<br />
Making wise, effective spending choices<br />
in human services is the focus of<br />
Return on Investment (ROI) studies<br />
CONTINUED›<br />
Return on Investment<br />
Return on Investment (ROI)<br />
studies can serve as a tool<br />
In touch with effective solutions.<br />
<strong>for</strong> understanding whether<br />
conducted by <strong>Wilder</strong> Research. ROI<br />
programs that seem to make<br />
a difference in the lives of<br />
studies can serve as a tool to identify<br />
people and communities also<br />
the financial impact of nonprofit<br />
have financial benefits. ROI<br />
programs and to prioritize where<br />
studies examine programs (or<br />
to invest financial resources.<br />
policies) that have demonstrated<br />
positive impacts. They total the<br />
For example, Scott Beaty, executive<br />
costs of a program, estimate<br />
director of Minnesota Youth<br />
14<br />
the dollar and cents value of<br />
15<br />
Intervention Programs Association<br />
the program’s outcomes, and<br />
(YIPA), wanted to measure the effects<br />
then compare them. In an era<br />
of programs that counsel and redirect<br />
of scarce resources, today’s<br />
taxpayers, policymakers,<br />
young people involved in truancy<br />
philanthropists, and all of us<br />
or criminal behavior. Paul Anton,<br />
who care about our community<br />
chief economist at <strong>Wilder</strong> Research,<br />
need ROI studies to help us<br />
working with Professor Judy Temple,<br />
make wise spending choices.<br />
University of Minnesota, developed<br />
an ROI framework and estimated a<br />
well-run early intervention program<br />
can yield $4.89 in benefit <strong>for</strong> every<br />
dollar invested. The State of Minnesota<br />
increased its funding <strong>for</strong> YIPA by<br />
45 percent after the study was<br />
published.<br />
Return on Investment is one<br />
way <strong>Wilder</strong> Research provides<br />
greater understanding of our<br />
community, its needs and<br />
possible solutions. <strong>Wilder</strong><br />
Research, one of the nation’s<br />
largest nonprofit research and<br />
evaluation groups dedicated<br />
to practical research in the field<br />
of human services, works with<br />
more than 100 organizations<br />
each year.