15.11.2014 Views

Here for good. - Amherst H. Wilder Foundation

Here for good. - Amherst H. Wilder Foundation

Here for good. - Amherst H. Wilder Foundation

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

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.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!