SOCIAL RETURN ON INVESTMENT ANALYSIS (SROI)
The field of social return on investment (SROI) is just emerging across the globe. Summit has been working to develop models that help non-profits and social enterprises realistically model the benefits that accrue to individual participants as well as society as a whole, and at the same time realistically account for societal costs. Unlike many of the assessments produced in this sector, rather than rely on qualitative reporting such as number of clients served or pamphlets distributed, Summit’s SROI models greatly assist clients with gaining a greater understanding of how to better allocate their resources so to get the maximum and quantifiable financial benefit to the least cost to society, and in many cases create a return to society that exceeds the public funds provided to the agency.
Summit is also developing a public education program to share our approaches, findings and observations to non-profit, public and private users.