Merging finance and social impact to make a better world
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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Tackling homelessness requires more than temporary shelter—it demands a dual focus on housing and opportunity. The Jericho Project’s model proves that a modest investment can yield a powerful financial and social return. A 250% annual ROI, combined with profound human impact, makes this strategy one of the most effective tools we have in ending chronic homelessness.
Investing in public education yields substantial social and economic benefits, as detailed in the Education Law Center’s report, “Pennsylvania’s Best Investment: The Social and Economic Benefits of Public Education.” This comprehensive analysis highlights how quality education positively impacts employment rates, crime reduction, public health, and civic participation, ultimately leading to significant economic returns for society.
Vacant properties silently erode community health and local budgets. But strategic investments in reuse, rehab, and redevelopment can pay off handsomely. With returns as high as 30 to 1, cities that prioritize vacant property solutions not only save money—they create stronger, safer, and more prosperous communities.
Higher education is a critical pathway to economic mobility, yet many students, particularly those from underserved communities, struggle to complete their degrees. The City University of New York’s (CUNY) Accelerated Study in Associate Programs (ASAP) has emerged as a game-changing initiative, significantly increasing college graduation rates and providing a scalable model for nationwide replication.
A comprehensive study titled “Arts & Economic Prosperity 6” (AEP6), conducted by Americans for the Arts (AFTA), has unveiled the significant economic and social contributions of Delaware’s nonprofit arts and culture sector in 2022. The Delaware Division of the Arts reported that this industry generated $209.5 million in economic activity, comprising $148 million from organizational spending and $61.5 million from event-related audience expenditures. This financial activity supported 3,330 jobs and yielded $40 million in revenue for local, state, and federal governments.
Large employer investments foster economic dynamism, higher wages, improved employment rates, lower crime, and better access to private healthcare. The data-driven approach challenges anecdotal skepticism and provides a compelling case for policymakers and communities to actively attract and support major business investments.