Merging finance and social impact to make a better world
Income per capita
Prioritizing health is not only beneficial for physical and mental well-being but also offers substantial financial advantages. By investing in a healthier lifestyle, individuals can potentially increase their earnings, reduce healthcare costs, and achieve a favorable return on investment, ultimately leading to greater wealth accumulation over their lifetime.
Investing in early childhood education has long been advocated as a strategy to enhance economic efficiency and reduce social disparities. A seminal study on this topic is “The Rate of Return to the High/Scope Perry Preschool Program,” which offers an in-depth analysis of the economic benefits derived from early intervention programs targeting disadvantaged youth.
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.
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.
A comprehensive 14-year study has highlighted the significant economic benefits of Project QUEST, a San Antonio-based workforce development program established in 1992. The research indicates that participants experienced an average income increase of $54,000 over the study period, with those aged between 35 and 64 seeing gains of nearly $139,000 compared to a control group. This translates to a 234% return on investment, considering the average program cost of $16,244 per participant.
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.
Nobel Prize-winning economist James Heckman found that every $1 invested in quality early childhood programs generates $4 to $16 in returns. The earlier we act, the greater the impact—for kids, families, businesses and communities.