Monday, April 11, 2011

Social impacts on social ventures

We all hope that our social ventures would bring about social impact, be it in healthcare, education, science or music. I particularly enjoyed the calculated impact reading because it makes the results from social ventures seem more tangible. This is also a great way to show to investors and other donors the expected return on their dollars/monies. As rightly stated in the article, In the end, expected return analysis is not a substitute for intuition, but rather a structure for testing one’s intuitions about what strategies are likely to work. An expected return approach encourages philanthropists to be realistic about what they can achieve with their resources.
I found this article that discusses social investing and the concept of social return on investment.http://www.uniteforsight.org/social-entrepreneurship-course/module7
This is another case study on valuing a social venture about 3 people who whose mission to assist saving human lives by becoming the leading network of basic life support ambulances in India. If you go through the case study, there is a detailed sheet that shows calculations like a balanced sheet and actually provides the net income/ social impact calculation. http://www.acumenfund.org/uploads/assets/documents/ZHL%20-%20Valuing%20a%20Social%20Venture%20case%20study_QPTbo8nz.pdf.

No comments:

Post a Comment