Getting the data to get the funding is crucial because, “behind every single dollar is a kid whose life has been changed,” he said. Noll echoed that statement in his comments at the summit. Sama is the youth education and career services manager at Family Services Association of San Antonio Inc. “Collective impact is not the number, it’s the story behind it,” Kimberly Sama told the Rivard Report. Of course, economic impact is not what drew most of the people gathered into their chosen profession. “These are very conservative numbers,” Nivin said. It also subtracted operational costs of the OST providers. The study subtracted the cost of college from the total benefit. That billion included increased incomes due to improved education outcomes, non-market benefits from education (such as improved health and fitness, more active community engagement), welfare savings from potential reduced use of welfare programs by participants later in life, reduction in crime costs, reduction in remedial education costs, decreased grade repetition (meaning quicker transition into the workforce), and child care savings. “You’re impact billionaires,” Lugalia-Hollon told the several hundred service providers gathered at the summit. Multiplied over 4.5 years that the average student is typically enrolled with an OST provider, the total conservatively approaches $1 billion. Annual net benefits generated from the EBBSA collaborating members amounts to between $220 million and $420 million. This calculation is based on the assumption that the benefits described accrue to participating youth during and after 4.5 years of program involvement. Overall, for every dollar invested in these programs, $3.66 in benefits to the community is generated. Nivin presented the research at the summit. The results are similar to other studies around the nation, which demonstrate a significant economic contribution by OST providers. Mary’s University and chief economist of the San Antonio Hispanic Chamber of Commerce, measured the economic return on investment for each dollar spent on OST services in San Antonio. Data does.”Ī cost-benefit analysis conducted by Steve Nivin, Associate Professor at Economics St. “Stories don’t bring funding to children who need funding. “As a funder I need these numbers,” Noll said at the annual EBBSA summit Wednesday at the Oblate School of Theology.
San Antonio Area Foundation CEO Dennis Noll shares EBBSA’s goal of universal service, but often has to pitch that vision to donors. They want to see the return on investment laid out in dollars and cents. Credit: Kathryn Boyd-Batstone / San Antonio Reportįor lawmakers and even for some private funders, however, altruistic outcomes are not enough. Excel Beyond the Bell Program Director Ryan Lugalia-Hollon.
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