140203 social impact benchmarking

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CONFIDENTIA L This information is confidential and was prepared by Conjunct Consulting for trainingpurposes; it is not to be relied on by any 3 rd Party without our prior written consent. Social Impact Benchmarking

description

• Why Measure Social Impact? - Social Impact tells the story of the change we bring to people’s lives - Measuring impact is the sign of a well-run ship - It helps tell your story to stakeholders - Impact is a valuable tool for ensuring more is done better, for the benefit of society.

Transcript of 140203 social impact benchmarking

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CONFIDENTIAL

This information is confidential and was prepared by Conjunct Consulting for trainingpurposes; it is not to be relied on by any 3rd Party without our prior written consent.

Social Impact Benchmarking

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Agenda

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1. Scale benchmarks

2. Quality benchmarks

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• Taproot Foundation

• New Sector Alliance

• Conjunct Consulting

Number of volunteer engagements completed

2002 2003 2004 2005 2006 2007 2008 2009

17 50 96 161 184 278 N/A N/A

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2006 2007 2008 2009 2010 2011

60 97 99 92 107 132

12H1 12H2 13H1 13H2

5 7 12 11

Source: Conjunct Internal Data (2013), New Sector Alliance, “Social Impact Reports” (2013), Taproot Foundation, “Service Grant Scorecards” (2013)

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• Taproot Foundation

• New Sector Alliance

• Conjunct Consulting

Number of clients

4

2006 2007 2008 2009 2010 2011 2012

44 65 60 66 85 86 94

12H1 12H2 13H1 13H2

5 7 12 11

Source: Conjunct Internal Data (2013), Michigan Ross School of Business, “The Taproot Foundation” (2008), New Sector Alliance, “Social Impact Reports” (2013), Taproot Foundation, “Service Grant Scorecards” (2013)

2002 2003 2004 2005 2006 2007 2008 2009

17 50 96 161 184 278 241 343

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Total hours donated

2006 2007 2008 2009

Not Available

5

• Taproot Foundation

• New Sector Alliance

• Conjunct Consulting

2007 2008 2009 2010 2011

50,756 Not available

Not available

Not available

175,650

12H1 12H2 13H1 13H2

6,620 8,227 11,950 14,851

Source: Conjunct Internal Data (2013), New Sector Alliance, “Social Impact Reports” (2013), Taproot Foundation, “Service Grant Scorecards” (2013)

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• Taproot Foundation (estimated, US$)

• New Sector Alliance (US$)

• Conjunct Consulting (S$)

Value of pro bono service

2002 2003 2004 2005 2006

695,000 1,925,000 3,880,000 6,625,000 7,660,000

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2007 2008 2009 2010 2011

1,970,000 N/A N/A N/A N/A

12H1 12H2 13H1 13H2

295,110 343,337 416,767 524,917

Source: Conjunct Internal Data (2013), Michigan Ross School of Business, “The Taproot Foundation” (2008), New Sector Alliance, “Social Impact Reports” (2013)

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Calculating the value of Pro Bono Work

• Pro bono work should be valued at Fair Market Value (FMV) and recorded as non-cash giving in CECP Survey Question 9.

• FMV is the hourly or project cost that a paying client would incur for the same service. Companies are encouraged to use the three scenarios below to assist in determining the FMV of services rendered.  The dollar values in the scenarios below are based upon current U.S. salary data adjusted to account for geographic differences and typical fee-discounting practices.  

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EMPLOYEE SKILL AREA ENTRY LEVEL MID LEVEL EXECUTIVE

1) Marketing, Advertising, Public Relations $80 $100 $150

2) Accounting, Financial Services $90 $135 $200

3) Architecture, Engineering, Construction $75 $100 $145 4) Strategic Consulting, Organizational Design, Human Resources, IT Services $100 $150 $225

Rounded Averages for the Above Services $85 $120 $180

5) Legal, Medical Services $200 $250 $320

Source: Taproot Foundation, “Pro Bono Standards & Valuation” (2013)

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Hours donated by professionals

2006 2007 2008 2009

Not Available

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• Taproot Foundation

• New Sector Alliance

• Conjunct Consulting

2007 2008 2009 2010 2011 2012

2,525 3,000 N/A N/A 2,600 2,868

12H1 12H2 13H1 13H2

3,547 3,925 4,076 5,437

Source: Conjunct Internal Data (2013), New Sector Alliance, “Social Impact Reports” (2013), Taproot Foundation, “Service Grant Scorecards” (2013)

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• Taproot Foundation

• New Sector Alliance

• Conjunct Consulting

Total number of volunteers

2002 2003 2004 2005 2006 2007 2008 2009

8 90 669 701 1489 N/A N/A N/A

9

2006 2007 2008 2009 2010 2011

218 259 219 200 218 N/A

12H1 12H2 13H1 13H2

71 90 127 138

Source: Conjunct Internal Data (2013), New Sector Alliance, “Social Impact Reports” (2013), Michigan Ross School of Business, “The Taproot Foundation” (2008)

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• Taproot Foundation

• New Sector Alliance

• Conjunct Consulting

Number of student volunteers

2006 2007 2008 2009

Not applicable – Taproot only uses professional volunteers

10

2006 2007 2008 2009 2010 2011

149 170 139 119 123 132

12H1 12H2 13H1 13H2

40 50 75 70

Source: Conjunct Internal Data (2013), New Sector Alliance, “Social Impact Reports” (2013), Michigan Ross School of Business, “The Taproot Foundation” (2008)

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• Taproot Foundation

• New Sector Alliance

• Conjunct Consulting

Number of professional volunteers

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2006 2007 2008 2009 2010 2011

69 89 80 81 95 N/A

12H1 12H2 13H1 13H2

31 40 52 68

2002 2003 2004 2005 2006 2007 2008 2009

8 90 669 701 1489 N/A N/A N/A

Source: Conjunct Internal Data (2013), New Sector Alliance, “Social Impact Reports” (2013), Michigan Ross School of Business, “The Taproot Foundation” (2008)

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Agenda

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1. Scale benchmarks

2. Quality benchmarks

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• Taproot Foundation

• New Sector Alliance

• Conjunct Consulting

% of clients who would recommend Taproot / New Sector Alliance / Conjunct to a colleague

2006 2007 2008 2009

97% 93% 94% 98%

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2008 2009 2010 2011

100% 95% Not available 95%

12H1 12H2 13H1 13H2

100% 100% 100% 100%

Source: Conjunct Internal Data (2013), New Sector Alliance, “Social Impact Reports” (2013), Taproot Foundation, “Service Grant Scorecards” (2013)

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• Taproot Foundation

• New Sector Alliance

• Conjunct Consulting

% of clients who agreed that Taproot / NSA / Conjunct had a measurable / significantly positive impact on their organization & beneficiaries

2006 2007 2008 2009

Not available 93% 93% 96%

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2008 2009 2010 2011 2012

Not available

Not available

Not available

99% 97%

12H1 12H2 13H1 13H2

100% 100% 100% 100%

Source: Conjunct Internal Data (2013), New Sector Alliance, “Social Impact Reports” (2013), Taproot Foundation, “Service Grant Scorecards” (2013)

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% of professional volunteers who said they were more likely to take an active role in the social sector as a direct result of their experience

2006 2007 2008 2009

Not Available

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• Taproot Foundation

• New Sector Alliance

• Conjunct Consulting

2008 2009 2010 2011 2012

100% 92% 85% 85% 90%

12H1 12H2 13H1 13H2

Not Available

Source: Conjunct Internal Data (2013), New Sector Alliance, “Social Impact Reports” (2013), Taproot Foundation, “Service Grant Scorecards” (2013)

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• Taproot Foundation (% satisfied)

• New Sector Alliance (median)

• Conjunct Consulting

% of clients satisfied with final deliverable

2006 2007 2008 2009

95% 92% 92% 96%

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2007 2008 2009 2010 2011

Not available

12H1 12H2 13H1 13H2

100% 100% 100% 100%

Source: Conjunct Internal Data (2013), New Sector Alliance, “Social Impact Reports” (2013), Taproot Foundation, “Service Grant Scorecards” (2013)

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• 98% of 2007 student participants and 91% of consultant mentors and coaches believe that New Sector has increased the effectiveness with which they can contribute to the social sector.

• 89% of NSA alumni report that the NSA experience has directly contributed to success in their professional career

• “On a scale of 1 to 10, how transferable are the new skills and experiences gained through the New Sector program to your future career?”(1 = not transferable, 10 = extremely transferable) 2008 average response: 9.1

• 2009: 96% of Residents and Summer Fellows say that their experience with New Sector Alliance will increase the effectiveness of their future contributions to the social sector.

Other benchmarks

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Sources

• Michigan Ross School of Business, “The Taproot Foundation” (2008)• New Sector Alliance, “Social Impact Reports” (2012), Retrieved on 3 Feb

2014 from http://www.newsector.org/content/social-impact-reports • Taproot Foundation, “Pro Bono Standards & Valuation” (2013), Retrieved on

3 Feb 2014 from http://www.taprootfoundation.org/do-probono/pro-bono-standards-valuation

• Taproot Foundation, “Service Grant Scorecards” (2013), Retrieved on 3 Feb 2014 from http://www.taprootfoundation.org/about-probono/about-taproot/governance/service-grant-scorecards

18Source: Taproot Foundation Pro Bono Standards & Valuation (2013)