Key fit overview

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The Key Fund Impact Tool Integrating Social Financial with Social Value Reporting

Transcript of Key fit overview

Page 1: Key fit overview

The Key Fund

Impact Tool

Integrating

Social Financial

with Social

Value Reporting

Page 2: Key fit overview

The Key Fund Impact Tool

We wanted to create a tool that ….

• Makes complex

simple

• Is easy to use

• Is Concise

• Is Visual

• Enables Comparison

• Is Relevant

• Is Aspirational

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The Key Fund Impact Tool

How the tool can be used….

• For Money

• For Marketing

• For Management

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What the tool counts…..

The Tool considers the impact of your organisation in two ways:

1. The impact of your organisation on the local economy, community and

environment.

2. The Impact of your organisation has on the lives of your Beneficiaries.

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Organisational IndicatorsEmployment

For example….

% of all levels of the business living locally

Hours of training

% of promotions

Economy Community

For example….

Money brought into the area

% spend in the local economy

LM2+ calculation (For every £1, the local economy is strengthened by £xx)

For example….

Value of work experience, volunteering and work placements

Value of in kind contributions

Contribution to local community networks

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Organisational IndicatorsFamily

For example….

Number of apprenticeships

Number of NEET employees

Observance of family friendly policies

Health & Well- Being

Environment

For example….

Employee access to health benefits

Lost Time Rate

Turnover rate

For example….

Achievement of Environmental standards

Assessment of environmental impact

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Beneficiary IndicatorsJob & Business creation

For example….

Number of businesses created

Number of unemployed people starting a business

Training & Learning

Young People

For example….

People gaining qualifications

People increasing their skills

For example….

Number coming to your service

Number having improved their mental health

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Beneficiary IndicatorsFamily

For example….

How many people using your parenting programme

Number of families receiving intensive support

Community & Social

Health

For example….

Number of people attending social groups

Number of people getting online for the first time

For example….

Number having improved health and wellbeing

Number having improved their mental health

Page 9: Key fit overview

Beneficiary IndicatorsFamily

For example….

How many people using your parenting programme

Number of families receiving intensive support

Community & Social

Health

For example….

Number of people attending social groups

Number of people getting online for the first time

For example….

Number having improved health and wellbeing

Number having improved their mental health

Number of Carers getting opportunities to spend time with their family

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Working out the Values

Quantity Value

London/Non London

Deadweight

Attrition

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Easy to use

Data entry for the Employment module

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Simple Results

An example summary report from theEconomicmodule

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Visual Results Customers can create their own infographic

Step One: Select Module

Step Two: Select items

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Visual Results Customers can create their own infographic

Step Three: Select Order you want them to appear

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Visual Results

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The Key Fund

Impact Tool

Integrating

Social Financial

with Social

Value Reporting