Key fit overview
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Transcript of Key fit overview
The Key Fund
Impact Tool
Integrating
Social Financial
with Social
Value Reporting
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
The Key Fund Impact Tool
How the tool can be used….
• For Money
• For Marketing
• For Management
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.
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
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
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
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
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
Working out the Values
Quantity Value
London/Non London
Deadweight
Attrition
Easy to use
Data entry for the Employment module
Simple Results
An example summary report from theEconomicmodule
Visual Results Customers can create their own infographic
Step One: Select Module
Step Two: Select items
Visual Results Customers can create their own infographic
Step Three: Select Order you want them to appear
Visual Results
The Key Fund
Impact Tool
Integrating
Social Financial
with Social
Value Reporting