Home > Monash Business School Releases Social Return on Investment Report

Executive Summary

State Schools' Relief (SSR) engaged Monash Business School through the Community Project scheme to primarily establish the Social Return on Investment (SROI) from the services they currently provide. Combined with this, it was requested that a selection of key sponsors be interviewed in terms of their relationship with SSR so a better understanding could be gained concerning future expectations for their investment dollar. Further to this, SSR are looking for recommended future activities to expand and improve the service.

The Project Team constructed a model to calculate the SROI through extensive desk based research in relation to other SROI models. A number of important assumptions were made in order to keep the model as robust as possible but at the same time make the model clear and easy to interpret in terms of where SSR could directly impact on reducing early school leaver rates. The key to this was in the assumption that SSR could only have impact on those who left school early due to family financial hardship. The final SROI figure obtained was 6.78.

The project also carried out key sponsor engagement with three of SSR's main sponsors in order to show that it is not just the SROI that sponsors are looking for when decisions are being made about investment. They want to hear about the stories behind it so the information is more relatable to the decision makers. Another important point from the sponsors' view was the ability to trace their investment through SSR to the final beneficiaries and tie this together with the story being told.

A number of recommendation have been made at the end of this report which should assist SSR to build on its good track record and position itself well for future growth as well as securing more reliable funding for ongoing stability.

We encourage you to view the full report