In a new study, the Graeme Dingle Foundation has found its programmes to have a staggering $10.50 return for every dollar invested. The study, undertaken by leading NZ economic consultancy firm Infometrics, is a tool which quantifies the social and financial benefits of the charity’s suite of programmes using economic calculations which represent both value and cost to society.
With a 30-year history nationwide, the Foundation’s programmes have long made an impact on youth, enhancing wellbeing, engagement, and commitment to society through increased aspirations, positive trajectories, and pipelines to the workforce, ultimately benefiting our country’s economy long-term.
Graeme Dingle Foundation CEO Jo Malcolm Black says “Traditionally, measuring the economic benefit of our programmes has been difficult, as programme outcomes can span a lifetime for participants. However, understanding our impact through the support of Infometrics means that we can identify the true economic benefits and contributions they make to society and show just how critical this work is for our country long-term. “
The results, derived from the link between education and earnings plus a productivity spillover, capture the different ways that the presence of a better educated population can improve national wellbeing.
Graeme Dingle Foundation Western Bay of Plenty’s Regional Manager, Dan – Allen Gordon, said the results will help the foundation to identify a financial return for their generous partners and supporters throughout The Western Bay of Plenty.
“We have many loyal supporters that have seen our young people share their amazing stories and the outstanding results in their lives. This latest Infometrics research will give them confidence that Graeme Dingle Foundation programmes are one of the best investments we can make for Aotearoa,” said Allen – Gordon
“For every $100 invested there is a $1,050 return, which is amazing for our economy and most importantly, is helping reduce social harm and allowing our young people to live happy, healthy and successful lives” he said.
These results are a direct reflection of the Foundation’s strong research and development commitments which ensure that with the changing landscape of our country, its programmes adapt to reflect the greatest needs of young people.
“We are incredibly proud of this, and the impact it demonstrates for the 3,800 young people who benefit from our programmes each year.”
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