HOW CAN YOU UNLOCK THE VALUE OF COMMUNITY INVESTMENT? DEFINE IT. KPMG’s recent report Unlocking the value of social investment states that companies around the world have no trouble reporting on community investment inputs and outputs, but reporting on impact remains elusive. Many challenges to impact reporting are listed, ones that we have all encountered in our…
IMPORTANCE OF AUDITING COMMUNITY INVESTMENT A recent blog post on Corporate Citizenship, Benchmarking Blunders, is a great reminder on the importance and benefits of using audited data when comparing community investment, employee giving and employee volunteering programs. Auditing is a fundamental part of the LBG Canada process. At SiMPACT, we believe the annual audit underpins…
SiMPACT UPDATE SiMPACT’s work falls into three areas: broader community investment consulting, facilitating LBG Canada, and a diversified portfolio of consulting and training in SROI. News from SROI and Evaluation Team The SROI and evaluation team at SiMPACT has much on the go! Current projects range from individual analysis of Right to Play, Special Olympics,…
ONTARIO TRILLIUM FOUNDATION’S COMMUNITY CAPITAL FUND Over the past year SiMPACT has been working with the Ontario Trillium Foundation on a large-scale evaluation of its Community Capital Fund (CCF) program. The CCF was a three-year program designed to provide support for capital projects to revitalize community-based infrastructure, which helps Ontario’s non-profit organizations deliver important programs…
MONEY DOES MATTER SiMPACT has recently been working with ABC Life Literacy to determine the social value of its Money Matters program through a Social Return on Investment (SROI) analysis. Money Matters is a free financial literacy and education savings program that is designed for adult learners and was created to raise financial literacy and…
LBG CANADA AUDIT & BENCHMARKING PROCESS The LBG Canada network represents over 250 community investment professionals within multiple sectors across Canada – all seeking to achieve the highest standard in community investment. Members of LBG Canada participate in an annual benchmarking process audit to help each company demonstrate the value of its community investment portfolio. Six…
LBG CANADA TRENDS IN LEVERAGING EXTERNAL RESOURCES External resources leveraged are contributions to a community project that can be directly linked to a company’s involvement in the project (e.g. matched funds from the government, input from a corporate partner, or customer donations) that do not result in a cost to the host company. The leveraging…
LBG CANADA EMPLOYEE GIVING PROGRAM MANAGEMENT TRENDS Employee engagement, vital to any organization, is a key driver of employee motivation. An effective way to engage employees involves having targeted community investment initiatives and employee giving programs. For these programs to be successful, proper management and administration is required. Effective communication, clear guidelines outlining when community partners are…
LBG CANADA TRENDS IN VOLUNTEERING AND GIVING PROGRAMS Employee engagement matters. The findings of a study involving over 1500 employees was recently summarized in an article written by Adam Weinger. The study showed that “companies with engaged employees outperform those without by up to 202%.” A key driver in an engaged employee is the pride…
ASSOCIATE EXPANSION AT SiMPACT written by: Kaitlyn MacMillan, Communications Specialist Over the last few months, SiMPACT has had the opportunity to welcome three new faces to our team: Laura Dickson, Chief Operating Officer, Jenny Ofrim, SROI & Evaluation Consultant and Rosalie Wood, Executive Assistant & Office Manager. Laura Dickson Position: Chief Operating Officer Hometown: Toronto,…
SiMPACT RESPONDS TO SROI INTEREST ACROSS CANADA written by: Laura Dickson, COO During the month of March, the SiMPACT SROI team took our training and customized SROI analysis on the road. Our first stop was Yellowknife, NWT where we presented two days of introductory SROI training to individuals with the Government of the Northwest Territories. Next on…
