Bi-partisan approaches combine fiscal and human results. Increasingly, it is clear that by improving people’s lives we create positive financial impact for everyone. In fact, the two are inextricably linked. Productive communities cost less and generate revenues.
Some of the tools for maximizing social impact are traditional investments, some philanthropic endeavors and some government investments in measureable preventive social services. Increasingly, a variety of stakeholders seek to measure and bring to scale approaches that address the root causes for expanding social problems.
Central to all of these investments is the measurement of impact. What is the impact on people, communities or the environment?
A sustained recession has created an expanding need for social services. Revenues to address these needs are decreasing. States have less money to spend and government can no longer provide the financial support it has traditionally offered. Collectively, a variety of stakeholders — including the private sector, nonprofits, philanthropy and government — are coming together to work toward the shared goal of improving people’s lives in a fiscally responsible and sustainable manner.
Together, we are all developing a Community Impact Strategy.
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