Assessment Resource
| ID | INDIGO-ARES-0077 |
|---|---|
| Assessment Resource - Status | PUBLIC |
| Assessment Resource - Name | REDF Model for Social Return on Investment (SROI) |
| Assessment Resource - Who? - Public Sector | NO |
| Assessment Resource - Who? - Private Sector | YES |
| Assessment Resource - Who? - Third Sector | YES |
| Assessment Resource - Output Format - Agnostic | NO |
| Assessment Resource - Output Format - Monetary Valuation | YES |
| Assessment Resource - Output Format - Non-monetary quant index | NO |
| Assessment Resource - Output Format - Ordinal | NO |
| Assessment Resource - Output Format - Qualitative only | NO |
| Assessment Resource - Output Format - Quant but no index | NO |
| Assessment Resource - Time frame? - Ongoing | YES |
| Assessment Resource - Time frame? - Prospective | NO |
| Assessment Resource - Time frame? - Retrospective | NO |
| Assessment Resource - Scale? - Agnostic | NO |
| Assessment Resource - Scale? - Micro | NO |
| Assessment Resource - Scale? - Meso | YES |
| Assessment Resource - Scale? - Macro | NO |
| Assessment Resource - Impact Goal - Agnostic | NO |
| Assessment Resource - Impact Goal - Defence | NO |
| Assessment Resource - Impact Goal - Democracy | NO |
| Assessment Resource - Impact Goal - Development/ Poverty Reduction | YES |
| Assessment Resource - Impact Goal - Education | NO |
| Assessment Resource - Impact Goal - Employment/ Financial well-being | NO |
| Assessment Resource - Impact Goal - Health | NO |
| Assessment Resource - Impact Goal - Housing | NO |
| Assessment Resource - Impact Goal - Local rejuvenation | NO |
| Assessment Resource - Impact Goal - SDG oriented | NO |
| Assessment Resource - Impact Goal - Social impact | NO |
| Assessment Resource - Impact Goal - Sustainability/ Eco | NO |
| Assessment Resource - Impact Goal - Well-being | NO |
| Assessment Resource - Type - Case Study | NO |
| Assessment Resource - Type - Classification | NO |
| Assessment Resource - Type - Consultancy | NO |
| Assessment Resource - Type - Framework | YES |
| Assessment Resource - Type - Guide | NO |
| Assessment Resource - Type - Dataset | NO |
| Assessment Resource - Type - Principles | NO |
| Assessment Resource - Type - Reporting Standards | NO |
| Assessment Resource - Type - Resource Repository or Summary | NO |
| Assessment Resource - Type - Tool | NO |
| Assessment Resource - Type - Training Programme | NO |
| Assessment Resource - Sourcing? - Agnostic | NO |
| Assessment Resource - Sourcing? - Outsource to Vendor | NO |
| Assessment Resource - Sourcing? - Paid tool | NO |
| Assessment Resource - Sourcing? - Proprietary in-house | NO |
| Assessment Resource - Sourcing? - Self-driven | YES |
| Assessment Resource - Method? - Attribution | YES |
| Assessment Resource - Method? - Diff-in-Diff statistical analysis | NO |
| Assessment Resource - Method? - Ex-ante projections | NO |
| Assessment Resource - Method? - Focus Groups | NO |
| Assessment Resource - Method? - Framework agnostic | NO |
| Assessment Resource - Method? - Interviews | NO |
| Assessment Resource - Method? - Mission Alignment | NO |
| Assessment Resource - Method? - Observation | YES |
| Assessment Resource - Method? - Operational Data | YES |
| Assessment Resource - Method? - RCTs | NO |
| Assessment Resource - Method? - Surveys | NO |
| Assessment Resource - Method? - Theory of Change | NO |
| Assessment Resource - Method? - Before and After | NO |
| Assessment Resource - Used in sectors? - Charity | YES |
| Assessment Resource - Used in sectors? - CSR | NO |
| Assessment Resource - Used in sectors? - Development | YES |
| Assessment Resource - Used in sectors? - Governance/ Policy | NO |
| Assessment Resource - Used in sectors? - Green Book | NO |
| Assessment Resource - Used in sectors? - Healthcare | NO |
| Assessment Resource - Used in sectors? - Housing | NO |
| Assessment Resource - Used in sectors? - IGOs | NO |
| Assessment Resource - Used in sectors? - Impact investing | YES |
| Assessment Resource - Used in sectors? - Microfinance | NO |
| Assessment Resource - Used in sectors? - SIBs | NO |
| Assessment Resource - Used in sectors? - Social Enterprises | NO |
| Assessment Resource - Used in sectors? - Sustainability/ Eco | NO |
| Assessment Resource - Used in sectors? - Developed Countries | NO |
| Assessment Resource - Used in sectors? - Developing Countries | NO |
| Assessment Resource - Internal / External? - Internal | NO |
| Assessment Resource - Internal / External? - External | YES |
| Assessment Resource - Leader | The Roberts Enterprise Development Fund (REDF) |
| Assessment Resource - Purpose | This pioneering late-90s method invented to concept of assigning a monetary return to social value. It places a dollar value on ventures in its portfolio with social as well as market objectives. Combines tools of benefit-cost analysis, the method economists use to assess nonprofit projects and programs,and the tools of financial analysis used in the private sector. Accessible to a broad range of users, substituting readily understood terms and methods for technical jargon and complicated techniques. |
| Assessment Resource - Content | Generally speaking, the SROI method has six stages: (1) Identifying key stakeholders; (2) Mapping outcomes; (3) Evidencing outcomes and giving them value; (4) Establishing impact; (5) Calculating the SROI; (6) Reporting, using and embedding |
| Assessment Resource - Link | https://redfworkshop.org/wp-content/uploads/2017/06/SROI-Methodology-2001.pdf |