ROI (Return on Investment)
Investopedia.com defines Return on Investment as “a performance measure used to evaluate the efficiency of an investment.”
In nonprofit fundraising the definition is “Results. Outcomes. Impact.”
No matter how you define ROI, Single Parent Scholarship Fund of Northwest Arkansas is a great investment. Just look at the numbers:
- The typical SPSF NWA applicant is living on an income of $16,936 per year.
- *This INCLUDES the value of financial resources such as food stamps, subsidized housing, child care vouchers, etc.
- Over the course of four years, SPSF NWA will invest approximately $15,000 in a full-time scholarship recipient.
- According to our 2010 comprehensive study conducted by the Survey Research Center at the University of Arkansas, following graduation SPSF NWA graduate’s earn, on average, $30,000+ annually.
- Since 2001 SPSF NWA has produced 342 graduates*
- 342 grads x $30,000 annual salary = $10,260,000 injected into the local economy annually.
- Additional SAVINGS of $4.7 million are achieved each year because our graduates are no longer dependent on government assistance. (In AR a family of 3 on subsidized housing and food stamps- receives $13,932 in assistance annually.)
- 342 grads x $13,932 savings = $4,764,744