Return on Investment Study:
The Return on Investment Model quantifies the benefits of Friends of the Children’s early intervention model and compares those benefits to the program’s costs. This rigorous approach was developed with the Harvard Business School Association of Oregon in order to:
- Demonstrate and verify the long-term value of Friends of the Children’s mentoring program.
- Connect to forthcoming data being developed in Friends of the Children’s longitudinal research.
- Define and support future measurements of our program model.
Conclusions:
- The benefits to children and society are currently calculated to be 6.7 times the program costs.
- The break-even age at which program benefits from a mentored child exceed program costs is 20 years old.
Strategic Growth Plan:
In FY2013, we will serve 115 at-risk youth at our Friends Place in Harlem. Our goal is to build this site’s capacity to 192 Achievers, enrolling 16 Achievers into the program when they are in kindergarten and graduating 16 Achievers when they graduate from high school with a plan for their future.
Our vision is to have a Friends Place serving 192 Achievers in each of the five boroughs of New York City. By selecting the most vulnerable children in high-needs schools throughout the five boroughs, and intervening according to our program model, Friends of the Children NY will drastically change the face of poverty in the City.
