7 Ways Social Impact is Measured

1. Cost-Effectiveness Analysis – calculates the ratio of cost to a non-monetary benefit
2. Cost-Benefit Analysis -monetizes the benefits and costs associated with an intervention and then compare them to see which one is greater
3. REDF‘s SROI -demonstrates the social, enterprise, and blended value accrued to society
4. Robin Hood’s Benefit/Cost Ratio- captures the best estimate of the collective benefit to poor individuals that Robin Hood grants create per dollar cost to Robin Hood “measured in part by the boost in income of poor individuals due to the grant”
5. Acumen Fund’s Best Available Charitable Option – ratio that quantifies a potential investment’s social output and compares it to the universe of existing charitable options
6. Hewlett’s Expected Return Equation – (Outcome or Benefit X Probability of Success)
7. Center for High Impact Philanthropy Cost per Impact- provides philanthropists an answer to the question, ―How much does change cost?

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