The Social Return on Investment in programs designed for young people living with a family member who experiences mental health challenges : study protocol
Journal article
Reupert, Andrea, Freeman, Nerelie, Nandakumar, Nivedita, Hine, Rochelle, Cain, Rebecca and Foster, Kim Narelle. (2024). The Social Return on Investment in programs designed for young people living with a family member who experiences mental health challenges : study protocol. Frontiers in Public Health. 12, pp. 1-12. https://doi.org/10.3389/fpubh.2024.1411580
| Authors | Reupert, Andrea, Freeman, Nerelie, Nandakumar, Nivedita, Hine, Rochelle, Cain, Rebecca and Foster, Kim Narelle |
|---|---|
| Abstract | The purpose of this paper is to describe the protocol for the evaluation of programs offered by the Satellite Foundation, designed for, and with, children and young people aged between 8 and 25 years who have family members experiencing mental health challenges. To achieve this, the Social Return on Investment (SROI) method was chosen. SROI is an economic measurement tool used to apply a monetary value to socially situated outcomes. In this study, SROI will be used to provide a means of quantifying the social impact generated by various programs offered by the Satellite Foundation, a community-based mental health organisation. These programs are designed for children and young people who have a family member who experiences mental health challenges, with the aim to promote resilience, hope and connectedness. Given that traditional financial metrics often fail to capture societal benefits, SROI offers a systematic approach to measuring the economic and often intangible social outcomes of any given endeavour. This protocol will describe the SROI method, who the stakeholders are, and how they are engaged. The rationale for the monetisation of outcomes is shown. Other SROI steps are presented, including how impact was established, and the proposed method of calculating the SROI. The limitations and potential benefits of this economic measurement approach are also discussed. |
| Keywords | social return on investment; social cost–benefit analysis; young carer; children; parental mental illness |
| Year | 01 Jan 2024 |
| Journal | Frontiers in Public Health |
| Journal citation | 12, pp. 1-12 |
| Publisher | Frontiers Research Foundation |
| ISSN | 2296-2565 |
| Digital Object Identifier (DOI) | https://doi.org/10.3389/fpubh.2024.1411580 |
| Web address (URL) | https://www.frontiersin.org/journals/public-health/articles/10.3389/fpubh.2024.1411580/full |
| Open access | Published as ‘gold’ (paid) open access |
| Research or scholarly | Research |
| Page range | 1-12 |
| Publisher's version | License File Access Level Open |
| Output status | Published |
| Publication dates | |
| 07 Jan 2025 | |
| Publication process dates | |
| Accepted | 25 Nov 2024 |
| Deposited | 12 Feb 2025 |
| Additional information | © 2025 Reupert, Freeman, Nandakumar, Hine, Cain and Foster. |
This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms. | |
| Place of publication | Switzerland |
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| OA_Foster_2024_The_social_return_on_investment_in.pdf | |
| License: CC BY 4.0 | |
| File access level: Open | |
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