The Social Return on Investment in programs designed for young people living with a family member who experiences mental health challenges: study protocol

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...

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Main Authors: Andrea Erika Reupert, Nerelie Claire Freeman, Nivedita Nandakumar, Rochelle Hine, Rebecca Cain, Kim Foster
Format: Article
Language:English
Published: Frontiers Media S.A. 2025-01-01
Series:Frontiers in Public Health
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Online Access:https://www.frontiersin.org/articles/10.3389/fpubh.2024.1411580/full
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author Andrea Erika Reupert
Nerelie Claire Freeman
Nivedita Nandakumar
Rochelle Hine
Rebecca Cain
Kim Foster
author_facet Andrea Erika Reupert
Nerelie Claire Freeman
Nivedita Nandakumar
Rochelle Hine
Rebecca Cain
Kim Foster
author_sort Andrea Erika Reupert
collection DOAJ
description 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.
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spelling doaj-art-8eb68f9558da40f99cfb6b376c2e01702025-01-07T11:30:04ZengFrontiers Media S.A.Frontiers in Public Health2296-25652025-01-011210.3389/fpubh.2024.14115801411580The Social Return on Investment in programs designed for young people living with a family member who experiences mental health challenges: study protocolAndrea Erika Reupert0Nerelie Claire Freeman1Nivedita Nandakumar2Rochelle Hine3Rebecca Cain4Kim Foster5School of Educational Psychology and Counselling, Faculty of Education, Monash University, Clayton, VIC, AustraliaSchool of Educational Psychology and Counselling, Faculty of Education, Monash University, Clayton, VIC, AustraliaSchool of Educational Psychology and Counselling, Faculty of Education, Monash University, Clayton, VIC, AustraliaSchool of Rural Health, Faculty of Medicine, Nursing & Health Sciences, Monash University, Clayton, VIC, AustraliaIndependent Researcher, Melbourne, VIC, AustraliaSchool of Nursing, Midwifery and Paramedicine, Faculty of Health Sciences, Australian Catholic University, Melbourne, VIC, AustraliaThe 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.https://www.frontiersin.org/articles/10.3389/fpubh.2024.1411580/fullsocial return on investmentsocial cost–benefit analysisyoung carerchildrenparental mental illness
spellingShingle Andrea Erika Reupert
Nerelie Claire Freeman
Nivedita Nandakumar
Rochelle Hine
Rebecca Cain
Kim Foster
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
social return on investment
social cost–benefit analysis
young carer
children
parental mental illness
title The Social Return on Investment in programs designed for young people living with a family member who experiences mental health challenges: study protocol
title_full The Social Return on Investment in programs designed for young people living with a family member who experiences mental health challenges: study protocol
title_fullStr The Social Return on Investment in programs designed for young people living with a family member who experiences mental health challenges: study protocol
title_full_unstemmed The Social Return on Investment in programs designed for young people living with a family member who experiences mental health challenges: study protocol
title_short The Social Return on Investment in programs designed for young people living with a family member who experiences mental health challenges: study protocol
title_sort social return on investment in programs designed for young people living with a family member who experiences mental health challenges study protocol
topic social return on investment
social cost–benefit analysis
young carer
children
parental mental illness
url https://www.frontiersin.org/articles/10.3389/fpubh.2024.1411580/full
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