| New Research Reveals Significant Economic Value In Minnesotas Youth Mentoring and Intervention Programs
The Mentoring Partnership of Minnesota (MPM) and Minnesota Youth Intervention Programs Association (YIPA) publicly released the first-ever formal economic estimate of the cost and benefit of youth mentoring and youth intervention programs in Minnesota on April 17, 2007 at the University of Minnesota.
Thank you to economists Paul Anton, chief economist for Wilder Research, and Judy Temple, an associate professor with a joint appointment in the Hubert H. Humphrey Institute and the Department of Applied Economics at the University of Minnesota for conducting the companion studies on quality youth mentoring and youth intervention.
Quality youth mentoring programs can expect a $2.72 return for every dollar spent on effective mentoring programs in the state, and an average return of $4.89 for every dollar invested in youth intervention programs, according to conservative estimates outlined in the two studies.
Thank you to the Curtis L. Carlson Family Foundation, Center for 4-H & Community Youth Development of the University of Minnesota Extension and IWCO Direct of Chanhassen for funding support for the youth mentoring social return on investment study.
See the links at the bottom of the page to download the executive summary of the Mentoring SROI Study, a graphic outlining the benefits to youth and an SROI presentation.
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