The health and social impact of Blood Donors Associations: A Social Return on Investment (SROI) analysis

Abstract

Although research on blood donation abounds, no studies have yet attempted to estimate the socioeconomic value generated from Blood Donors Associations (BDAs). To fill this gap, the authors ran a Social Return on Investment (SROI) analysis on four units of the largest BDA in Italy, the Association of Voluntary Italian Blood Donors ("Avis"). This study used multiple methods for data collection and analysis. A systematic literature review helped the identification of proper financial proxies to highlight the economic value of the social and health impacts experienced by Avis members. A focus group with key informants gathered their views on the areas of impact selected for the analysis: early detection of diseases, adoption of healthier lifestyles, social capital, human capital, personal satisfaction and reinforcement of a 'giving culture'. Primary data collection involved (a) an Activity Based Costing analysis (b) a self-reported questionnaire to 1.066 BDA members and unassociated donors enabling the comparison of the blood donation experience of these two groups. The SROI analysis resulted in four positive ratios, varying between €1.70 and €13.80. This study contributes to the knowledge on impact evaluations in TSOs. Policy implications refer to BDAs deserving financial and material support for their capacity to generate positive social impacts.

The Effectiveness Of Social Return On Investment (SROI) In The Kampong AMOI Program To Enhance Community Development: A Case Study Air Limau Village, Bangka Barat

“…SROI is a framework for measuring and accounting for a much broader concept of value. SROI seeks to reduce inequality and environmental degradation and increase well-being by combining social, environmental, and economic costs and benefits [6][7][8].SROI tells the change path in people or organizations related to measuring social, environmental, and economic values using a representative monetization approach [9].…”

The Ethical and Responsibility Components in Environmental Challenges: Elements of Connection between Corporate Social Responsibility and Social Impact Assessment

“…Definitely the analysis of the creation of value and the models, tools and elements analyzed in the two theoretical contributions to measure the moments, phases or processes that create value in terms of either performance or impact. The synoptic framework of the SII methods identified by Ricciuti and Bufali [22] is tracing the coordinates to consolidate mutual contributions and identify their efficacy evaluation indicators.…”

Towards a More Inclusive Society: The Social Return on Investment (SROI) of an Innovative Ankle–Foot Orthosis for Hemiplegic Children

“…In analyzing previous studies in sports, healthcare, childhood, and disability settings, it is evident that the identified stakeholders have been involved in interviews, focus groups, and questionnaires. In the input analysis, not only have financial costs been analyzed and considered, but given the social mission of the studies, also those related to donations and in-kind resources, such as volunteers, have been counted [23][24][25][26][27][28][29]. Outcomes have mainly been differentiated depending on the types of stakeholders and interventions.…”

“…No consensus has been reached on the definition of the financial proxies used to monetize the above-mentioned outcomes. The studies' durations have been set between six months and two years for the majority of them [25][26][27]29,[31][32][33][34], but information about the deadweight, attribution, displacement, drop-off, and discount rate has not always been available or detailed.…”