SROI Edmonton is a network of practitioners from United Way of the Alberta Capital Region, City of Edmonton, Edmonton Social Planning Council, Prostitution Awareness & Action Foundation of Edmonton (PAAFE), and the Social Enterprise Fund.
Through the development of a financial proxies database and the provision of training workshops, SROI Edmonton aims to standardize SROI practice within the greater Edmonton area. Specifically, SROI Edmonton strives:
- to promote the appropriate use of a consistent SROI methodolgy
- to develop capacity within Edmonton in SROI methodology, and
- to build a community of practitioners that shares knowledge, information and expertise with each other.
What is SROI:
SROI is a framework for measuring and accounting for social value, which may take the form of cost reallocations, cost savings, increased income and/or individual/community change. SROI is expressed as a ratio of impact/input. SROI is both an evaluative and a forecasting tool. As an evaluation tool, SROI tells the story of social impact. As a forecasting tool, it projects social value targets leading organizations to develop information systems to support the measurement of social value. In both cases, SROI applies the following principles:
- Involve Stakeholders
- Understand the Changes (Expected and Unanticipated)
- Value what Matters
- Materiality
- Do not over-claim
- Transparency
- Verify the Result
Excellent Websites:
Course Materials
If you are currently enrolled in the SROI Edmonton course and have recieved a login for the online component of our course. Click here to login and gain access to the materials and facilities avaiable to you.
- Get access to PowerPoints, Homework and Additional Reading
- Communicate with other attendees in our user forum
- Book one on one time with our course advisors