ECONOMIC IMPACT REPORT UNDERSCORES BOYS & GIRLS CLUBS OF THE VALLEY’S
POSITIVE OUTCOMES ON YOUTH, COMMUNITY
Every dollar invested in Boys & Girls Clubs of the Valley from 2020-2021 returned $15.60 in benefits in Maricopa County
PHOENIX (Sept. 30, 2022) – From improved high school graduation rates to reduced teen pregnancy, food insecurity and underage drinking, Boys & Girls Clubs of the Valley is making a positive, measurable impact on youth and the greater community.
These are the findings from a study by the L. William Seidman Research Institute at Arizona State University’s W.P. Carey School of Business. The study draws from primary and secondary survey research and operational data supplied by the Clubs’ Phoenix office from July 2020 through June 2021.
For every dollar invested in operations and capital expenditures during that time, the Clubs conservatively delivered $15.60 in benefits in Maricopa County.
“Giving back to our kids has never been more important, considering the trauma, learning deficits, and mental health challenges they experienced during and coming out of the pandemic,” said Marcia Mintz, president and CEO of BGCAZ. “The ASU Economic Impact report gives context to the larger impact Boys & Girls Clubs of the Valley is having on families and ultimately on the community. Working parents rely on Clubs for care, and this in turn has a positive impact on our economy, not just the families who BGCAZ serves. This social return on investment (SROI) reports paints a more complete picture of the outcomes and outputs that we have as an agency and an employer.”
As a mid-size employer, Boys & Girls Clubs of the Valley invested more than $15 million in after-school and summer enrichment programs and operations to serve 13,000+ K-12 youth in 2020-2021. The total value of monetized socio-economic benefits for Club members, their families, and the Maricopa County economy exceeded $236 million.
Among the positive outcomes:
- A $10.3 million economic gain in lifetime earnings over 40 years, thanks to improved graduation rates;
- A nearly $9 million estimated saving in adverse food insecurity outcomes;
- Up to $3.9 million in cost savings due to lower teenage pregnancy and motherhood costs;
- Lifetime non-smoker savings of almost $8 million;
- $13.4 million in lifetime enhanced physical activity benefits;
- An enhanced opportunity for parents to work, contributing $166.6 million to Arizona’s economy in FY2021 alone.
Read the Full Press Release (PDF)