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ERIC Number: ED387886
Record Type: Non-Journal
Publication Date: 1995-Aug
Pages: 38
Abstractor: N/A
Reference Count: N/A
ISBN: N/A
ISSN: N/A
A Cost-and-Benefit Study of Two Americorps Projects in the State of Washington.
Wang, Changhua; And Others
AmeriCorps is a national initiative that involves citizens in strengthening America's communities through community service. This document presents findings of a cost-benefit analysis of two AmeriCorps programs in Washington State--the Hoquiam Project and the Lake Chelan Project. In calculating annual costs, the study included both federal dollars invested and matched funds contributed by grantees. Costs occur locally in three major categories--participant support, staff costs, and operational costs. Benefits were divided into two types--those provided to the community, and those provided to AmeriCorps members. Findings indicate that the average benefit-and-cost ratios across the two projects were 2.4-to-1 at a 2 percent discount rate and 1.8-to-1 at a 5 percent discount rate. In other words, for every dollar (federal and matched) spent on the AmeriCorps projects, $2.40 could be expected in return at a 2 percent discount rate, and $1.80 at a 5 percent rate. Although many of the benefits could not be measured in dollars, the monetary benefits substantially exceeded costs. Further funding of the projects is recommended. However, other evaluation strategies should be used to evaluate AmeriCorps projects, including case studies, formative evaluations, and summative evaluations. Seven tables are included. The appendix explains calculation procedures. (Contains 11 references.) (LMI)
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Northwest Regional Educational Lab., Portland, OR. Education and Work Program.
Identifiers - Location: Washington