ERIC Number: ED440300
Record Type: Non-Journal
Publication Date: 1999-Aug-3
Reference Count: N/A
Economic Impact Analysis. Project Report.
Literacy Volunteers of America, Inc., Syracuse, NY.
A study determined the economic impact of each dollar invested in Literacy Volunteers of America, Inc. (LVA). The analysis included 217 interviews, 165 in New York and 52 in Wisconsin; analysis of economic impact; and statistical validation and analysis. For every dollar spent by LVA, the value created (return) to the overall economy was a multiple of approximately 11 and ranged from 5-41. Tutors improved the multiple to 33 by donating their time, and the range improved to 15-125. The economic impact ratio was approximately consistent between New York and Wisconsin but varied somewhat, depending on the goals and outcomes of students. Overall, students were very satisfied with the economic improvements they had realized as a result of LVA's efforts. Students also experienced significant improvements in their basic skills, as well as in their roles as parents, citizens, and employees. LVA was the primary source of the improvements in most aspects of students' lives. Learners acquired survival skills, participated more actively in their children's education, enhanced their employment skills, showed a significant increase in job satisfaction, and became more involved in their communities. Numerous graphs are provided throughout. (Contains an 11-item bibliography.) (YLB)
Publication Type: Numerical/Quantitative Data; Reports - Evaluative
Education Level: N/A
Authoring Institution: Literacy Volunteers of America, Inc., Syracuse, NY.