North Star Housing Group and Teesside University have partnered up for a project that measures the value of giving.
Graduate Beth Danby, 22, of Eaglescliffe, Stockton, has been employed as part of a 10-month project to measure the social value of housing association North Star’s Community Investment activity.
The organisation aims to strengthen communities through targeted funding and support.
Last year North Star helped fund around 35 projects, including working with children and young people, providing training and work opportunities, community-led housing schemes and education projects.
Thanks to Danby’s work, the impact of these activities on the communities they serve will be measured.
She said: “North Star’s Community Investment activity funds some fantastic projects, but the social value has not previously been measured. That means we’re not able to demonstrate the impact the funding or support we have provided has had.
“I am looking at ways of measuring this impact using a variety of methods including social return on investment, social accounts and audit, and in-house methods.”