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Collaborative Community Support for People Impacted by Dementia: A Social Return on Investment Analysis
Anne Miller1, Karenn Chan2, Blair Wold3
1Anne Miller, is the principal consultant at Constellation Consulting Group, Calgary, AB, specializing in research, evaluation and social return on investment analysis.
The Connecting People and Community for Living Well initiative created over $6 in social value for every $1 invested. This demonstrates the significant impact of community-based dementia support in rural areas.
Area of Science:
- Public Health
- Social Gerontology
- Community Health
Background:
- Dementia impacts individuals and communities, particularly in rural areas with limited resources.
- Community-based initiatives are crucial for supporting the well-being of those affected by dementia.
- The Connecting People and Community for Living Well (CPCLW) initiative addresses these needs in rural settings.
Purpose of the Study:
- To evaluate the social value generated by the CPCLW initiative.
- To assess the return on investment for community-based dementia support programs.
Main Methods:
- A Social Return on Investment (SROI) analysis was conducted.
- Data was collected over a 12-month period (March 2022 - March 2023).
- The analysis quantified the social value created relative to financial investment.
Main Results:
- The CPCLW initiative generated over six dollars in social value for every dollar invested.
- Significant value was created for multiple stakeholders, including individuals with dementia, their families, and the community.
- Investment in multi-sector, community-based teams yielded substantial social returns.
Conclusions:
- Community-based dementia support initiatives in rural areas are a valuable investment.
- Collaborative, multi-sector approaches effectively maximize social value and improve well-being for those impacted by dementia.
- The CPCLW model demonstrates a successful strategy for sustainable community health and support.
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