For Immediate Release
STUDY FINDS BOYS & GIRLS CLUBS ARE A GOOD INVESTMENT
Benton Harbor, MI – The long-term economic benefits associated with the Boys & Girls Clubs of Benton Harbor providing youth development program services exceeds $20 million. A newly commissioned study by Boys & Girls Clubs of America (BGCA) found that Clubs are a sound investment, providing nearly $10 in benefits to the community for every dollar invested.
The study, conducted by the Institute for Social Research and the School of Public Health at the University of Michigan, found that every dollar invested in Boys & Girls Clubs returns $9.60 in current and future earnings, as well as cost-savings, to American communities. The biggest benefits are from Club members’ improved grades and reduced alcohol use and their parents’ earnings. Collectively, Boys & Girls Clubs across America spend $1.4 billion annually on operating costs, resulting in $13.8 billion in lifetime benefits to youth, families and society.
The study is the first national return on investment estimate for Boys & Girls Clubs. Researchers made use of newly available youth outcomes data, collected through surveys of local Club members, including the Benton Harbor Clubs the past two years, to examine how the costs providing Club programming compare to the long-term benefits for youth and families in economic terms.
The study indicates that Boys & Girls Club services and programs provide tremendous value for youth, families and their communities. Clubs help increase the earning power of parents, as well as of youth when they become adults. They also contribute to major savings for society by helping to prevent costly expenditures for health care, public assistance programs, and criminal justice system involvement and incarceration.
“We are thrilled to understand the investment value and economic impact our Clubs have. It’s an independent confirmation of the financial impact our Clubs have, not only to youth and teens, but their families and our community as a whole. According to the study, the Clubs are creating over $20 million annually in long-term local economic benefits.” said Brian Saxton, Chief Executive Officer of the Boys & Girls Clubs of Benton Harbor.
The Boys & Girls Clubs of Benton Harbor has been serving the youth who need us most since 1999. The Clubs provide afterschool and summer programs promoting educational and career development, character and leadership development, and healthy lifestyles for nearly 1,700 children and teens at the Fettig Youth Campus and Joel E. Smilow Teen Center. Learn more at www.bgcbh.org.