[Minneapolis, MN] – Bountifield International is pleased to present the publication of its recent social return on investment (SROI) study and analysis to demonstrate the social impact value of its programs for entrepreneurs, smallholder farmers, and rural communities. This research and analysis were conducted in partnership with Ecotone Analytics and sponsored by Zinpro Corporation.
An SROI is similar to a general return on investment (ROI) analysis but estimates cost benefits of social impacts that are not necessarily accounted for in traditional ROI of a business investment. The results of this study demonstrate that for every $1 invested into Bountifield programs, a $6.42 SROI is generated. Smallholder families and their communities see immediate impact in terms of improved wellbeing, greater economic opportunity, higher incomes, and increased nutrition.
“This valuable study really helps us to dive deeper into understanding the impact of our programs in rural Africa,” said Alexandra Spieldoch, CEO of Bountifield International. “In partnership with Zinpro, we can help millions of people living in poverty by providing them with tools and services they desperately need. This is so powerful as we work to achieve Zero Hunger and other Sustainable Development Goals (SDGs) of the United Nations.”
This study was made possible with the support of Zinpro Corporation, the leading provider of animal nutrition solutions.
“At Zinpro, we work to achieve better health and wellbeing for animals and people all over the globe – so we appreciate Bountifield’s vision of an Africa that’s free from hunger, poised to feed the world,” said Rob Sheffer, Zinpro president and chief executive officer. “We are proud to support Bountifield’s work in helping rural entrepreneurs and communities efficiently process, save and sell more food.”
The study was conducted by Ecotone Analytics using industry leading methodology including both first-hand and secondary data from a thorough analysis of existing research of the programmatic impact areas.
For 40 years, Bountifield International has spearheaded small-scale postharvest technology projects in rural communities globally, benefiting more than a million people in over 50 countries along the way. Today, the organization is focused on sub-Saharan Africa where there is the greatest need to link innovation with efforts to achieve food security and inclusive growth. Bountifield was founded in 1981 by retired food scientists and engineers from General Mills and Pillsbury and is headquartered in Minneapolis, Minnesota with current programs in Kenya and Malawi. Visit www.bountifield.org for more information.
Ecotone Analytics is a strategic consultancy dedicated to turning metrics into models for social and environmental change. Our team of experienced researchers, analysts, and economists uses their depth and breadth of knowledge in organizational design, applied economics, and systems-thinking to help organizations build evidence-based models for social innovation and systems change. We work alongside our clients to build bold solutions for racial equity; economic mobility; education access and equity; housing affordability; climate resiliency; biodiversity; healthcare access; and social and gender justice. And we deliver strategies for bringing those big ideas to scale, so we can help build bolder and better businesses and nonprofits, and a better future for more people and the planet. To learn more please email firstname.lastname@example.org
For more than 50 years, Zinpro has improved the health and wellbeing of both animals and people as a pioneer in the research and development of performance trace minerals and innovative solutions. As a family-owned, privately held company, our steady growth has come as a result of quality products, a world-class team of experts and a commitment to helping our customers achieve more through science-based trace mineral nutritional solutions. With 11 regional offices in 10 countries and products marketed in more than 70 countries worldwide, Zinpro is the global leader in advancing greater nutrition and smarter practices for a better, more sustainable world. To learn more visit www.zinpro.com.