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Impact of Volunteer Literacy ProgramsLVA’s Economic Impact AnalysisAt the Literacy Volunteers of America (LVA) Conference held in Nashville during November 1999, a report on an Economic Impact Analysis prepared by A. T. Kearney was presented. This project was undertaken to determine the economic value that LVA services provide to society. The primary objective of the study was to evaluate the economic impact of each dollar invested in LVA. To accomplish the objective, an analysis of LVA’s cost structure, program offerings and student outcomes was completed. The project’s findings indicate that LVA has made a highly positive impact on its students. The key findings include:
These findings reflect results gathered from a sample which was then extrapolated to the national level. Although this does not necessarily correlate to everyone’s individual programs on the local level, it does provide statistical evidence that shows how important and economically valuable volunteer tutoring programs can be. |
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