COLUMBUS, GA (WTVM) - A new study shows that the Boys and Girls Clubs of Georgia are getting a nice return on their investment.
They study found that every $1 invested in Boys and Girls Club in Georgia returns $7.20 in current and future earnings, as well as cost-savings, to community. This was conducted by the Institute for Social Research and the School of Public Health at the University of Michigan.
The biggest benefits are from club members' improved grades and reduced alcohol use, and their parents' earnings.
Collectively, Georgia Boys and Girls Clubs spend $41 million annually in operating costs, resulting in $292 million in lifetime benefits for youth, families and society.
The study is the first return on investment estimate for Georgia's Boys & Girls Clubs.
"We were thrilled, but not surprised, to receive the results of this study. We have long known how valuable Clubs are to our community, but it's great to have independent confirmation of the benefits Clubs provide, not only to young people, but to their parents and the community as well," said Rodney Close, CEO of the Boys and Girls Club of the Chattahoochee Valley."
Every year the Boys & Girls Clubs of the Chattahoochee Valley spends $2.3 million on operating costs, creating over $16 million in economic benefits to youth, families and the community.
For more information about the Boys and Girls Club of the Chattahoochee Valley click here.