Together with our sponsors, partners, and supporters, we strengthen equal opportunities and educational equity for children and teenagers.
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One aspect that immediately caught our attention was the proposal of an idea that may seem simple but is no less important: giving many young people the opportunity to participate in leisure activities that can really make a difference in their personal development.
What impact does one euro invested in Hobby Lobby have? This question was examined by the Center for Nonprofit Organizations and Social Entrepreneurship at the Vienna University of Economics and Business as part of a Social Return on Investment (SROI) study. The study analyses, quantifies, and monetises the social and financial effects of Hobby Lobby.
The results are impressive: every euro invested generates a social added value of €21.27. This means that the investments pay off more than 21 times in terms of positive societal effects. According to the study, a key factor behind this high level of impact is the preventive nature of Hobby Lobby’s programmes. By supporting children and teenagers early on, long-term effects are created in the areas of education, personal development, health and social inclusion.
…that have been proven to be impactful and create greater equality in education and opportunities.
Founder and CEO
… for all children and teenagers, regardless of their socioeconomic status.
…of the importance of informal education and informal learning.
… by promoting language skills and developing leadership and social skills.
… through equal opportunities and educational equity.
… by a multi-professional team with many years of experience.
… thanks to well-founded documentation, ongoing evaluation, and accurate accounting.
… in our public relations work as a decisive contribution to greater educational and opportunity equality.
Greater equality of opportunity and education for children and teenagers can only be achieved by working together. That is why we are particularly grateful to have such great partners at our side. Without funding from the federal, state, and local governments, as well as support from foundations, Hobby Lobby would not be where it is today. With your support, we can continuously expand our range of courses, reach even more children, and thus make an active contribution to a strong and sustainable society.
Our impact has been scientifically proven: every euro invested in Hobby Lobby generates a measurable social benefit of €21.27, based on the SROI Study conducted by the Center for Nonprofit Organizations and Social Entrepreneurship at the Vienna University of Economics and Business.
