The document discusses tools to measure the social value and impact of transferring assets to community organizations. It outlines two tools - a social value tool to help local authorities evaluate asset transfer decisions, and an impact measurement tool to assess the difference owning an asset makes for an organization and its activities. The impact tool involves creating a baseline and "impact map" to track outcomes over time. The goal is to provide a more rounded assessment than just financial figures. Testing of the tools is underway with two community groups in Birmingham.

1. Measuring social value and impact in asset transfer End of project workshop, 23 rd March 2010 Tony Rich Rich Regeneration

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14. Rich Regeneration Objectives/ aims of the organisation Outputs Outcomes Outcome indicators Strengthen governance X no of residents applying for directorships Promote wider acceptance of WLCA Board elections well contested Increase participation X no of volunteers at centre Increase in involvement in WLCA Residents reporting feeling more involved Improve communication X no of +ive responses to marketing Improved access to WLCA services Recognition of role of WLCA by local people Strengthen local partnerships No of people using stat services from centre Improved access to stat services for local people Value of stat service contracts delivered from centre

15. Rich Regeneration Objectives/aims of services delivered Outputs Outcomes Outcome indicators Promote skills/tackling worklessness No. of people accessing training centre Increase in local skill levels Sustainable employment gained Promote education No. of children undertaking afterschool activities Improved education outcomes Education performance by target group Alleviate poverty No of people transferring to Credit union Reduction in local indebtedness Value of credit union loans Promote community safety No. attending police surgeries Improved community safety Reporting of anti-social behaviour