∷ Beijing Yifang Foundation → Development of Public Welfare Sector [Research] → 2014
• Social Impact Assessment Fund
Partner Organization: Hong Kong Institute of Social Impact Analysts
Project Duration: Dec 2014 – Dec 2017
Project Status: Completed
The Social Impact Assessment Fund (SIA Fund) – the first of its kind in Hong Kong – was initiated by the Xu Family Charitable Foundation, the Beijing Yifang Foundation and the RS Group which partnered the Hong Kong Institute of Social Impact Analysts. The fund hopes to encourage non-profit organizations in Hong Kong, mainland China and East Asia to acquire more social impact tools in order to continuously improve project design, implementation and evaluation standards, ultimately raising the capabilities of research talents in social enterprises. In 2015, the fund launched several studies, including a study on how to value happiness and comparing the SROI and B Impact Assessment frameworks.