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Eugenides Foundation – SROI

The Eugenides Foundation is a non-profit organization in Greece dedicated to promoting education in science, technology, and maritime studies. Based in Athens, it is widely known for the Eugenides Foundation Planetarium and its educational programs, exhibitions, and publications that aim to make scientific knowledge accessible to students, professionals, and the public.

The Challenge

Eugenides Foundation face the challenge of demonstrating its value in a way that goes beyond visitor numbers and event counts. As a public-facing educational institution, many of its benefits are real but harder to measure and communicate in financial terms. The need for an SROI arises from the importance of translating these outcomes into credible, evidence-based impact that can strengthen accountability to stakeholders, support funding and partnership discussions, and guide internal decisions on where programs deliver the greatest social value.

The Solution

CSE supported the Eugenides Foundation by conducting a full Social Return on Investment (SROI) assessment for the operation of the Planetarium and the Science & Technology Center, providing a structured, evidence-based view of the social value they create. CSE developed the impact framework (Theory of Change), identified and engaged key stakeholder groups and mapped the main outcomes such as science learning, inspiration toward STEM pathways, accessibility and inclusion, and broader educational value. Using SROI principles, CSE then collected and analyzed operational and participation data, selected appropriate financial proxies to monetize priority outcomes, and applied standard adjustments to produce a credible SROI ratio and impact narrative. The final deliverables included the SROI results, a transparent methodology and evidence base, and practical recommendations to strengthen impact measurement and improve programs over time.

The Benefits

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Clear, quantified proof of impact via an SROI ratio that translates outcomes into social value

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Better funding and partnership support with evidence-based impact for proposals and sponsorship discussions

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Stronger accountability and transparency to stakeholders

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