According to a survey by the National Forum of Philanthropic Institutions, for every BRL 1 invested in Third Sector shares, BRL 9.79 is returned to society.

In Brazil, the institutions of the Third Sector are fundamental to supply the deficiency of services offered by the State. Civil society organizations can act in several areas, such as education, social assistance and health.

But there are many people who still think that, even with the mission of caring for and creating opportunities for transformation and social mobility for those who need it most, the Third Sector does not bring financial returns to society.

However, a survey by the National Forum of Philanthropic Institutions shows that this is not the case. Check out the numbers below.

Third Sector in Brazil

Before understanding the counterpart of the Third Sector, it is necessary to understand the importance of organizations in the Brazilian context. Our country is extremely unequal. 

The Gini Index measures the degree of income concentration. That is, he points out the difference between the incomes of the poorest and the richest. Numerically, it varies from zero to one, with zero being the situation of equality, and one, the opposite extreme. In practice, the Gini Index usually compares the poorest 20% with the richest 20% 

In this index, Brazil has a score of 0.533. This is only a score higher than countries with a lower Human Development Index (HDI), such as Botswana, in Africa. Thus, the Third Sector tries to correct this situation, giving opportunities to the poorest 

Looking at the financial side, investing in the Third Sector is to be sure that the value will return even greater to society. In the survey published by the National Forum of Philanthropic Institutions, for every BRL 1.00 allocated, BRL 9.79 is returned to society.

In the area of ​​social assistance alone, where civil society organizations represent 40% of the services offered, each BRL 1 invested represents a return of BRL 12.75. In education, the return is BRL 4.96. 

The payment of the consideration considers the return of the total and qualitative value of the provision of services by philanthropic institutions in comparison with the value of the tax requirement. This philanthropic immunity represents 4.3% of total tax expenditures classified by the Federal Revenue. 

Our work

For more than six decades, the Instituto Ramacrisna has offered education, leisure, culture, sport, learning and professionalization actions for children, adolescents and adults in situations of social vulnerability.

In all, almost two million people have had their lives transformed by at least one of our projects, in 13 cities in the Metropolitan Region of Belo Horizonte. Our activities are aligned with nine UN Sustainable Development Goals:

• SDG 10: Reducing inequalities;
• SDG 4: Quality education;
• SDG 8: Decent work and economic growth;
• SDG 16: Peace, justice and effective institutions;
• SDG 9: Industry, innovation and infrastructure;
• SDG 5: Gender Equality;
• SDG 12: Responsible consumption and production;
• SDG 1: Eradication of poverty;
• SDG 3: Health and well-being. 

In the Impact Report, prepared in 2018, we measured the social return of some of our projects:

• Adolescent Apprentice: for every BRL 1.00 invested in training and inserting young people into the job market as apprentices, there is a social return of BRL 3.95;
• Ramacrisna Educational Support Center (CAER): with multidisciplinary activities for children and adolescents, the project returns to society BRL 4.15 for each investment of BRL 1.00;
• Vocational courses: teaching young people and adults to follow a new profession and get better placements in the job market, the return is BRL 5.59 for every BRL 1.00.   

Now that you know how our projects help the whole of society, make your donation and join this chain of good.