Case Name :      Ace Social Venture Fund: Estimating Social Value Creation

Authors :           Suneel C. Udpa

Source :             North American Case Research Association (NACRA)

Case ID :            NA0001

Discipline :        Accounting

Case Length :    14 pages

Solution sample availability : YES

Plagiarism : NO (100% Original work)

The ACE Venture Fund case is a 501(c)3 social venture fund that hopes to invest in projects that help the poor around the world. The donors of the fund, 15 Boston-based high-tech entrepreneurs, were interested in backing social entrepreneurs who had innovative and unique approaches to solving social problems. The case provides opportunities for students to: understand how to develop a cohesive strategy for a venture focused on maximizing social value; explore the range of approaches available to evaluate the social impact of investments in the nonprofit sector as well as in the field of corporate social responsibility; appreciate the importance of defining the metrics, especially in the field of social value creation, since there are no standardized definitions for even the commonly used metrics; understand the specific data needs under various approaches; and understand the implications of the data requirements of various approaches on project selection for funding.