Breaking the Cycle of Homelessness

The Lord's Place is dedicated to Breaking the cycle of homelessness by providing innovative, compassionate and effective services to men, women and children in our community.
 

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News & Announcements

 

 

Social Venture at The Lord's Place

SEED stands for Social Enterprise Employment Development.The Lord’s Place CEO Diana Stanley explains the concept: “Through our innovative SEED Fund program, we’re taking a venture capital approach to job training and employment for the homeless. Our goal is to use the fund to help formerly homeless individuals gain sustainable employment through our current and future social enterprises and to deliver a strong financial return to our community. As the homeless leave their lives of desperation and hopelessness and find meaningful employment, the return on investment to the public is significant through a dramatic reduction in expensive public and private service costs, as well as an increase to the tax base.”

The Lord’s Place is pleased to announce that the SEED Fund has already received a $250,000 commitment fromThe Anne Goss Foundation. “We are proud to be the anchor investor in this unique venture philanthropy vehicle to support entrepreneurship within the nonprofit sector,” said Richard L. Cosnotti, managing trustee of The Anne Goss Foundation.The goals of the SEED Fund are to raise $1 million in private venture philanthropy dollars with an anticipated return of $2.22 to the community for every dollar investedin the life-changing programs for the homeless. This translates into a 122 percent return on investment. 

According to The Lord’s Place Board Member and Chair of its Advancement Committee Cornelia Thornburgh, “These benefits accrue to the community through reductions in emergency room visits, law enforcement and judicial system activities and public entitlements, while increasing the tax base with more people paying taxes through employment. Instead of using the standard term of return on investment, we are using social return on investment and a 122 percent SROI is a healthy return for any investor.”

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Monday Meeting: Diana Stanley, CEO of The Lord’s Place

By Carolyn DiPaolo
Palm Beach Post Staff Writer

The Lord’s Place is broadening its social enterprise efforts at the agency, which is a nationwide trend and one non-profit organization dedicated to ending homelessness is leading locally.

It is just this type of leadership for which Diana Stanley was recognized recently with the Women of Worth Stiletto award in the non-profit sector by the Central Palm Beach County Community Foundation.

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Second Chance Act National Conference

Congratulations and well done to Craig Spatara of the
CJC, Jennifer Loyless of the Public Defenders Office and
Daniel Gibson of The Lord's Place who were asked to
speak regarding reentry services at the Second Chance
Act National Conference in Maryland!

 

 

 

 

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Success measures

       81% Is the rate of past jail/prison stays among homeless participants at The Lord’s Place.
       22% Is the percentage of alumni who report an arrest since program exit.
       $26,600 Is the average cost of a stay at the county jail.
       139 Is the number of people not arrested as a result of housing programs at The Lord’s Place.
       $3,697,400 Is the savings to the community in reduced jail stays.
       $10,907 Is the savings in reduced jail stays per person served.

 

 

 

 

 

The Lord's Place

2808 N. Australian Ave, West Palm Beach, FL 33407
Phone: 561.494.0125
info@thelordsplace.org

2012 The Lord's Place

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Contributions benefit The Lord’s Place, a not for profit tax exempt organization. A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION OF THE LORD’S PLACE, CH3776, MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL FREE 1-800-435-7352 WITHIN THE STATE OF FLORIDA. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL OR RECOMMENDATION BY THE STATE. The Lord’s Place receives 100% of each contribution with 0% given to a professional solicitor.