Smile Vaults, an initiative dedicated to uplifting communities, has just unveiled its latest Impact Report, shedding light on its transformative influence on charities and community groups from February 2016 to November 2023.

Smile Vaults offers free-to-hire equipment, facilitating a positive impact on charities and community groups. Using the Social Value Engine, Smile Vaults quantifies its social value and social return on investment (SROI), providing insights into its profound effects.

Established to bolster charities and community groups in their events, fundraisers, and initiatives, Smile Vaults offers an array of free equipment, including gazebos, tables, chairs, and cutting-edge technology. Managed by dedicated volunteers, Smile Vaults’ libraries oversee equipment, bookings, deliveries, and offer crucial guidance to users.

The initiative engages in multifaceted activities: equipment provision, advice, support, promotion, volunteer recruitment, training, and performance evaluation. Its intended outcomes span capacity enhancement, mission awareness, social cohesion, improved well-being, and environmental sustainability through equipment reuse.

Key Highlights from Smile Vaults’ Impact Report:

– Overall Impact: 279 organisations currently registered.

– Inventory: 195 diverse products available for borrowing.

– Support: 2,241 orders fulfilled, lending out a total of 25,159 products.

– Cost Savings: Saved community groups over £70,000 and about £58,000 on equipment hire in the last 12 months.

Community Impact:

The impact of Smile Vaults on the community and benefiting organisations has been significant. It has empowered local charities and community groups, enabled more effective event organization and fostered support.

Testimonials from Beneficiaries:

– Neighbourhood Network praises the Vault’s role in effective organisation of community events.

– Artlink Hull acknowledges its crucial support for their events due to limited funding.

– Aim Higher reports fundraising success through equipment support.

– Beverley Minster School PTFA also emphasizes the financial leverage gained through equipment borrowing.

Smile Vaults’ commitment to community and sustainability is evident in its multifaceted contributions, generating substantial social value and SROI. The Impact Report underscores the importance of initiatives like Smile Vaults in enhancing community life across the Humber region.

For charities and community groups in Hull and East Riding, Smile Vaults libraries are a beacon of support. Join in creating impactful change and uplifting communities.

Visit https://smilevaults.org/ to learn more.