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Models & Finances The financial potential of intergenerational p rograms. Overview. Why it’s important Examples Financial benefits One (1) chart! 5 takeaway points. Why it’s important. $26B. Age segregation ↑ costs, ↓ funding Sustainability. Examples.
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Models & FinancesThe financial potential of intergenerational programs
Overview Why it’s important Examples Financial benefits One (1) chart! 5 takeaway points
Why it’s important $26B Age segregation ↑ costs, ↓ funding Sustainability
Examples • Aged care facility / childcare early learning • E.g. KITE, OneCare, Strathern Scone • Aged care facility / retirement village / after & before school care • E.g. Blue Hills Vic • Aged care / retirement village / disability / commercial & retail • E.g. Box Hill Vic • Aged care / retirement village / tertiary education / research / commercial & retail • E.g. Western Sydney
How they Differ Multi - service Multi - delivery Multi - ownership
Financial Benefits Economies of scale Cross subsidisation Alternative income streams Additional funding Higher sales rates ↑ occupancy ↓ staff turnover Volunteer labour
One Chart 29%
One Chart 43%
One Chart 57%
5 takeaway points Start early Develop partnerships Establish a business case Beware possible downside New normal