Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 52 Page 53 Page 54 Page 55 Page 56 Page 57 Page 58 Page 59 Page 60 Page 61 Page 62About Social Ventures Australia Social Ventures Australia (SVA) works with innovative partners to invest in social change. We help to create better outcomes for disadvantaged Australians by bringing the best of business to the for-purpose sector, and by working with partners to strategically invest capital and expertise. SVA Impact Investing introduces new capital and innovative financial models to help solve entrenched problems. SVA Consulting partners with non-profits, philanthropists, corporations and governments to strengthen their capabilities and capacity to address pressing social problems. SVA has extensive experience analysing Indigenous Programs for the Australian Government and non-profit organisations. This work has included: •  Two Social Return on Investment analyses of Kanyirninpa Jukurrpa’s (KJ) on-country programs, including Indigenous land management activities funded through the Australian Government’s Working on Country (WoC) programme; •  Social Return on Investment analyses of five Indigenous Protected Areas (IPAs) for the Department of the Prime Minister and Cabinet (PM&C); and •  Three predictive Social Return on Investment analyses of selected projects funded under the Indigenous Justice Programme (IJP) for PM&C. SVA has also worked closely with the Kimberley Land Council’s Land and Sea Management Unit, which manages ten WoC funded ranger groups and seven IPAs in Western Australia. SVA has prepared this report in good faith on the basis of our research and information available to us at the date of publication (“Information”) without any independent verification. SVA does not guarantee the accuracy, completeness or currency of the Information. This report was prepared by SVA for the use and benefit of our client only and solely for the purpose for which it was provided. It must not be relied upon by any third party without SVA’s consent. SVA does not accept any liability if this report is used for an alternate purpose from which it was intended, nor to any third party in respect of this report. This work is copyright. Apart from any use permitted under the Copyright Act 1968, no part may be reproduced by any process or in any form by any third party without obtaining prior written consent from SVA and our client. Requests and inquiries concerning reproduction and rights should be addressed to: Social Ventures Australia: attention Director, Legal, Level 6, 6 O’Connell Street, Sydney NSW 2000.