Foundations for Social Impact Bonds: How and Why Philanthropy Is Catalyzing the Development of a New Market
March 04, 2014
This research was published more than 5 years ago, some information may be out of date.
Social Finance has released Foundations for Social Impact Bonds: How and Why Philanthropy Is Catalyzing the Development of a New Market, a report detailing how foundations are engaging with social impact bonds.
From original article: "Our research indicates that the foundations that have chosen to engage with this nascent market are doing so for a number of reasons and in a variety of ways. They are attracted to the tool’s potential to shift funding from remediation to prevention, focus on outcomes, encourage government efficiency, foster collaboration, amplify impact, and deploy capital through program-related investments (PRIs). Many viewed foundation engagement with SIBs as a natural outgrowth of philanthropy’s traditional role as an “idea shop” that may take on the risk of proving a concept before it can be scaled by government."
