Social Impact Bonds (SIBs) represent a new and particularly disruptive form of social service privatization that bears resemblance to the introduction of public private partnerships for the development of hard infrastructure. Social impact bonds pose a major risk to the preservation of valuable public services. Based on this detailed critique, unions and non-profit organizations involved in the delivery of services to people must oppose them.
Social Impact Bonds (SIBs) represent a new and particularly disruptive form of social service privatization that bears resemblance to the introduction of public private partnerships for the development of hard infrastructure. Social impact bonds pose a major risk to the preservation of valuable public services. Based on this detailed critique, unions and non-profit organizations involved in the delivery of services to people must oppose them.
BOSTON, Jan 29 (Reuters) - Massachusetts said on Wednesdayit will fight youth crime in the state by using the nation'slargest social impact bond - an alternative way to fundgovernment programs that
Sir Ronald Cohen, outgoing chair of Big Society Capital, has said social investment is gaining traction internationally, with both Nando's and Goldman Sachs launching new social investment products.
The SVX is registered as a Restricted Market Dealer with the Ontario Securities Commission. No securities regulatory authority has approved or expressed an opinion about the securities offered on the SVX.
Minister for Employment and Social Development and Minister of Multiculturalism Jason Kenney delivers a keynote speech at the Social Enterprise World Forum.
Children of Australia's richest families will meet Microsoft founder Bill Gates in the U.S. Sep. 30-Oct. 3, 2013 as part of Philanthropy Australia's New Generation of Giving (New Gen) Program.
Read 'Social impact bonds should offer lower risks or higher returns, says report' and the latest charity & voluntary sector news & best practice on Third Sector
How much should we trust private corporations to solve public problems? That’s the question cash-strapped state and local governments are asking as they experiment with private partnerships to fill the funding gaps that tax dollars can’t.
While energy around social impact bonds continues to build in places like Canada, the U.S. and the U.K., Enterprising Non-profits Canada team manager David LePage is calling for clarity and more expansive thinking.
There is something in the air. Collaborative working spaces, social innovation, crowdsourcing and crowdfunding, impact investing, social impact bonds, vent
However, the nature of philanthropy is also changing, according to Judith Rodin, president of the Rockefeller Foundation, the $4bn (£2.6bn) -endowment charity founded by John D Rockefeller in 1913.
“There simply isn’t enough money in philanthropy and in governments and development aid to solve all the problems in the world effectively,” she says.
“So we’ve been looking at ways to unlock private capital and the innovation and the energy of the capital markets towards a social purpose.
“We started to see a number of very wealthy younger investors who were saying that they didn’t want to do their philanthropy with the right hand and their investing with their left hand.