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Attempts have been made to address some issues of social impact bonds. Immediate savings for the commissioner has been looked into by providers developing SIBs. Social impact bonds remain the best tool to delivering meaningful social impact at scale. The Life Chances Fund has been positive and seeks applications for round two.
The intent of SIBs is to allow charities and social enterprises to innovate and develop new service delivery models and to improve the lives of service users. Various characteristics of SIBs are attractive. Social investors can see social and financial outcomes. Some complaints about SIBs are misguided. They have to work with individuals with complex needs where an event can undermine months of progress. It takes time to unfold suitable performance to serve as indicators of the desired impact.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
A "first-of-its-kind impact investing network" in the Philippines is putting its money where its mouth is, in the form of collateral-free loans to women-led social and environmental...more
"It is simply not good enough that, for many advisers, their understanding of AI is that information goes into a black box,'magic happens' and something comes out." So said the outgoing director...more
"The future is green, and it's ours to invest in." That's the takeaway from Elysabeth Alfano, CEO of VegTech Invest, who is offering an online course on "Impact Investing with Plant-based...more
"Without actively looking for it, I came across a problem to solve, a powerhouse co-founder and an idea worth pursuing, so I decided to go for it," Alba Forns tellsEquities News. Forns is the...more
It's no secret that Africa's livestock industry plays a big role in the region's economy. In fact, the demand for livestock products is expected to grow by 50% by 2030, notes Business...more
Foundation: Ford Motor Company Fund
The Ford Motor Company's philanthropic arm is getting a new name: Ford Philanthropy. The rebranding reflects Ford's 75-year legacy of "driving impact in Ford communities around the world," says...more
The winner of this year's Sustainova Startup Challenge in Saudi Arabia has a message for the rest of the world: "If you want to save the planet, you have to start now." The startup contest,...more
Pakistan's capital is home to more than 200 million people and is expected to see a massive increase in population by 2050 as the country's economy continues to grow at a rapid rate, the BBC...more
Foundation: Gates Foundation
One of the world's richest men is pushing to make Hong Kong a "philanthropic hub" in the region. The city's chief executive, Leung Chun-ying, says he wants to make it "a bridge between China and...more
A Joplin, Mo., high school's science program is going to be able to keep going thanks to a $5,000 grant from the American Water Charitable Foundation. The money will be used to fund future...more
Social Entrepreneurship
Spotlight
Social Enterprise: Reaching Out to the Private Sector for Help
John Converse Townsend, a Forbes contributor, shares what can the private sector do for a social enterprise. He encourages social enterprises to reach out to corporations for help to scale up their businesses.
