The Treasury Is About To Release $50 Million in Social Impact Partnerships to Pay for Results Act Funding
In April, the Treasury issued a request for comment ahead of a second SIPPRA NOFA. Our team, which supported five of the eight finalist applications that Treasury reviewed following the initial NOFA and launched the first outcomes-based initiative to receive SIPPRA dollars, took this opportunity to provide recommendations for the next round of funding distribution.
Read MoreElevating Community Voices as an Impact Investing Lawyer
At Social Finance, we build impact investments and advisory projects to drive measurable outcomes in education, economic mobility, health, and housing across the U.S. As such, the input of people from the communities we serve is critical, even for our legal work....
Read MoreUnlocking Public Dollars for Guaranteed Income: A Primer for Philanthropy
This blog was originally published by Philanthropy California. ...
Read MoreSocial Finance Announces New Career Impact Bond with Clinical Research Fastrack to Expand Access to Clinical Research Job Training, Economic Mobility
The impact investing nonprofit is working to finance clinical research training and introduce new talent and greater diversity to a fast-growing profession....
Read MoreIdentifying Barriers to Workforce Participation in Connecticut
Even before the onset of the Covid-19 pandemic, the State of Connecticut faced a series of workforce challenges: skilled workers were taking job opportunities in neighboring states, leaving employers in the lurch. At the same time, as in many other states, unemployed and underemployed residents in Connecticut were facing significant barriers to economic mobility, including a lack of access to affordable training programs and supportive services. ...
Read MoreLearning to Do Better: Building the Evidence Base on Career Impact Bonds and Economic Mobility
You can’t improve something if you don’t know it’s working. As a researcher and program evaluator, I’ve spent my professional career assessing interventions to determine if they are improving people’s lives. But waiting years to measure a program’s outcomes isn’t enough. By the time you have the results, it’s too late for the many individuals who continue to receive those services....
Read MoreMeet Social Finance’s Vice President, Public Sector Partnerships, Donnie Charleston
Donnie Charleston recently joined Social Finance to help lead its growing public sector partnership work. In this interview, Donnie discusses his background in local and state government and his vision for supporting public sector institutions seeking to spark change.
Read MoreModern Analytics, New Possibilities: Paying (Less) for Outcomes to Counter the Opioid Epidemic
In February, after years of intense litigation, 46 states and thousands of local governments agreed to a $26 billion dollar settlement with four of the country’s largest drug distributors to end all civil liability for their role in that opioid epidemic. These funds will be made available across the country for addiction treatment, prevention services, and social services. But how can we ensure that the money will actually make an impact?
Read MoreNew Strategies for Employer-Led Workforce Development
We believe employers can and should engage more deeply in innovative solutions to today’s talent challenges. That’s why Social Finance is working to identify effective and underutilized opportunities for employers to finance, train, hire, and retain diverse talent with support from Walmart.
Read More4 Lessons from the 2022 National Association of Workforce Boards Forum
In our recent workshop at the 2022 National Association Workforce Boards Forum, we teamed up with Sarah Miller of the Federal Reserve Bank of Atlanta, Tyrone Hampton Jr. of Philadelphia Works, and Angela Jackson, formerly of New Profit, to discuss Workforce Realigned: How New Partnerships Are Advancing Economic Mobility—a book by Social Finance and the Federal Reserve Banks of Atlanta and Philadelphia that rethinks the way we finance worker upskilling.
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