Blog

Today, MacKenzie Scott shared “Seeding by Ceding,” a Medium blog post outlining gifts totaling $2.7 billion to 286 high-impact organizations, including Social Finance....

As part of our 10-year anniversary, Social Finance US is proud to highlight our Global Network, which consists of sister organizations in the U.K., the Netherlands, Israel, and India. We are grateful to be part of the Social Finance family that allows us to draw support and inspiration from one another. Here at Social Finance US, we recently sat down with each of our sister organizations to discuss some of their most exciting and impactful work in helping to advance social and economic systems across the globe....

As we begin to recover from one of our nation’s greatest crises, it’s time to rethink the way we finance worker upskilling to meet the future of work. For all of the confident predictions we see about the future of work, the humbling reality is that there’s real uncertainty. America faced declining economic mobility and a growing skills mismatch before the pandemic; as the economy transforms, that uncertainty grows. With it comes financial risk: We—students, employers, public workforce developers, our collective society—don’t always know which investments will pay off....

The impact investing nonprofit is helping to finance diesel technician training amidst shortage ...

By Steve Lohr...

This article originally appeared on Inside Philanthropy....

In California, about 50% of individuals released from custody are convicted of a subsequent crime within three years of release—a statistic that has remained stubbornly high since the early 2000s. Organizations like Interface Children & Family Services (Interface), often in partnership with local government agencies like the Ventura County Probation Agency (VCPA), are working to reduce recidivism by providing individualized services to formerly incarcerated individuals, promoting family stability, and improving public safety. Social Finance partnered with Interface and Ventura County to establish Ventura County Project to Support Reentry, a program that has already enrolled over 340 individuals into reentry services at Interface. These service recipients are part of a study conducted by UCLA to understand the effectiveness of Interface reentry services compared to probation as usual. The project uses a Pay for Success mechanism through which impact investors provide upfront capital for services and are repaid by Ventura County to the extent that measurable reductions in recidivism are achieved....

Patrick and Smith will bring unique public policy, impact investing, and public health expertise to the organization. ...

Social Finance was founded 10 years ago. We saw an opportunity to harness the nascent impact investing movement and build new tools at the intersection of finance and policy to deliver meaningful change and measurable outcomes for our communities. From the beginning, we wanted to create a special firm, underpinned by our core values: putting people first; focusing on results; demonstrating the highest standards of integrity and accountability; and building strong, enduring cross-sector partnerships....

February is National Career and Technical Education (CTE) Month®, an opportunity to celebrate and strengthen CTE programs that currently serve 12.8 million American students at the secondary and post-secondary levels. ...