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Social Finance announced today that Jake Segal, Vice President, has been selected as a Commissioner for California 100, an initiative focused on charting an inspiring vision and strategy for the state’s next century....

When COVID-19 vaccines first became available in the United States, the challenge of getting as many people vaccinated as quickly as possible fell into the hands of states. Social Finance worked with the state of Connecticut to support the data analytics capacity of the state’s COVID-19 Vaccine Delivery Team. As part of this enhanced data analytics team, Social Finance worked with the state to design a method for establishing predictable supply levels for COVID-19 vaccine providers and leveraged Social Finance’s and the Department of Public Health (DPH)’s analytical expertise to execute on Connecticut’s mission to vaccinate individuals as quickly and equitably as possible....

Today, TheDream.US and Social Finance announced a $100 million graduate school loan pilot program for Deferred Action for Childhood Arrivals (DACA) and Temporary Protected Status (TPS) recipients who want to pursue professional degrees but can’t access public loan programs due to their immigration statuses.

The national impact finance and advisory nonprofit Social Finance announced Michael Grossman will oversee its growing impact investing portfolio and investor relations as Managing Director, Impact Investments.

As a result of the measured impact the Home for Good program has had on individuals experiencing persistent homelessness in the community, the Municipality of Anchorage made its first outcome payment in July 2021. This payment of $303,000 was made to United Way of Anchorage in support of continued services for the Pay for Success project....

Boston—Today, Social Finance announced its third close of The UP Fund, bringing the fund to $49.9 million. The UP Fund is designed to help unemployed and underemployed people secure in-demand careers and achieve economic mobility....

More than half of the children born in South Carolina in 2015 were born to mothers living in poverty. Understanding the well-documented impact of poverty on childhood development and long-term family outcomes, the state’s Department of Health and Human Services (SCDHHS) turned to a novel public-private financing tool, the Social Impact Bond (SIB).

Justin Bakule joined Social Finance in July 2021 to spearhead corporate engagement, with an eye toward building cross-sector partnerships that work for business and the communities in which they operate. We spoke with Justin about his journey to Social Finance and the work ahead.

This article is part of our Workforce Realigned blog series....

The Children’s Trust Fund of Missouri (CTF) worked with Social Finance to design an outcomes rate card, an outcomes-based funding structure that includes a menu of high-priority outcome metrics CTF hopes to achieve and an associated payment, or “price,” for each outcome achievement. Launched this month, the outcomes rate card provides an opportunity for home visiting providers to earn incremental new incentive funding based on the achievement of specific outcomes.