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Social Finance UK
Social Finance is a not for profit consultancy organisation that partners with governments, service providers, the voluntary sector and the financial community to find better ways of tackling social problems in the UK and globally. Founded in 2007, they have helped pioneer a series of programmes to improve outcomes for individuals with complex needs. Their innovations include the Social Impact Bonds (SIB) model which has mobilised more than £500 million globally in areas such as offender rehabilitation, children and family, homelessness and housing, young people at risk of becoming NEET, mental health and employment, loneliness and social isolation, and domestic violence. History Social Finance's initial team supported the work of the Commission on Unclaimed Assets, which recommended the establishment of a Social Investment Bank in March 2007 and in turn developed the blueprint for what is now named Big Society Capital. Initially financed by a group of philanthropists, later ...
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SoFi
Sofi may refer to: *Sofi (mascot), the Mascot for 2010 ISF Women's World Championship *Sofi Marinova (born 1975), Bulgarian singer SOFI may refer to: *Swedish Institute for Language and Folklore * Spray-On Foam Insulation, used on the Space Shuttle *Social finance, mobilizing investment capital to drive social progress *SoFi (Social Finance Inc.), an online personal finance company *Sofia Toufa (born 1983), also known by her stage name SOFI *South of Fifth, a neighborhood in Miami Beach, FL, also known as SOFI *SoFi Stadium, in Los Angeles, CA *Super-resolution optical fluctuation imaging Super-resolution optical fluctuation imaging (SOFI) is a post-processing method for the calculation of super-resolved images from recorded image time series that is based on the temporal correlations of independently fluctuating fluorescent emitters ...
(SOFI), a technique for super-resolution microscopy {{disambiguation ...
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Esmée Fairbairn Foundation
The Esmée Fairbairn Foundation is a registered charity founded in England in 1961. It is one of the larger independent grant-making foundations based in the UK, funding organisations which aim to improve the quality of life for people and communities in that country. History The charity was founded in 1961 by Ian Fairbairn, a pioneer of unit trust investments, and named for his second wife who was killed in World War II. Her sons Paul and Oliver Stobart were co-founders. The endowment gave the charity 33% of the shares in the M&G fund management company, and a regular income. This ended when M&G was sold to Prudential Corporation in 1999, but the sale allowed alternative investments that increased the income of the charity. Aims The foundation funds projects in the arts, education and learning, the environment and social change. The charity gives £20–40 million annually in grants or investments towards conservation work, community energy projects, national parks and biodivers ...
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Organizations Established In 2007
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, inc ...
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2007 Establishments In The United Kingdom
7 (seven) is the natural number following 6 and preceding 8. It is the only prime number preceding a cube. As an early prime number in the series of positive integers, the number seven has greatly symbolic associations in religion, mythology, superstition and philosophy. The seven Classical planets resulted in seven being the number of days in a week. It is often considered lucky in Western culture and is often seen as highly symbolic. Unlike Western culture, in Vietnamese culture, the number seven is sometimes considered unlucky. It is the first natural number whose pronunciation contains more than one syllable. Evolution of the Arabic digit In the beginning, Indians wrote 7 more or less in one stroke as a curve that looks like an uppercase vertically inverted. The western Ghubar Arabs' main contribution was to make the longer line diagonal rather than straight, though they showed some tendencies to making the digit more rectilinear. The eastern Arabs developed the digit ...
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Social Enterprises
A social enterprise is an organization that applies commercial strategies to maximize improvements in financial, social and environmental well-being. This may include maximizing social impact alongside profits for co-owners. Social enterprises can be structured as a business, a partnership for-profit or non-profit, and may take the form (depending on in which country the entity exists and the legal forms available) of a co-operative, mutual organization, a disregarded entity, a social business, a benefit corporation, a community interest company, a company limited by guarantee or a charity organisation. They can also take more conventional structures. Social enterprises have business, environmental and social goals. As a result, their social goals are embedded in their objective, which differentiates them from other organisations and companies. A social enterprise's main purpose is to promote, encourage, and make social change.J., Lane, Marc (2011). ''Social enterprise : empoweri ...
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Equity Investment
A stock trader or equity trader or share trader, also called a stock investor, is a person or company involved in trading equity securities and attempting to profit from the purchase and sale of those securities. Stock traders may be an investor, agent, hedger, arbitrageur, speculator, or stockbroker. Such equity trading in large publicly traded companies may be through a stock exchange. Stock shares in smaller public companies may be bought and sold in over-the-counter (OTC) markets or in some instances in equity crowdfunding platforms. Stock traders can trade on their own account, called proprietary trading, or through an agent authorized to buy and sell on the owner’s behalf. Trading through an agent is usually through a stockbroker. Agents are paid a commission for performing the trade. Major stock exchanges have market makers who help limit price variation ( volatility) by buying and selling a particular company's shares on their own behalf and also on behalf of othe ...
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Structured Product
A structured product, also known as a market-linked investment, is a pre-packaged structured finance investment strategy based on a single Security (finance), security, a basket of securities, Option (finance), options, Index (economics), indices, commodities, debt issuance or foreign Currency, currencies, and to a lesser extent, Derivative (finance), derivatives. Structured products are not homogeneous — there are numerous varieties of derivatives and underlying assets — but they can be classified under the aside categories. Typically, a trading desk, desk will employ a specialized "structurer" to design and manage its structured-product offering. Formal definitions U.S. Securities and Exchange Commission (SEC) Rule 434 (regarding certain prospectus deliveries) defines structured securities as "securities whose cash flow characteristics depend upon one or more indices or that have Embedded option, embedded forwards or options or securities where an investor's investment return ...
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Bond (finance)
In finance, a bond is a type of security under which the issuer ( debtor) owes the holder ( creditor) a debt, and is obliged – depending on the terms – to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time. The interest is usually payable at fixed intervals: semiannual, annual, and less often at other periods. Thus, a bond is a form of loan or IOU. Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, to finance current expenditure. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (i.e. they are owners), whereas bondholders have a creditor stake in a company (i.e. they are lenders). As creditors, bondholders have priority over stockholders. This means they will be repaid in advance of stockholders, but will rank behind s ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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Peterborough Prison
HM Prison Peterborough is a Category B private prison for men, and a closed prison for women and female young offenders, located in Peterborough, Cambridgeshire, England. The prison is operated by Sodexo Justice Services, and is the only dual purpose-built prison holding males and females in the United Kingdom. The prison, which has a population of 320 inmates, comprises four large wings, each with a separate housing arrangement for female detainees and male detainees. It is managed by the Newton Secure Training Centre (NSTC), and the associated training centre, which operates under Sodexo Services, comprises 26 housing units, ranging from 12-storey purpose built units to 10-storey semiprivate accommodation units. History HMP Peterborough was built on the site of the former Baker Perkins engineering works. The prison opened in 2005, despite a great deal of protest from local residents. The Prison Service claimed at the time that Peterborough as a 'mixed-use' prison would become ...
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Big Lottery Fund
The National Lottery Community Fund, legally named the Big Lottery Fund, is a non-departmental public body responsible for distributing funds raised by the National Lottery for "good causes". Since 2004 it has awarded over £9 billion to more than 130,000 projects in the UK. The Community Fund aims to support projects which help communities and people it considers most in need. Over 80 per cent of its funds go to voluntary and community organisations, it also makes grants to statutory bodies, local authorities and social enterprises. The fund makes grants to projects working in health, education and the environment and the charitable sector. It funds projects in line with objectives set by the government but does not fund services which other parts of government have a statutory responsibility to deliver. "Additionality" principle According to its annual report, Big Lottery Fund uses the following definition of "additionality": "Lottery funding is distinct from Governm ...
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