Social Impact Bonds
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Social Impact Bonds
A social impact bond, also known as pay-for-success financing, pay-for-success bond, social benefit bond or simply a social bond, is one form of outcomes-based contracting. Although there is no single agreed definition of social impact bonds, most definitions understand them as a partnership aimed at improving the social outcomes for a specific group of citizens. The term was originally coined by Geoff Mulgan, chief executive of the Young Foundation. The first SIB was launched by UK-based Social Finance Ltd. in September 2010. As of July 2019, 132 SIBs have been launched in 25 countries, and they are worth more than $420m. History The social impact bond is a non-tradeable version of social policy bonds, first conceived by Ronnie Horesh, a New Zealand economist, in 1988. Since then, the idea of the social impact bond has been promoted and developed by a number of agencies and individuals in an attempt to address the paradox that investing in prevention of social and health pr ...
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SIB Functioning
SIB or sib may refer to: Places * Seeb, Oman, As Sib, a town in Oman * Sib, Khuzestan, a village in Khuzestan Province, Iran * Sibiti Airport (IATA airport code), in the Republic of the Congo * Sunny Isles Beach, Florida, US Science * Sib (anthropology), a group of people recognized by an individual as kin * Sib RNA, a non-coding sRNA found in ''E. coli'' * Simple biosphere model, used with atmospheric general circulation models * Self-injurious behaviour, in self-injury Organisations * School of International Business of the ESB Business School, Reutlingen University, Germany * Scientex Incorporated Berhad, a producer of stretch films, Malaysia * Securities and Investments Board, UK later the Financial Services Authority * Sekolah Indonesia Bangkok, Indonesian School * Sidang Injil Borneo, the Borneo Evangelical Church * Special Investigation Branch of UK military police * Special Investigations Branch of the New Zealand Defence Force Military Police * Student Welfare Organisati ...
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Development Impact Bond
Development Impact Bonds (DIBs) are a performance-based investment instrument intended to finance development programmes in low resource countries, which are built off the model of social impact bond (SIB) model. In general, the model works the same: an investor provides upfront funding to the implementer of a program. An evaluator measures the results of the implementer's program. If these results hit a target set before the implementation period, an outcome payer agrees to provide investors a return on their capital. This ensures that investors are not simply engaging in concessionary lending. The first social impact bond was originated by Social Finance UK in 2010, supported by the Rockefeller Foundation, structured to reduce recidivism among inmates from Peterborough Prison. Based on the SIB model, a DIB creates a contract between private investors and donors or governments who have agreed upon a shared development goal. Investors advance fund development programmes with financ ...
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Center For Employment Opportunities
Center or centre may refer to: Mathematics *Center (geometry), the middle of an object * Center (algebra), used in various contexts ** Center (group theory) ** Center (ring theory) * Graph center, the set of all vertices of minimum eccentricity Places United States * Centre, Alabama * Center, Colorado * Center, Georgia * Center, Indiana * Center, Jay County, Indiana * Center, Warrick County, Indiana * Center, Kentucky * Center, Missouri * Center, Nebraska * Center, North Dakota * Centre County, Pennsylvania * Center, Portland, Oregon * Center, Texas * Center, Washington * Center, Outagamie County, Wisconsin * Center, Rock County, Wisconsin **Center (community), Wisconsin *Center Township (other) *Centre Township (other) *Centre Avenue (other) *Center Hill (other) Other countries * Centre region, Hainaut, Belgium * Centre Region, Burkina Faso * Centre Region (Cameroon) * Centre-Val de Loire, formerly Centre, France * Centre (department), ...
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Social Finance US
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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Vera Institute Of Justice
The Vera Institute of Justice, founded in 1961, is an independent nonprofit national research and policy organization in the United States. Based primarily in New York City, Vera also has offices in Washington, DC, and describes its goal as "to tackle the most pressing injustices of our day: from the causes and consequences of mass incarceration, racial disparities, and the loss of public trust in law enforcement, to the unmet needs of the vulnerable, the marginalized, and those harmed by crime and violence." Founding The Vera Institute of Justice was founded in New York City in 1961 by the philanthropist Louis Schweitzer and the magazine editor Herb Sturz. Both of them considered the city's bail system at the time to be unjust since it granted release based largely on income. Working with criminal justice leaders, they explored the problem, developed a solution, and rigorously tested it. Within a few years, they had demonstrated that New Yorkers too poor to afford bail but ...
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Goldman Sachs
Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, Dallas and Salt Lake City, and additional offices in other international financial centers. Goldman Sachs is the second largest investment bank in the world by revenue and is ranked 57th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important financial institution by the Financial Stability Board. The company has been criticized for a lack of ethical standards, working with dictatorial regimes, close relationships with the U.S. federal government via a "revolving door" of former employees, and driving up prices of commodities through futures speculation. While the company has appeared on the 100 Best Companies to Work For list compiled by ''Fortune'' ...
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MDRC
MDRC is a nonprofit, nonpartisan education and social policy research organization based in New York City; Washington, DC; and Oakland and Los Angeles, California. History In 1974, the Ford Foundation and six government agencies together created the Manpower Demonstration Research Corporation. Its purpose was to implement and document the results of new programs intended to help the poor. In the 1980s and 1990s, it became known for its evaluations of state welfare-to-work programs. It formally retired its original name and adopted "MDRC" as its registered corporate identity in 2003. MDRC works across the United States, in Canada, and in the United Kingdom. Their 2021 budget is $66 million, which they derive from government contracts, foundations, corporations and individuals. Projects MDRC projects are in these main areas: *Preschool through twelfth-grade education * Postsecondary education * Disconnected youth * Work and income security * Low-wage workers and communities * ...
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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 media, digital subscribers. It also is a producer of popular podcasts such as ''The Daily (podcast), The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones (publisher), George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won List of Pulitzer Prizes awarded to The New York Times, 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked List of newspapers by circulation, 18th in the world by circulation and List of newspapers in the United States, 3rd in the U.S. The paper is owned by the New York Times Company, which is Public company, publicly traded. It has been governed by the Sulzberger family since 189 ...
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Friends Of Island Academy
''Friends'' is an American television sitcom created by David Crane and Marta Kauffman, which aired on NBC from September 22, 1994, to May 6, 2004, lasting ten seasons. With an ensemble cast starring Jennifer Aniston, Courteney Cox, Lisa Kudrow, Matt LeBlanc, Matthew Perry and David Schwimmer, the show revolves around six friends in their 20s and 30s who live in Manhattan, New York City. The series was produced by Bright/Kauffman/Crane Productions, in association with Warner Bros. Television. The original executive producers were Kevin S. Bright, Kauffman, and Crane. Kauffman and Crane began developing ''Friends'' under the working title ''Insomnia Cafe'' between November and December 1993. They presented the idea to Bright, and together they pitched a seven-page treatment of the show to NBC. After several script rewrites and changes, including title changes to ''Six of One'' and ''Friends Like Us'', the series was finally named ''Friends''. Filming took place at Warner ...
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The Osborne Association
''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with pronouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of pronoun ''thee'') when followed by a ...
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Crispin Blunt
Crispin Jeremy Rupert Blunt (born 15 July 1960) is a British politician who has served as the Member of Parliament (MP) for Reigate since 1997. A member of the Conservative Party, he was the Parliamentary Under-Secretary of State for Prisons and Youth Justice within the Ministry of Justice from 2010 to 2012 and Chair of the Foreign Affairs Select Committee from 2015 until 2017. Blunt first entered the House of Commons at the 1997 general election, when he replaced the then MP Sir George Gardiner, who had been deselected by the Constituency Conservative Association Executive Council and joined the Referendum Party. In 2013, Blunt was deselected by the Constituency Executive Council, with speculation that this was due to his public announcement that he was gay. However, after a ballot of party members in Reigate, the decision was overturned by a margin of 5–1 and Blunt was reselected as the Conservative candidate for the 2015 general election. On 1 May 2022, he announced he wou ...
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Kenneth Clarke
Kenneth Harry Clarke, Baron Clarke of Nottingham, (born 2 July 1940), often known as Ken Clarke, is a British politician who served as Home Secretary from 1992 to 1993 and Chancellor of the Exchequer from 1993 to 1997 as well as serving as deputy chair of British American Tobacco from 1998 to 2007. A member of the Conservative Party, he was Member of Parliament (MP) for Rushcliffe from 1970 to 2019 and was Father of the House of Commons between 2017 and 2019. The President of the Tory Reform Group since 1997, he is a one-nation conservative who identifies with economically and socially liberal views. Clarke served in the Cabinets of Margaret Thatcher and John Major as Chancellor of the Duchy of Lancaster from 1987 to 1988, Health Secretary from 1988 to 1990, and Education Secretary from 1990 to 1992. He held two of the Great Offices of State as Home Secretary and Chancellor of the Exchequer. He contested the Conservative Party leadership three times—in 1997, 2001 an ...
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