Foundations for Social Impact Bonds: How and Why Philanthropy is Catalyzing the Development of a New Market

Social Finance is delighted to share this study on philanthropy's role in the SIB market. Event video here Read more here


Social Finance Drives Landmark New York State Deal

Social Finance, in partnership with New York State and CEO, is proud to announce the release of key documents related to the nation's first state-led SIB.

Please read more here

Video: Impact Investing: The Second Act

Social Finance CEO Tracy Palandjian discusses the promise of Social Impact Bonds at the Clinton Global Initiative 2013 Annual Meeting.

Watch the video

Asthma Management Services

Social Finance pilot project delivers comprehensive asthma management services to low-income children in
Fresno, California.

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What's New

April 16, 2014

David Bornstein explores an "expanding area of common ground among lawmakers from different parties,” greater government support for evidence-based policy-making. The government “needs to shift from top-down programs to greater support for community-based innovation, and should evaluate policies based on results, rather than funding levels." Read more here.

April 14, 2014

Crain's provides an in-depth look at the emergence and progress of the PFS landscape in New York. Read more here.

April 14, 2014

White House Director of Social Innovation and Civic Participation Jonathan Greenblatt and Haas School of Business Professor Laura D'Andrea Tyson discuss Pay for Success, the Social Innovation Fund, and the Small Business Investment Company Fund. Read more here.

April 10, 2014

The Surdna Foundation has announced an $18 million PRI fund to support its mission of fostering just and sustainable communities. The foundation also announced an investment from the Fund to support the growth of regional, sustainable, and just food systems. Read more here.

Featured Publications

Social Finance in partnership with the State of New York and CEO is proud to announce the release of key...

Philanthropic institutions have been instrumental in helping to launch the SIB market both in the US and abroad. To...

The President's FY2014 Budget proposes to employ the $300 million Pay for Success (PFS) Incentive Fund to "encourage...


March 13, 2014

According the Rockefeller Foundation’s Kippy Joseph, Social Impact Bonds (SIBs) are the “tip of the spear of innovative financing instruments that can be put to use for the benefit of society.” Foundations have been among the early pioneers in the SIB market, and they will continue to support...

February 6, 2014

Along with Tracy Palandjian, I had the privilege of attending Roca’s launch event for its Massachusetts SIB last week, and came away inspired by the positive energy and dedication of the people in the room. The program was “emceed” by John Grossman of Third Sector Capital Partners, our...

November 25, 2013

President Obama’s FY2014 Budget included a provision for a one-time, mandatory appropriation of $300 million earmarked for a Pay for Success (PFS) Incentive Fund (IF). The Fund would “encourage innovation and accelerate the use of evidence-based approaches by lowering the risk associated with...