Today, Illinois unveiled a social impact bonds initiative that aims to boost social programs with no additional cost to taxpayers. They join the United Kingdom, Massachusetts, New York City, and financial firms such as Goldman ...
IL now looking to pilot social impact bonds. Interested in learning more - attend this year's Alliance Executive Leadership Conference and hear from Third Sector Capital Partners - one of the leading advisory groups focused on pay for performance models. www.alliance1.org/aelc13
Goldman Sachs has invested $9.6 million into the nation’s first ever Social Impact Bond or SIB. This bond addresses the recidivism rates in NYC prisons and will be used to help train and counsel at-risk incarcerated youths.
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