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Social Impact Bonds

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Investing for Success

Money article icon Issue Brief The Council on Foundations and the Center for American Progress jointly held two roundtable conversations in 2013 with potential social impact bond investors that produced a series of key policy questions.

By Kristina Costa | Monday, March 3, 2014

Networking for Success

Money article icon Issue Brief The Council on Foundations and the Center for American Progress jointly held two roundtable conversations in 2013 with potential social impact bond investors, concluding that strong cross-sector relationships are key to social impact bond transactions.

By Kristina Costa and Laura Tomasko | Monday, March 3, 2014

Fact Sheet: Social Impact Bonds in the United States

Nurse and child article icon Fact Sheet Through social impact bonds, the government can pay for programs that deliver results.

By Kristina Costa | Wednesday, February 12, 2014

Social Finance: A Primer

article icon Issue Brief Sonal Shah and Kristina Costa consider three prominent social financing mechanisms with the potential of unlocking new sources of capital and revolutionizing how an array of social issues are addressed.

By Sonal Shah and Kristina Costa | Tuesday, November 5, 2013

Pay-for-Success Programs Could Help OMB with Grant Guidance

Sylvia Mathews BurwellThe Office of Management and Budget should utilize the power of Pay for Success and Social Impact Bonds when it determines how to allocate grant money.

By Sonal Shah and Kristina Costa | Friday, April 26, 2013

White House Budget Drives Pay for Success and Social Impact Bonds Forward

New proposals in the Obama administration’s budget will help promote an innovative method to changing the way government does business and will provide a new approach to financing social programs.

By Sonal Shah and Kristina Costa | Tuesday, April 23, 2013

Frequently Asked Questions: Social Impact Bonds

Filling out form book_alt2 icon Report This Frequently Asked Questions guide is intended to address common questions about social impact bonds in plain, straightforward language.

By Kristina Costa, Sonal Shah, Sam Ungar, and the Social Impact Bonds Working Group | Wednesday, December 5, 2012

New York City and Massachusetts to Launch the First Social Impact Bond Programs in the United States

Deval Patrick gives State of State addressThis summer New York City and Massachusetts helped make possible the notion that governments can pay only for successful outcomes in some social programs, by using social impact bonds to finance them.

By Kristina Costa and Jitinder Kohli | Monday, November 5, 2012

Defending the Value of the Community Services Block Grant

These federal grants provide enormous benefits to millions but face severe budget cuts in coming years, write Kristina Costa and Timothy Warfield, who suggest focusing on outcomes to demonstrate their effectiveness.

By Kristina Costa and Timothy R. Warfield | Thursday, July 26, 2012

Inside a Social Impact Bond Agreement

article icon Issue Brief Jitinder Kohli, Douglas J. Besharov, and Kristina Costa lay out examples of what should—and should not—be included in a SIB agreement.

By Jitinder Kohli, Douglas J. Besharov, and Kristina Costa | Monday, May 7, 2012

Defining Terms in a Social Impact Bond Agreement

Jitinder Kohli, Douglas J. Besharov, and Kristina Costa address the essential elements of Social Impact Bond contracts.

By Jitinder Kohli, Douglas J. Besharov, and Kristina Costa | Friday, May 4, 2012

Social Impact Bonds and Government Contracting

Jitinder Kohli, Douglas J. Besharov, and Kristina Costa explain how government should make contractor decisions in a SIB agreement.

By Jitinder Kohli, Douglas J. Besharov, and Kristina Costa | Wednesday, May 2, 2012

Fact Sheet: Social Impact Bonds

Jitinder Kohli, Doug Besharov, and Kristina Costa lay out the facts behind this new way of financing.

By Jitinder Kohli, Douglas J. Besharov, and Kristina Costa | Thursday, April 12, 2012

What Are Social Impact Bonds?

article icon Issue Brief Jitinder Kohli, Douglas J. Besharov, and Kristina Costa answer basic questions about Social Impact Bonds—what they are, where they can be most useful, and how they differ from traditional government contracts.

By Jitinder Kohli, Douglas J. Besharov, and Kristina Costa | Thursday, March 22, 2012

Social Impact Bonds 101

Social Impact Bonds are an innovative new financing tool for social programs that allow government to focus on approaches that work—without paying a dime for unsuccessful programs, write Jitinder Kohli, Douglas J. Besharov, and Kristina Costa.

By Jitinder Kohli, Douglas J. Besharov, and Kristina Costa | Thursday, March 22, 2012

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