[Infographic] Social Impact Bonds

This week's infographic, courtesy of the Rockefeller Foundation, looks at pay-for-success, or social impact bonds (SIBs), an innovative financial approach to the chronic shortage of public-sector funds for effective social interventions in which government partners with private foundations and investors willing "to provide upfront funding for early intervention services and provides financial returns on those investments if, and only if, the intervention is successful."

 

While the SIB concept is still an early-stage innovation, with one well-publicized pilot under way in the UK, and separate pilots about to launch in New York and Massachusetts, interest in the approach is building.

For more information, check out the social impact bond section of the Rockefeller Foundation site, or visit the excellent "pay-for-success" resource page put together by the Nonprofit Finance Fund.