We empower the driven homeless through mentorship, high-demand skills building, and job placement. The Learning Shelter is prototyping a 90 day live-in training program for homeless individuals.
So anything you throw away that we think we can restore, or recycle we will. Each month we will have a garage/ebay sale and furthermore sell any metals to recycling companies. Proceeds from these sales will go directly into the Rubbish? Fund.
One of the themes running through the various sessions at the all-day event was that impact investing isn’t philanthropy—it’s investing, and that people who devote a part of their portfolio to investing in projects and companies that make the world a better place can expect to make decent returns on their money.
As a social entrepreneur, Haji was rare: a big dreamer with the pragmatism of a dutiful MBA. For her, the business ideas worth pursuing were those that changed people’s lives, in ways you could actually measure. Like SaveUp, a clever rewards-based financial app and her most recent company (she was CEO). In its first two years, SaveUp has helped Americans pay down $856 million of debt and increase savings by $1.2 billion.
He cites Grameen Bank, the microfinance giant set up in Bangladesh by Muhammad Yunus, which is now underwriting loans in the US, and mPesa, which has dipped its toe in Europe by launching in Romania.
The Charity Bond Support Fund will operate as a market development tool by buying up to a third of an issued set of bonds where there is a need to make up for any shortfall in interested investors, meaning that a bond issue can still go ahead.
Today’s deals are mainly efforts to fund well-intentioned programs that are appealing to all parties to the transaction: the government, investors, and social service providers. But in order to satisfy the interests of all parties whose incentives are not aligned, rather than creating real reform, they end up funding the lowest common denominator — something that sounds good, is low risk, but does not solve big problems.
Mr. Lomborg got a group of 60 leading economists to work through all the OWG’s putative development targets for 2030 (there were more than 200 of them at the time), making a quick assessment of which were good value for money. At the conclusion of this process, the group had 27 “phenomenal” green values and 23 “poor” red values, with all the rest in between.
In a world driven by the bottom-line, social start-ups must continually find new ways to maximize their effectiveness and increase their impact. While many of them are uniquely positioned to “do good” and affect change in the world, their success hinges on their ability to make effective use of available resources, partnerships and social structures
What issue could bring Senator Ted Cruz (R-TX) and Senator Al Franken (D-MN) into bipartisan partnership? Social impact bonds (SIBs)—or pay-for-success (PFS), depending on one’s preferred terminology. Both legislators have been effusive about the reauthorization of the Workforce Innovation and Opportunity Act (WIOA), and Franken seems to have made workforce development one of his top priority issues. A core component of WIOA noted by many of its supporters was the legislation’s $300 million commitment to pay-for-success programming aimed boosting effective, evidence-based efforts in job training.