Social Finance is a national impact finance and advisory nonprofit organization dedicated to mobilizing capital to drive social progress. Since its founding in 2011, the organization has mobilized $350 million in new investments designed to help people and communities realize improved outcomes in education, economic mobility, health, and housing.

At the core of its work is Pay for Success (PFS), a multi-stakeholder partnership that enhances government efficiency, funds effective social programs at scale, and achieves positive return for investors. Social Finance works with the public, private, and social sectors to develop, structure, and raise investment capital for high-quality PFS projects. Key parameters integral to any PFS project include funding source, outcome selection, outcome pricing, and data and measurement.

Social Finance services include:

• Advisory Services
• Social Investment
• Active Performance Management
• Field Building

Examples of Work

• ReNEW Fund: Reinvesting in Nursing Education and Workforce
  • Funds the training of aspiring nurses and fills critical shortages.
• Hawai'i Renewable Learning Fund
  • Upskills residents, addresses labor needs and shortages, and focuses on economic development for Hawai'i.
• Advancing Equity in Greater Boston Through DAF Impact-First Investing
  • Supports local organizations that are advancing equity in Greater Boston via recoverable grants.
• Clinical Research Fastrack Career Impact Bond
  • Trains un- and underemployed individuals, including immigrants and refugees, to become clinical research professionals.

Resources

Initiatives: socialfinance.org/our-work/

ReNEW Fund: socialfinance.org/work/renew-fund/

Hawai'i Renewable Learning Fund: socialfinance.org/work/hawaii-renewable-learning-fund/

Advancing Equity in Greater Boston: socialfinance.org/work/advancing-equity-greater-boston-daf-impact-first-investing/

Clinical Research Fastrack Career Impact Bond: socialfinance.org/work/clinical-research-fastrack/