Have Social Impact Bonds Had An Impact?

Over the past couple years, we have seen social impact bonds (SIB) go from the “new kid on the block” for health and human service funding, to a funding option that more and more organizations are utilizing (see Two New Tactics For Non-Profit Funding, Social Impact Bond Initiatives Move Ahead, and Another View Of Social Impact Bonds For Health & Human Service Financing).

If you aren’t yet familiar with the SIB concept, the basic model involves private investors making a loan to a provider organization to start and manage a specific program. A government agency then agrees to . . .