Social Impact Bonds Infographic
September 21, 2014
Social Impact Bonds (SIBs) are an innovative financial tool to help state and local governments facing tough budget decisions fund critical social programs. In 2013, states face $85 Billion in federal grant cuts. SIBs create new funding streams and help put impact investing capital to work. Philanthropies and foundations help support critical social programs across various initiatives, with $37.3 Billion in estimated giving in 2011. Bringing private resources to impact investing expands the pie, with up to $1 trillion in potential commercial capital over the next ten years. Social impact bonds represent one vehicle for applying impact investing dollars.