Archive for 'Social Capital Markets'
Posted on 15. Oct, 2013 by Andrew.
It has been 15 months since my last blog post, more than three years since I joined many of my colleagues at the White House for the launch of the Office of Social Innovation and Civic Participation, and close to 10 years since I founded Root Cause. As I reflect back on all that I have […]
Posted on 05. Mar, 2012 by Andrew.
When it comes to accelerating progress on difficult social issues, I believe that we must focus singularly on directing resources towards programs based on performance. I also believe that the funder is the central driver of this process. With limited resources trying to make progress on unlimited needs, “doing more with less” must focus on […]
Posted on 30. Jan, 2012 by Andrew.
Last week marked a milestone for social impact markets. Massachusetts became the first state in the U.S. to issue an RFR (Request for Response) for Social Impact Bonds or ‘Pay for Success’ contracts as dubbed in the RFR. While not as sexy a term as ‘Social Impact Bond’, ‘Pay for Success contract’ serves as a more appropriate title, as it orients government towards the need of allocating resources based on performance. This orientation towards linking resources to performance will in turn further solidify the infrastructure and tools for social impact markets. In the past few months, the concept of Social Impact Bonds or Pay for Success contracts has garnered an enormous amount of attention. While I have already written about Social Impact Bonds, and Root Cause has also hosted a forum featuring Kennedy School Professor Jeffrey Liebman – an advisor for the state – it is important to mark this milestone. It represents enormous change, and signifies the hope I have of being able to continue this momentum.
Posted on 25. Oct, 2011 by Andrew.
Starting with the Obama administration including Social Impact Bonds in the FY12 budget to the Rockefeller Foundation’s recent $500,000 grant to Social Finance US, Social Impact Bonds (SIBs) have become the newest frontier of public innovation and an excellent way to further build social impact markets.
Seeking the Next Generation of Philanthropists for a Twenty-First Century Approach to Solving Social Problems
Posted on 06. May, 2010 by EmilyC.
A familiar refrain to any reader of this blog is that the United States is not currently using its resources for solving social problems as effectively as it could be. According to Giving USA, U.S. foundations and individual donors spend more than $300 billion annually on contributions to charity. By U.S. Census Bureau figures, our […]
Posted on 08. Sep, 2009 by Andrew.
It was really amazing to be at the SOCAP09 conference last week, and I wanted to share some great resources for those who weren’t able to attend and want to learn more about the conversations that took place there. The Pop!Tech blog has great summaries of different sessions during Day 1 and Day 2, all […]
Posted on 27. Aug, 2009 by Andrew.
Next week I’ll be heading out to San Francisco to attend the SOCAP09 (Social Capital Markets) conference. This marks the 2nd year of the conference, and boy have they already made quite a splash! Last year, despite the recession, it was sold out. This year looks to be the same…and with a stellar line up […]
Posted on 16. Jul, 2009 by Andrew.
It is early morning in Lisbon, Portugal, on day two of the Social Innovation eXchange (SIX) International Summer School on Social Innovation. The first day was quite inspiring and also eye opening for me. There are about 120 people here from 24 countries around the world, all of whom are advancing social innovation in their […]
Posted on 29. Apr, 2009 by Andrew.
Next Monday I will be back in D.C. to facilitate a discussion with the Corporation for National and Community Service at the Accelerating Social Entrepreneurship Conference. The session will focus on how the social innovation fund that was called for in the Serve America Act should be structured. While the funds have not yet been […]
Posted on 26. Mar, 2009 by Andrew.
As I get ready to head back to Washington for another trip to Capitol Hill, this time I can’t help but feel a sense of promise ahead. This week the Serve America Act makes its way to the Senate floor for debate. Judging by the email alerts I get (sometimes on an hourly basis), there […]