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New Roles for Philanthropy in Collective Impact

The problems facing America's youth require new solutions.
Information Update
June 18, 2012
 

To make a large-scale impact, funders also need to work together in new ways. Social Impact Bonds, partnerships where philanthropic funders and investors work together to fund programs, offer a new element to help improve outcomes for youth. From Potential to Action: Bringing Social Impact Bonds to the US, a new report by McKinsey & Co., presents an assessment based on research on the concept and interviews with 125 thought leaders. The model is popular in the United Kingdom and shifts government responsibility to only funding proven programs. Read the report here.

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