Explore this section for latest announcements, ideas, and stories from Nonprofit Finance Fund (NFF) and the Federal Reserve Bank of San Francisco (SF Fed) on Investing in Results.

May 22, 2018 

Troy’s Kresge Foundation, New Jersey’s Prudential Financial, and the Ballmer Family Invest in the Largest U.S. Pay-For-Success Fund to Date

Grace Turner

Prudential Financial Inc., Steve and Connie Ballmer, and The Kresge Foundation have committed a $40 million investment to The Community Outcomes Fund, created to scale Pay for Success investments in the US. The fully raised fund is expected to be $75 million, and will help align government resources with evidence-based solutions to social challenges.

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May 15, 2018 

A New Model for Financing Nonprofits

by Andrew Ross Sorkin

NPX launched the Social Impact Security on Tuesday. This new financial instrument works by pooling donations into a donor fund, and a separate group of investors then buy into performance-based bonds. The bond money goes to financing the nonprofit, and if its pre-determined outcomes are achieved, the donor funds are used to pay the bondholders.

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May 9, 2018 

NFF Survey: Responding Nonprofits Address Outcomes

In the latest Nonprofit Finance Fund State of the Nonprofit Sector Survey, 73 percent of respondents say their nonprofits are likely to pursue outcomes-based grants and/or contracts in the next two years.

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March 22, 2018 

Antony Bugg-Levine on Dollars and Change

Nonprofit Finance Fund's CEO, Antony Bugg-Levine, appeared on Wharton Business Radio's Dollars & Change program to discuss the founding of Nonprofit Finance Fund, the birth of impact investing, and the movement towards an outcomes-based world.

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February 14, 2018 

How a Police Chief, a Governor and a Sociologist Would Spend $100 Billion to Solve the Opioid Crisis

by Josh Katz

With the American opioid epidemic still raging and the number of deaths climbing, the New York Times asked a panel of 30 experts how they would spend $100 billion to solve it. The consensus was that funding should go towards four major areas: treatment, harm reduction, and demand- and supply-focused solutions. 27% of the pool would be spent on demand-focused solutions, such as community development, post-incarceration support, and education, further cementing the need to spend less on immediate care and more on upstream solutions that help reduce the effects of the crisis for good.

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February 1, 2018 

Malloy Administration Launches Innovative Solution to Improve Results for At-Risk Infants, Young Children and their Parents

Connecticut Office of Early Childhood

The Connecticut Office of Early Childhood has launched the nation's first ever two-generational outcomes rate card, designed to achieve better outcomes for families by focusing on the child and parent. The OEC will use federal and philanthropic funds to pay providers to achieve key goals, including healthy births, safe children, family stability, and caregiver employment. 

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January 17, 2018 

NFF Opens 8th State of the Nonprofit Sector Survey

NFF’s Survey gathers quantitative and qualitative data from thousands of organizations of all sizes, missions, and geographies. 

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January 17, 2018 

Paying for social outcomes: A review of the global impact bond market in 2017

Emily Gustafsson-Wright and Izzy Boggild-Jones

When 2017 concluded, 32 new impact bonds had been put into play, bringing the total active impact bonds to 108 with several more in development. What Matters author Emily Gustafsson-Wright details the characteristics of these bonds, including their geographic spread, sector focus, number of beneficiaries, and what we can expect to see in 2018.

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