About Us

Our Mission

Founded in January 2011, Social Finance US is a 501(c)(3) nonprofit organization that is dedicated to mobilizing investment capital to drive social progress.  We believe that everyone deserves the opportunity to thrive, and that social impact financing can play a catalytic role in creating these opportunities.

We are dedicated to designing public-private-nonprofit partnerships that tackle complex social challenges such as poverty, crime, education, health, and workforce success. As market intermediaries, we structure these partnerships by aligning the unique interest of all stakeholders – service recipients and providers, government and investors – to create innovative social financing solutions. This work reflects our commitment to driving social progress through a market-based approach, as well as our deep experience in the governmental, capital markets, social services, and philanthropy sectors.

Core to our work is the development of Social Impact Bonds (SIBs), which draw upon private capital to fund effective interventions designed to address the needs of the underserved. Social Impact Bonds have the potential to unlock a new and vast pool of investment capital to finance the expansion of effective, prevention-based projects, while focusing on measurable outcomes and generating social and financial returns for investors.

Our Values

We at Social Finance are committed to ensuring that all of our work rests on four pillars: people, performance, collaboration, and integrity.

  • People: People are our mission and our inspiration; we are committed to our team, our partners, and the individuals we serve.
  • Performance: Our work demands rigorous thought, inquiry, and analysis; we pride ourselves on the depth and quality of our endeavors.
  • Collaboration: We build strong, enduring relationships across sectors to align diverse interests and advance our collective mission. 
  • Integrity: The highest standards of accountability and transparency underpin all of our work.

Our History

Inspired by the ground-breaking work of our sister organization in the UK, David BloodSir Ronald Cohen, and Tracy Palandjian founded Social Finance, Inc. in January 2011 to bring social impact financing to the US. The UK organization, Social Finance, Ltd., was founded in 2007 and launched the world’s first SIB in 2010; Social Finance Israel was born in 2012.  These three organizations work closely together, but are independently funded and managed.

Since its inception, Social Finance has forged ahead to help seed the emerging social impact financing marketplace in the US. Our team of experts provides thought leadership, research, and education to the entire industry while developing early-stage SIB projects. We aim to prove the value of SIBs in addressing complex social challenges, and to lay the foundation for a much larger SIB presence in the US impact investment market.

Interest in SIBs has grown exponentially both at home and abroad since our founding.  Projects are multiplying throughout the US, from coast to coast, and President Obama has signaled strong support Pay for Success initiatives in his FY 2014 budget proposal. In April 2013, Social Finance and Collective Health launched an innovative demonstration project in Fresno, California to prove the concept of up-front investment in services to prevent and manage childhood asthma. This project is designed to pave the way for the first health-focused Social Impact Bond in the US. With multiple SIB transactions in progress, we envision 2013-14 as a pivotal period for the US Social Impact Bond market.

While SIBs are the focus of our current work, we operate in the broader impact investment space and are equally dedicated to advancing progress through the creation of other social impact investment instruments. We believe that impact investing offers the potential of drawing large sums of private capital to the effort of solving complex social problems; indeed, the emergence of a community of impact investors enabled the emergence of SIBs. We also believe that investor participation brings the power of market discipline to our work, as investors’ attention of performance management and tangible, quantifiable evidence drives improved outcomes.