Pay for Success deals, sometimes called social impact bonds, are an emerging private-public approach to funding social services: foundations and impact investors pay for preventative programs aimed at saving taxpayer money in the long term, to be repaid by the government if the programs succeed. Visit Nonprofit Finance Fund's Pay for Success Learning Hub for a U.S. activity map, resources and tools.
The Mission Investment Database is a record of more than $1 billion of impact investments made by U.S. foundations and other philanthropic asset holders since 2010, collected by Mission Investors Exchange.
The below-market and market rate investments are categorized by asset class: real asset, deposit, guarantee, equity-like debt, public debt, public equity, private equity and private debt. They are also categorized by sector.
In 2010, the David and Lucile Packard Foundation, Bill & Melinda Gates Foundation, The William and Flora Hewlett Foundation and Gordon and Betty Moore Foundation joined together to develop a comprehensive online training program on legal issue