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Social impact bonds could fund public programs

By Hicbd
Thu Nov 8 2012 3:46 pm

Social impact bonds could prevent taxpayers from paying money into programs that are not successful. Nonprofit groups, foundations, and private sector could fund initiatives and be reimbursed by the government later only if the program achieves agreed-upon benchmarks. If not, taxpayers could owe nothing.

URL:
http://www.nytimes.com/2011/02/09/business/economy/09leonhardt.html
http://en.wikipedia.org/wiki/Social_impact_bond
http://www.huffingtonpost.com/michele-host/social-impact-bonds_b_1982618.html

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Categories:
Government Poverty Nonprofits Nonprofit Funding

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