16
January 2013
Past Event
SIBling Revelry: Are Social Impact Bonds the Next Big Thing?

SIBling Revelry: Are Social Impact Bonds the Next Big Thing?

Past Event
Hudson Institute, Washington, D.C. Headquarters
January 16, 2013
16
January 2013
Past Event

1015 15th Street, N.W., 6th Floor
Washington, DC 20005

Speakers:
Nirav Shah

Director of Social Finance US

Jon Pratt

from the Minnesota Council of Nonprofits

Daniel Stid

Partner in The Bridgespan Group’s San Francisco Office

Andrea Phillips

Vice President of the Urban Investment Group at Goldman Sachs

William Schambra

Senior Fellow; Director, Bradley Center for Philanthropy and Civic Renewal

According to a recent report by the McKinsey & Company, Social Impact Bonds (SIBs) represent a new approach for expanding social programs. It is a partnership in which philanthropic funders and impact investors--not governments--take on the financial risk for scaling up. Nonprofits deliver the program; the government only pays if the program succeeds. The current financial crisis has led officials in several cash-strapped cities and states to launch SIBs to address issues as diverse as juvenile recidivism and homelessness.

While enthusiasm for Social Impact Bonds has grown rapidly, it will still be several years before results from the first SIB at HMP Peterborough prison in the UK are available. In addition, concerns have been raised in the nonprofit community about introducing the profit motive into programs that aid society's most vulnerable populations.

Required Reading
Daniel Stid, "Confessions of a Social Impact Bond Skeptic," The Bridgespan Group, June 2012.

Jon Pratt, "Social Impact Bonds: A Conversation with Simon Jawitz," Nonprofit Quarterly, November 30, 2011.

McKinsey & Company: Social Impact Bond information portal

Related Events
01
August 2025
Past Event
Peru’s Strategic Moment
Featured Speakers:
Diego de la Torre
Francisco Tudela
Marc Wachtenheim
Amb. Hugo de Zela
Moderator:
Daniel Batlle
Getty Images
01
August 2025
Past Event
Peru’s Strategic Moment

Join Hudson Adjunct Fellow Daniel Batlle and a panel of leading analysts as they examine what lies ahead for Peru and whether the country can convert its economic potential into lasting security and sovereignty ahead of its 2026 elections.

Getty Images
Featured Speakers:
Diego de la Torre
Francisco Tudela
Marc Wachtenheim
Amb. Hugo de Zela
Moderator:
Daniel Batlle
30
July 2025
Past Event
Gaza: Aid, Influence, and Information War
Featured Speakers:
Johnnie Moore
Michael Doran
Getty Images
30
July 2025
Past Event
Gaza: Aid, Influence, and Information War

Join Hudson Institute Senior Fellow and Director for the Center for Peace and Security in the Middle East Michael Doran for a conversation with Reverend Johnnie Moore, president of the Congress of Christian Leaders and founder of the Gaza Humanitarian Foundation.

Getty Images
Featured Speakers:
Johnnie Moore
Michael Doran
29
July 2025
Past Event
Other Approaches to the US-Canada Trade Impasse
Featured Speakers:
Hon. Ed Fast
Jamie Tronnes
Moderator:
Matthew Boyse
Getty Images
29
July 2025
Past Event
Other Approaches to the US-Canada Trade Impasse

Join Hudson Senior Fellow Matt Boyse for a discussion with former Canadian Minister for Trade and Economic Development Ed Fast, and CNAPS Executive Director Jamie Tronnes, as they explore a new path forward for US-Canada relations and what other allies can learn from the process.

Getty Images
Featured Speakers:
Hon. Ed Fast
Jamie Tronnes
Moderator:
Matthew Boyse
28
July 2025
Past Event
David Petraeus on What Taiwan Can Learn from Ukraine’s Battlefield Experience
Featured Speakers:
Kenneth R. Weinstein
General David H. Petraeus (US Army, Ret.)
Moderator:
Jason Hsu
Getty images
28
July 2025
Past Event
David Petraeus on What Taiwan Can Learn from Ukraine’s Battlefield Experience

General David H. Petraeus (US Army, ret.) will join Hudson’s Jason Hsu for a conversation about what the war in Ukraine has revealed about the future of warfare—and what these lessons mean for Taiwanese security.

Getty images
Featured Speakers:
Kenneth R. Weinstein
General David H. Petraeus (US Army, Ret.)
Moderator:
Jason Hsu