Social Finance

In just one month, we’ll gather in Washington, D.C. to launch #Workforce Realigned, Vol II. This event, hosted by the Social Finance Institute, will explore innovative approaches to investing in skills training. You’ll hear from contributing authors and more.

Register now: bit.ly/3TAzI8B

Looking for bold, outcomes-based solutions in workforce training? Join us July 17 in DC for the launch of Workforce Realigned, Vol. II—featuring 21 practitioner-driven case studies from across the country.: workforcerealigned.org/launch
@socialfinanceus.bsky.social

A new student loan program emerges: no interest, no fees, 'pay-it-forward' Under 'pay-it-forward' programs, graduates’ repayments lift up those behind them.

A new student loan program emerges: no interest, no fees, 'pay-it-forward'

Philanthropies are piloting zero percent pay-it-forward loans to help some college students The pay-it-forward approach to covering the cost of college stretches the return on financial aid and can help fill shortages of workers in critical industries.

A new way to help some college students: Zero percent, no-fee loans

Under ‘pay-it-forward’ programs, graduates’ repayments lift up those behind them

hechingerreport.org/a-new-way-to...

Philanthropies are piloting zero percent pay-it-forward loans to help some college students The pay-it-forward approach to covering the cost of college stretches the return on financial aid and can help fill shortages of workers in critical industries.

Pay It Forward #Funds like the Hawaiʻi Renewable Learning Fund profiled today in the @hechingerreport.org and the @latimes.com help students access zero-interest loans and support future learners via their repayments.

Read the article: bit.ly/4kBFtz5

The Social Finance Institute is hosting a panel at #JFFHorizons, happening next week in New Orleans! The session will feature insights from the upcoming book #Workforce Realigned, Volume 2. Join us there: bit.ly/43x6qh6.

Can't make it? Learn more about the book at workforcerealigned.org.

We’re working to debunk the myths keeping over $1 trillion in philanthropic capital on the sidelines.

💡 From workforce development to affordable housing, impact investments are already transforming communities.

Read about it in our piece published by @missioninvestors.bsky.social: bit.ly/3Fk2UO1

In @impactalpha.com today: Pamela Yang has joined @socialfinanceus.bsky.social as #CFO. Read more: bit.ly/43Hk4xb

With a Google Data Analytics Certificate, Laura Has Career Options and Room to Grow

💡 What impact can zero-percent loans have on learners?

Laura, a participant in the Google Career Certificates Fund, received a no-interest loan to upskill with Merit America. Training helped Laura master in-demand skills and land a new job in #data #analytics.

bit.ly/45sR3ri

Want to Close the Skills Gap? Cover Living Expenses, Not Just Tuition The truth is that even free training can come with big costs for students, write the leaders of Social Finance and Per Scholas.

In "Want to Close the #SkillsGap? Cover Living Expenses, Not Just Tuition," published on @workshift.bsky.social, Social Finance's Tracy Palandjian and Per Scholas' Plinio Ayala make the case for covering student living expenses during #job #training: bit.ly/45njOWg

The drivers of the U.S. #housing crisis are many. #Grants help, but they’re not enough. Fixing housing will take billions—if not trillions—of #impact capital.

Join us June 11 at 12pm ET to discuss how impact-first #investing can help address the crisis.

Register: bit.ly/4duPN9e

📢 Excited to share that Austin-based Central Health has joined the Reinvesting in #Nursing Education and #Workforce (ReNEW) #Fund as our first employer partner!

Central Health will hire Western Governors University nursing grads and pay into the fund to help cover their ReNEW loans: bit.ly/43uHcPi

💭 What do we mean when we say barriers to #economicmobility?

High costs prevent people from learning new #skills and landing better #jobs but other challenges derail learners too. We're working with partners to build training pathways that address these challenges.

Learn more: bit.ly/3GYBz4f

Miss our session on how more #foundations are using carve-outs and automatic #DAF allocation to invest in impact locally?

Watch the recording here: bit.ly/41ycW65

More place-based #foundations are recognizing the power of investing their #endowments locally, creating carve-outs or automatically allocating #DAF assets to impact.

Join us Mon., Feb. 24 at 12 p.m. EST for a discussion with #philanthropy leaders whose orgs are making these changes: bit.ly/4i8Z6fU

Donor-advised recoverable grants power Social Finance’s impact-first fund of funds Social Finance's Impact First fund currently sits on a pipeline of over 700 impact-first investment opportunities that DAFs find attractive.

Through a new partnership with UBS Optimus Foundation, @socialfinance.org is hoping to attract more capital from donor-advised funds.

More than 70% of donors are interested in making impact investments through their DAFs, a Social Finance survey shows.

impactalpha.com/donor-advise...

Attending SXSW EDU? Join us March 5 for our session, "New Partnerships to Finance #Workforce Mobility," with Claire Casey, Jeremy Bernard-Sasges, Michael Bettersworth, and Karen Anderson.

Share our session or add it to your #SXSWEDU schedule: bit.ly/4b7MsM3

Cutting Costs Alone Won’t Make Government More Efficient The Department of Government Efficiency (DOGE) should look beyond cuts to drive real government efficiency.

In TIME, Tracy Palandjian outlines key principles beyond cost-cutting to achieve true #government efficiency: evaluating programs for effectiveness, funding those that deliver results, and using financial mechanisms to maximize the impact of #taxpayer dollars. Read the piece here: bit.ly/3CSbcuW

We’re excited to share that we’ve been awarded a grant from the #AI for Economic Opportunity Fund! 🎉 Thanks to the GitLab Foundation, we’re joining a movement that’s using emerging technologies to build incomes and improve lives.

Reach out to learn more about this work: bit.ly/3EbUOpu

We're excited to announce that Andrew Leon Hanna
has joined the Social Finance Institute as a Senior Fellow, bringing decades of experience building, leading, and nurturing #social #ventures.

Learn more: bit.ly/3VqjSPi

Our Urban Institute evaluation partners recently attended the @appam.bsky.social's fall research conference to highlight our work supporting #California Department of #Social Services' $35 million #GuaranteedIncome Pilot Program.

Learn more: bit.ly/3Vp3j6C.