September 18, 2011
Social-Impact Bonds Could Complement Other Forms of Giving
To the Editor:
Largely missing from the dialogue about social-impact bonds has been the perspective of a key stakeholder group: service providers.
For nonprofits, the bonds offer not only newfound access to investment capital, but also the chance to highlight their effectiveness and ability to measure outcomes. Mark Rosenman’s cautionary account of the potential negative consequences of social-impact bonds (