Lessons from the nation’s first Social Impact Bond, aimed at reducing recidivism among adolescent offenders at Rikers Island: An interview with Gordon Berlin, President, MDRC – Episode #120

A Social Impact Bond (SIB) uses private funds – from philanthropy or other investors — to pay for a social, educational, or health programs. Importantly, the government only repays investors, plus a return, if pre-specified results are achieved. A new report by Gordon Berlin, the president of the nonprofit social policy research firm MDRC (@MDRC_News), reflects on the […]