Today at the Vatican Climate Summit, the Office of Massachusetts Governor Maura Healey announced the launch of the Climate Careers Fund, a cross-sector collaboration designed to fill the Commonwealth’s climate workforce gaps, increase economic mobility, and support a diverse clean energy workforce. We're excited to be co-leading the design of the Fund in partnership with the Massachusetts Clean Energy Center, Massachusetts Executive Office of Economic Development (EOED), Massachusetts Executive Office of Education, The Massachusetts Executive Office of Labor and Workforce Development (EOLWD), Massachusetts Executive Office of Energy and Environmental Affairs, and Commonwealth Corporation. Learn more in the press release from the Governor’s office: https://lnkd.in/eQ9BCdg9 #talentfinance #climatecareers #workforcedevelopment
Social Finance
Non-profit Organizations
Boston, MA 11,839 followers
Realigning markets and systems. Transforming lives.
About us
Social Finance is a national impact finance and advisory nonprofit. We work with the public, private, and social sectors to create partnerships and investments that measurably improve lives. Since our founding in 2011, we have mobilized more than $400 million in new investments designed to help people and communities realize improved outcomes in education, economic mobility, health, and housing. In addition to managing the investment program funded by the Google Career Certificates Fund, our economic mobility portfolio includes the UP Fund, place-based Pay It Forward Funds, and the Dreamers Graduate Loan Fund. Learn more at socialfinance.org.
- Website
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http://www.socialfinance.org
External link for Social Finance
- Industry
- Non-profit Organizations
- Company size
- 51-200 employees
- Headquarters
- Boston, MA
- Type
- Nonprofit
- Founded
- 2011
- Specialties
- Government performance, impact investing, social impact, government advisory, and public sector advisory
Locations
Employees at Social Finance
Updates
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Meet Harika Kolluri, new Associate at Social Finance! Before joining our team, Harika worked as Investment Banking Analyst at TD Cowen on their diversified technology team. She is a graduate of the University of Michigan - Stephen M. Ross School of Business, with a concentration in finance and strategy and a minor in law, justice, and social change. Welcome to the team, Harika! We're so excited to have you on board.
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We're excited to announce the launch of the Hawaiʻi Renewable Learning Fund, an #outcomes-based loan program that will offer zero-interest, no-fee loans to students at the College of Engineering at the University of Hawai‘i System. With support from the Harold K.L. Castle Foundation and other donors, the Fund will enable students who qualify as low-income to enroll in and graduate from high-quality certificate and degree programs. It will also help build a pipeline of local, skilled #talent to fill in-demand roles across the state. Read more about the Fund: https://bit.ly/3zFsQAr. #economicmobility #upskilling
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Through our work at the Social Finance Institute, we aim to amplify our learnings for policymakers and practitioners looking to use innovative #funding models to achieve #impact. This mission excites Carolynn Lee, Deputy Director of Education Grantmaking at Ascendium Education Group, a key investor in the Institute. Read this Q&A with Lee to learn more about her perspective on the Institute's work.
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We're thrilled to congratulate David Nitsch on five years at Social Finance!🎉 👏 Since joining our team as an Associate in 2019, David has contributed to a number impact investing and advisory initiatives — including our work to develop data management capacity for nonprofit WORK Inc.., our workforce development partnership with diesel mechanic training school ADTC, and our collaboration with the City of San Antonio on a Pay It Forward Fund. Thank you, David, for all your contributions! We're so grateful for your continued commitment to impact.
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This Wednesday, July 10 at 1 pm ET, join our team for a webinar hosted by the DAF Giving Summit! Jess Brooks, Vice President of Investor Relations, and Michael Silvestri, Director of Impact Investments, will explore how leading asset allocators are using catalytic philanthropy, recoverable grants, and impact-first investing to drive impact within their philanthropic portfolios. This session may be particularly relevant for next-gen donors, women investors, and high net worth individuals Register here: https://lnkd.in/eAUyZHbC #ImpactInvesting #CatalyticPhilanthropy #Philanthropy
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In a recent webinar, Gaby Pacheco, President and CEO of TheDream.US, Jess Brooks, Vice President of Investor Relations at Social Finance, and Ayush Mansingh, Director of Impact Investing at Social Finance, explained how the Dreamers Graduate Loan Program transforms the lives of participants. Explore 5 key takeaways from the conversation: https://lnkd.in/emmN7egb #ImpactInvesting #Dreamers #Opportunity
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The Colorado Pay It Forward Fund recently partnered with The Master's Apprentice Program to offer zero-interest living expense loans to Coloradans training for in-demand careers in the trades. Thank you Natalie Kerr and Colorado Community Media for shining a spotlight on our partners and their incredible work: https://lnkd.in/gyM48sf2 “The American dream is for everyone. It’s equal opportunity, but sometimes equal opportunity has to be surrounded with the right kind of support so it becomes more equal, and becomes more accessible," says Luis Villarreal, The Master's Apprentice co-founder, in the piece. #PayItForward #TradesTraining #Apprenticeships
From jobs to careers: Denver-based training program helps people find futures in trade work - Colorado Community Media
https://coloradocommunitymedia.com
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At Social Finance, we work to increase access to job training programs that help workers upskill. Check out Arthur’s Story to see how a training program kickstarted his IT career: Arthur knew he wanted to take the next step to advance his career. He tried college, but it wasn’t the right fit. He wanted to serve in the army, but was ineligible due to his eyesight. He liked the idea of a short-term training program, but he wasn’t ready to take the financial risk of leaving his job and paying for tuition. After learning about Merit America on Tik Tok, Arthur enrolled in their 14-week IT Support program, financing his training with a zero-percent-interest loan through the Google Career Certificates Fund. After completing the program, Arthur was hired by pharmaceutical manufacturer Merck. Read more about Arthur’s journey: https://bit.ly/3L3INCU Opportunity@Work #OneofMillions #TearthePaperCeiling #TalentFinance
For Arthur, Short-Term Training Unlocked a Meaningful Career Path - Social Finance
https://socialfinance.org
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Social Finance reposted this
Back in 2020 we put out a series of issue briefs on #payforsuccess, with support from @RWJF. Earlier this month we reissued them with new insights from the project work we’ve pursued with #government, #philanthropy, and the #privatesector over the last four years. The seventh brief in the series, which I cowrote with some former and current @SocialFinance team members, including @Thomas Coen and @Jake Segal, centers on pricing #outcomes. Here, we share some strategies for operationalizing what is really the crux of Pay for Success: linking dollars to demonstrated #performance. Read on to learn how we approach identifying, measuring, and valuing outcomes! https://lnkd.in/gcNNZeHH
Pay for Success Issue Brief Series - Social Finance
https://socialfinance.org