Social Impact Bonds: Reflecting on Emerging Global Practice

A UK-based non-profit pioneered the social impact bond (SIB), a tool used by some governments to fund preventive social programs, in 2010. Like other forms of social finance, SIBs have proliferated rapidly in recent years, reflecting significant enthusiasm amongst governments and the voluntary sector. While many introduced SIBs with fanfare, they have also drawn intense…

What are we talking about when we talk about social innovation?

This article is the first in a series on social innovation. In British Columbia, dozens of Lower Mainland fishers operating family-owned boats no longer have the size to sell to wholesalers. Instead, they band together to create a membership-driven club; subscribers can purchase fresh catch right off the dock. The result: sustainable food production, improved…

Bookshelf

Corporate Giving In Canada, 1984, By Richard A. Hopkinson, Published by the Institute of Donations and Public Affairs Research, Montreal, 1985, pp.70 Moral Obligation or Marketing Tool? Examining the Roles of Corporate Philanthropy, By Alice Muckier, Published by The Council on Foundations, Washington, 1985, pp.30. REVIEWED BY EDWARD J. WAITZER Member, The Ontario Bar Under…

Bookshelf

Corporate Philanthropy, Published by the Council on Foundations, 1982, Washington, D.C., 160 pp. REVIEWED BY CHRISTINE LEE* Recent social and political developments in the United States resulted in the government ofthat country reducing its financial support to the arts, community and health care services and to education. At the same time, President Reagan issued a challenge…

Bookshelf

Canadian Tax Treatment of Charities and Charitable Donations, 2nd Edition by ARTHUR B. C. DRACHE, 1980, Published by Richard DeBoo Limited, Toronto The second edition of Canadian Tax Treatment of Charities and Charitable Donations has recently been published. Mr. Drache was Chairman of the Charities Study Group of the Department of Finance when the new rules were…

Memo From Turner

Canada’s top 100 corporations donate less than I per cent of their pre-tax profits to charity and they do it mainly in obsolete ways; Canadian philanthropic foundations are allowed to be far too secretive; the United Appeal is “morally deceptive”. These are the themes of a report on corporate philanthropy prepared by Memo from Turner,…