Unpacking the Social Innovation Strategies of Canadian Foundations

This article is the fifth in a series on social innovation. Social innovation has become a popular policy buzzword globally, prompting strategies across all levels of government, as well as in business and philanthropy. Unfortunately, as many of us interested in philanthropy have noted (Lorinc 2017; McGoey 2015; Pue et al. 2015; Policy Research Initiative 2010), it…

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…