16
January 2013
Past Event
SIBling Revelry: Are Social Impact Bonds the Next Big Thing?

SIBling Revelry: Are Social Impact Bonds the Next Big Thing?

Past Event
Hudson Institute, Washington, D.C. Headquarters
January 16, 2013
16
January 2013
Past Event

1015 15th Street, N.W., 6th Floor
Washington, DC 20005

Speakers:
Nirav Shah

Director of Social Finance US

Jon Pratt

from the Minnesota Council of Nonprofits

Daniel Stid

Partner in The Bridgespan Group’s San Francisco Office

Andrea Phillips

Vice President of the Urban Investment Group at Goldman Sachs

William Schambra

Senior Fellow; Director, Bradley Center for Philanthropy and Civic Renewal

According to a recent report by the McKinsey & Company, Social Impact Bonds (SIBs) represent a new approach for expanding social programs. It is a partnership in which philanthropic funders and impact investors--not governments--take on the financial risk for scaling up. Nonprofits deliver the program; the government only pays if the program succeeds. The current financial crisis has led officials in several cash-strapped cities and states to launch SIBs to address issues as diverse as juvenile recidivism and homelessness.

While enthusiasm for Social Impact Bonds has grown rapidly, it will still be several years before results from the first SIB at HMP Peterborough prison in the UK are available. In addition, concerns have been raised in the nonprofit community about introducing the profit motive into programs that aid society's most vulnerable populations.

Required Reading
Daniel Stid, "Confessions of a Social Impact Bond Skeptic," The Bridgespan Group, June 2012.

Jon Pratt, "Social Impact Bonds: A Conversation with Simon Jawitz," Nonprofit Quarterly, November 30, 2011.

McKinsey & Company: Social Impact Bond information portal

Related Events
02
July 2025
Virtual Event | Online Only
After Midnight Hammer: The State of Iran’s Nuclear Program and What’s Next in the Middle East
Featured Speakers:
David Albright
Michael Doran
Maxar satellite imagery collected on June 22 shows extensive damage at the Fordow underground nuclear enrichment complex. (Getty Images)
02
July 2025
Virtual Event | Online Only
After Midnight Hammer: The State of Iran’s Nuclear Program and What’s Next in the Middle East

David Albright, one of the leading experts on the Iranian nuclear program, will join  Michael Doran for a fireside chat on the state of Iran’s nuclear ambitions following Operations Rising Lion and Midnight Hammer.

Maxar satellite imagery collected on June 22 shows extensive damage at the Fordow underground nuclear enrichment complex. (Getty Images)
Featured Speakers:
David Albright
Michael Doran
07
July 2025
In-Person Event | Hudson Institute
Designating the Polisario Front: A Conversation with Rep. Joe Wilson
Featured Speakers:
Michael Doran
Congressman Joe Wilson
U.S. Rep. Joe Wilson (R-SC) speaks during a news conference hosted by members of the Congressional Ukraine Caucus at the Capitol on February 24, 2025 in Washington, DC. (Getty Images)
07
July 2025
In-Person Event | Hudson Institute
Designating the Polisario Front: A Conversation with Rep. Joe Wilson

Michael Doran, director of Hudson’s Center for Peace and Security in the Middle East, will host Congressman Joe Wilson (R-SC) for a discussion on the strategic benefits of designating the Polisario Front as a foreign terrorist organization (FTO).

U.S. Rep. Joe Wilson (R-SC) speaks during a news conference hosted by members of the Congressional Ukraine Caucus at the Capitol on February 24, 2025 in Washington, DC. (Getty Images)
Featured Speakers:
Michael Doran
Congressman Joe Wilson
09
July 2025
Virtual Event | Invite Only
Israel’s Economic Resilience after October 7: Navigating War and Strategic Pressures
Featured Speakers:
Noach Hacker
Michael Doran
Getty Images
09
July 2025
Virtual Event | Invite Only
Israel’s Economic Resilience after October 7: Navigating War and Strategic Pressures

Noach Hacker, Israel’s minister of economic affairs, will join Hudson’s Michael Doran for a discussion on how Israel has fortified its economic foundations for moments of extreme crisis. 

Getty Images
Featured Speakers:
Noach Hacker
Michael Doran
11
July 2025
In-Person Event | Hudson Institute
The Han Kuang Exercise and the Taiwanese Military’s Road to Readiness
Featured Speakers:
RADM Mark Montgomery
Brent Sadler
Bryan Clark
Moderator:
Riley Walters
Getty Images
11
July 2025
In-Person Event | Hudson Institute
The Han Kuang Exercise and the Taiwanese Military’s Road to Readiness

Hudson’s Riley Walters will discuss what to look for during these exercises and what more Taiwan can do to strengthen its defense posture with a panel of military experts.

Getty Images
Featured Speakers:
RADM Mark Montgomery
Brent Sadler
Bryan Clark
Moderator:
Riley Walters