Third Sector Projects Featured in SSIR
The recent Stanford Social Innovation Review article "Social Impact Bonds: More Than One Approach" highlights the work of Santa Clara's Project Welcome Home and Los Angeles County's Just-in-Reach project, both of which Third Sector has been deeply engaged. The article discusses how social impact bonds differ between projects and geographies, and how those differences impact implementation. More specifically, it points to Project Welcome Home as a great example of multiple funders working at difference risk levels and roles. And among the authors' recommendations, they suggest that in the design of Pay for Success projects, stakeholder involvement and co-creation with the services need to expand, using Project Welcome Home again as an example of deep stakeholder involvement. Read the full article.