Artwork stating 'Education Destroys Barriers', 'We Demand Treatment', and 'I Need A Chance'

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  • Participatory Budgeting: The People's Budget

    Participatory budgeting is a way for citizens to directly influence government spending. The idea is taking off in New York with city councils in all five boroughs now putting money into these “people’s budgets.” Citizens propose ideas of how to spend the money, usually one million dollars or more, then vote. Past projects have included creating a teen space, planting trees, and building a community recording studio.

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  • When a Few Bucks Can Get a Student to the Finish Line

    At Georgia State University in Atlanta, a couple of hundred dollars can often be the tipping point for whether a student can graduate or not. To address this issue and to further help low income students, the college has implemented a retention grant system, providing these essential funds to get students over the finish line.

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  • Peru: Cutting Poverty

    Between 2005 and 2015, Peru cut its poverty rate in half. Though there is still more work to be done, Peru can attribute its success to several reasons. The combination of inclusive economic growth and targeted, high-impact social programs showed clear results. By giving monthly cash stipends to female heads of household and helping youth as well as the elderly, Peru has seen a sizable decrease in economic inequality.

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  • 'Bribing' Mums To Feed Their Kids

    One in three children in Peru are stunted by a lack of nutritious foods in their diet. In 2005, the government gave cash hand-outs to poor mothers, but only on the condition that they had regular health check-ups and their children went to school. By 2014 the number of children growing up too small had halved.

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  • How program goes far beyond ‘paying kids to stop killing' each other

    The police department and the Office of Neighbourhood Safety in Richmond, CA are lowering the number of homicides by identifying the youths most likely to commit crimes and giving them cash in return for compliance with their program.

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  • Program taps unusual weapon to stop killings: Respect

    A program in Richmond California identifies and enlists felons and youth at-risk for firearm violence in a fellowship, and is credited for a 76% decrease in homicides in the city. Participants receive relationship building, life maps, excursions, stipends, intergenerational mentoring, and internships, and are paid for good behaviour.

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  • 15 countries, other states use social impact bonds, too Audio icon

    A project launched in the United Kingdom uses social-impact bonds to reduce recidivism among prisoners, bringing together public and private resources to implement more effective and cost efficient social programs. Their success is inspiring other countries to follow suit.

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  • To fight poverty in Africa, a new-old solution: cash handouts

    The approach of giving cash straight to poor people - rather than funneling goods or services indirectly through the slow, diluted, and complex systems of charities or governments - is nothing new, but evidence of long-term success and sustainability are few. That's why many NGOs and governments are now coupling cash transfers with more comprehensive programs such as job training and financial counseling, as well as addressing some of the root causes that keep people poor, like lack of infrastructure and market access.

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  • No Resolution in Sight for International Climate Finance

    Climate financing, determining which nations pay and which nations receive, is a challenge for the United Nations. The World Bank created a Pilot Auction Fund, which competitively allocates credit in an online auction, using the returns to fund projects that reduce emissions.

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  • Big Bet Philanthropy: How More Givers Are Spending Big And Taking Risks To Solve Society's Problems

    For the superrich and the biggest U.S. charitable foundations, donating to universities, hospitals and cultural institutions is the norm. Less common are donations targeted at "social change" such as alleviating poverty or tackling global warming - but that is beginning to change. An in-depth study from the Bridgespan Group is showing how big bets in philanthropy are paying off, as well as what factors - such as a close donor-recipient relationship - are key to success.

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