Social Finance Stock (SOFI)

Founded in January 2011, Social Finance US is a 501(c)(3) nonprofit organization that is dedicated to mobilizing investment capital to drive social progress. They believe that social impact financing can play a catalytic role in creating these opportunities. They are dedicated to designing public-private-nonprofit partnerships that tackle complex social challenges such as poverty, crime, education, health, and workforce success. As market intermediaries, they structure these partnerships by aligning the unique interest of all stakeholders – service recipients and providers, government and investors – to create innovative social financing solutions. This work reflects their commitment to driving social progress through a market-based approach, as well as their deep experience in the governmental, capital markets, social services, and philanthropy sectors. Core to their work is the development of Social Impact Bonds (SIBs), which draw upon private capital to fund effective interventions designed to address the needs of the underserved. Social Impact Bonds have the potential to unlock a new and vast pool of investment capital to finance the expansion of effective, prevention-based projects, while focusing on measurable outcomes and generating social and financial returns for investors.