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New York Social Impact Partnership to Tackle Recidivism

New York Social Impact Partnership to Tackle Recidivism

The Bank of America Merrill Lynch themselves, Social Finance Inc., New York State, the Center for Employment Opportunities (CEO), the U.S. Department of Labor, Chesapeake Research Associates, and The Rockefeller Foundation come together to address recidivism by training and employing ex-inmates.

Bank of America Merrill Lynch and company called this $13.5 million program a social impact partnership – a type of financial contract between multiple parties.

via New York gets an Avengers-style social impact partnership to fight recidivism | Social Enterprise Buzz



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