💰 Financial Record
paymentTransaction Details
Amount
USD
$100,000,000.0
Payer (From)
U.S. Government
Linked to U.S. Government
Payee (To)
Pilot Programs
Linked to Pilot Programs
Transaction Date
February 01, 2011
Description
President Obama was expected to propose setting aside $100 million for seven pilot programs for 'pay for success' or 'social impact' bonds.
Additional Details
Date string:
c. February 2011
Amount string:
100000000
Source document:
HOUSE_OVERSIGHT_030324.jpg
📄 Source Document
HOUSE_OVERSIGHT_030324.jpg
ESTATE Collection
Document Summary
This document is an email sent to 'jeevacation@gmail.com' on February 10, 2011, from a redacted individual. The sender forwarded a news article about 'social impact bonds' and asked for the recipient's opinion on whether the idea is worthwhile and if they should get involved. The article details how these bonds use private investment, such as from the Rockefeller Foundation, to fund social programs, with government repayment contingent on success, citing a UK prison program and potential US initiatives under President Obama.
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