Social Impact Investing

capital to address social problems. Through the use of strong intermediaries, publicprivate
partnerships can tap local knowledge, and build a sustainable ecosystem that
goes beyond government. Better information, new instruments and strong
intermediaries that help build sustainable ecosystems to solve hard problems can
attract and unlock institutional capital, and as a consequence, programs can achieve
true impact at scale.
Information
Impact Data Initiative
The Office of Social Innovation created the Impact Data Initiative to create more
transparency regarding information related to the social sector as a strategy to increase
the flow of financial capital into the field. The Impact Data Initiative has been focused on
opening federal databases as well as encouraging nonprofits to provide additional
information. It has been supported by nonprofit organizations such as the Aspen
Institute, Charity Navigator, Guidestar, and the Urban Institute.
The Impact Data Initiative has predicated on changes to the Form 990. This is an
annual reporting return that certain federally tax-exempt organizations must file with the
Internal Revenue Service. In 2008, the form was revised as a result of the passage of
the Federal Pension Protection Act. All 501 (c) 3 private foundations regardless of
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