cover image: Foyer Central Social Impact Bond - Annual Investor Report Period ending 30 September 2023

20.500.12592/xpnw37q

Foyer Central Social Impact Bond - Annual Investor Report Period ending 30 September 2023

19 Dec 2023

The Program was developed in consultation with the Brotherhood of St Laurence, which delivers the Education First Youth Foyers in Victoria, and builds upon on the extensive Foyer evidence base created by the delivery of Foyer models around the world over the past thirty years. [...] The Foyer Central Program aims to build the capabilities of young people and their capacity to access resources and opportunities, and to make positive decisions so they can lead fulfilling lives and make a successful transition to independence - and ultimately break the cycle of homelessness. [...] The Foyer Central SIB Trust (being SVA Nominees Pty Ltd as the trustee of the Foyer Central SIB Trust) is the issuer of the Foyer Central SIB, and is managed by Social Ventures Australia Limited. [...] “I’m extremely passionate about working with young people and when the opportunity to join Foyer Central was offered, I was excited to have the chance to offer my skills and knowledge, as well as lead a new team and program to facilitate further growth and outcomes for the young people. [...] Under the terms of the Loan Agreement, Uniting cannot agree to variations to the Implementation Agreement that would impact on Interim Indicators or Successful Outcomes or any payment to Uniting under the Implementation Agreement without the consent of SVA Nominees Pty Ltd in its capacity as trustee of the Foyer Central SIB.
Pages
22
Published in
Australia