This report provides an overview of the profile of the families enrolled in the Newpin Program to date and an insight into the early outcomes achieved. [...] 4 Newpin SA Social Impact Bond Annual Investor Report 2024 socialventures.com.au To fund Program delivery prior to the receipt of the outcome-linked payments, Uniting Communities borrowed $6.5 million under a Loan Agreement with the Newpin SA SIB Trust1, which in turn raised capital from investors through the issue of the Newpin SA SIB notes. [...] The Newpin SA SIB Trust (being SVA Nominees Pty Ltd as the trustee of the Newpin SA SIB Trust) is the issuer of the Newpin SA SIB, and is managed by Social Ventures Australia Limited. [...] This role assists the team to continue implementing the Newpin model, whilst adapting it to the South Australian context and responding to the needs and aspirations of Newpin families. [...] Based on this approach, the number of Counterfactual Reunifications (being the number of reunifications expected in the absence of the Newpin Program) for the 32 children in the Intervention Group is 7.16 (22.4%).
- Pages
- 17
- Published in
- Australia
