Three big multi-year grants went out from the Laura and John Arnold Foundation starting in 2014 to investigate and support “Social Innovation Financing.” And this is just part of the picture of what the Arnolds are doing to fund Pay for Success (PFS) initiatives. What is going on with this new trend?

via A Look at the Arnold Foundation’s Big Bet on Social Innovation Financing – Think Tanks | Research | Grants – Inside Philanthropy.