Urbis won the prestigious Best Evaluation Award at the Australian Evaluation Society (AES) Awards for Excellence in Evaluation 2017. The award recognises the team’s groundbreaking work on Newpin Social Benefit Bonds, Australia’s first Social Benefit Bond (SBB).
With more children placed in Out of Home Care every year, there is a critical need to find new and better ways of having these children safely restored to their families wherever possible. Newpin, operated by Uniting, works with families to do this.
Newpin is funded through an SBB – a new financial instrument that pays a return to investors based on the achievement of agreed social outcomes.