NSW Department of Family and Community Services
The NSW Government Department of Family and Community Services is working with UnitingCare Burnside and Social Ventures Australia (SVA) to implement the Newpin Social Benefit Bond. The bond will raise private capital to fund the expansion of a successful program which works intensively with families to either safely return children in care to their families or prevent them from entering care in the first place.
UnitingCare Burnside will use the money raised through the bond to run and expand the Newpin program. SVA has taken on a financial advisory role and will market the bond to potential investors with the assistance of the Government and UnitingCare Burnside.