Project
| ID | INDIGO-POJ-0017 |
|---|---|
| Impact Bond Name - (Value) | Mother Teresa Middle School |
| Stage of Development - (Value) | Implementation |
| Dates - Start date of service provision - (Value) | 2016 |
| Dates - (Source ID's) | source1 |
| Overall project finance - Total investment commitment - Currency - (Value) | CAD |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 1000000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 754366.7479 |
| Purpose and classifications - Intervention - (Value) | The intervention supports young people who are at high risk of poor academic achievement to engage in education and remain in school. It focuses particularly on students from indigenous communities, who historically have had lower graduation rates than non-indigenous students. |
| Purpose and classifications - Policy sector - (Value) | Education |
| Purpose and classifications - (Source ID's) | source10,source1 |
| Service and beneficiaries - Target population - (Value) | Grade 6 to 8 students whose probability of success has been compromised by social and economic factors - a large proportion of these are First Nations or Metis. |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 88 |
| Service and beneficiaries - (Source ID's) | source6 |
| Notes - (Value) | 1) Full repayment of the principal and payment of an annual interest rate of 1.3%: achievement of a 82 % or higher Grade 12 graduation rate; repayment of 3/4 of the principal: at least 75% graduation rate; no repayment of principal: graduation rate below 75%. 2) Progress is tracked annually by the Canadian Ministry of Education. |
| Delivery Locations 1: Location - Name - (Value) | Sasketchewan, Canada |
| Delivery Locations 1: Location - Country - (Value) | CA |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 50.436002 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | -104.623263 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Johnson Shoyama Graduate School of Public Policy, "Assessing Social Impact Bonds in Canada (Khovrenkov et al., 2018) - p.2 |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | Johnson Shoyama Graduate School of Public Policy, "Assessing Social Impact Bonds in Canada (Khovrenkov et al., 2018) - p. 2 |
| Sources 3: Id | source3 |
| Sources 3: Name - (Value) | Saskatchewan Government, "Social Impact Bonds Will Improve Graduation Rates for Mother Teresa Middle School Students" (15/09/2016), p. 1 (accessed 23 July 2019) https://www.saskatchewan.ca/government/news-and-media/2016/september/15/social-impact-bond-for-mtms |
| Sources 4: Id | source4 |
| Sources 4: Name - (Value) | Saskatchewan Government, "Social Impact Bonds Will Improve Graduation Rates for Mother Teresa Middle School Students" (15/09/2016), p1. (accessed 23 July 2019) https://www.saskatchewan.ca/government/news-and-media/2016/september/15/social-impact-bond-for-mtms |
| Sources 5: Id | source5 |
| Sources 5: Name - (Value) | Individual charity websites |
| Sources 6: Id | source6 |
| Sources 6: Name - (Value) | Saskatchewan Government, "Social Impact Bonds Will Improve Graduation Rates for Mother Teresa Middle School Students" (15/09/2016), p.1 (accessed 23 July 2019) https://www.saskatchewan.ca/government/news-and-media/2016/september/15/social-impact-bond-for-mtms |
| Sources 7: Id | source7 |
| Sources 7: Name - (Value) | Social Finance SIB project summary (accessed 23/07/2019), https://sibdatabase.socialfinance.org.uk/?project_id=72 |
| Sources 8: Id | source8 |
| Sources 8: Name - (Value) | Saskatchewan Government, "Social Impact Bonds Will Improve Graduation Rates for Mother Teresa Middle School Students" (15/09/2016), p1. (accessed 23 July 2019) https://www.saskatchewan.ca/government/news-and-media/2016/september/15/social-impact-bond-for-mtms |
| Sources 9: Id | source9 |
| Sources 9: Name - (Value) | Saskatchewan Government, "Social Impact Bonds Will Improve Graduation Rates for Mother Teresa Middle School Students" (15/09/2016), page 1 (accessed 23 July 2019) https://www.saskatchewan.ca/government/news-and-media/2016/september/15/social-impact-bond-for-mtms |
| Sources 10: Id | source10 |
| Sources 10: Name - (Value) | Social Finance SIB project summary (accessed 23/07/2019), https://sibdatabase.socialfinance.org.uk/?project_id=72; Saskatchewan Government, "Social Impact Bonds Will Improve Graduation Rates for Mother Teresa Middle School Students" (15/09/2016), p.1 (accessed 23 July 2019) https://www.saskatchewan.ca/government/news-and-media/2016/september/15/social-impact-bond-for-mtms |
| Sources 11: Id | source11 |
| Sources 11: Name - (Value) | Johnson Shoyama Graduate School of Public Policy, "Assessing Social Impact Bonds in Canada (Khovrenkov et al., 2018) - p.3 |
| Sources 12: Id | source12 |
| Sources 12: Name - (Value) | Saskatchewan Government, "Social Impact Bonds Will Improve Graduation Rates for Mother Teresa Middle School Students" (15/09/2016), p.1 (accessed 5 August 2019) https://www.saskatchewan.ca/government/news-and-media/2016/september/15/social-impact-bond-for-mtms |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-0549 |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-0550 |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount - (Value) | C$1.16M (estimate) |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-0551 |
| Investments 1: Investment Commitment - Currency - (Value) | CAD |
| Investments 1: Investment Commitment - Amount - Exact - (Value) | 1000000 |
| Investments 1: Investment Commitment - Amount USD - Exact - (Value) | 754366.7479 |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Increase in high school graduation rates. School achieves 82% Grade-12 graduation rates (minimum 75% threshold). |
| Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value) | 88 |
| Outcome Metrics 1: Policy sector - (Value) | Education |
| Outcome Metrics 1: Primary SDG goal - (Value) | 4 |
| Outcome Metrics 1: Secondary SDG goals - (Value) | 10 |
| Outcome Metrics 1: Primary SDG target - (Value) | 4.1 |
| Outcome Metrics 1: Secondary SDG targets - (Value) | 10.2 |