• Skip to primary navigation
  • Skip to content
  • Skip to primary sidebar

Carter Ledyard & Milburn LLP

  • Professionals
  • Practices
  • News & Insights
  • Thought Leadership
  • Featured Series
  • Looking Ahead
  • Events
  • Our Firm
Stay Connected
Stay Connected
Subscribe To Our Publications
PrintPDFEmail

Jeremy S. Steckel Co-Authors Article on Social Impact Bonds

September 10, 2018/less than a minute

Carter Ledyard attorney Jeremy S. Steckel co-authored an article published in the NYU Journal of Law & Business on “pay for success” programs, also known as “social impact bonds.” These programs, in which private investors finance social services programs and receive a return on their investment if pre-agreed outcomes are met, are increasingly popular vehicles for attracting private resources to address social problems. The article considers how the private benefit doctrine—which prohibits nonprofits from being operated more than incidentally for the benefit of private interests—might affect the structures of pay for success programs, and how it might limit or encourage their expansion in the future.

The article is available here.

sidebar

Related Professionals

  • Media item displaying Jeremy S. Steckel

    Jeremy S. Steckel

    /

    Partner

    D/212-238-8786
    steckel@clm.com
Copyright © 2023 Carter Ledyard & Milburn LLPPowered by Content Pilot
  • Sitemap
  • Disclaimer
  • Cookie Policy
  • Privacy Policy
  • Subscribe
  • Contact

Meritas

Meritas.org Logo

Legal Link

Legal link dot org logo