Creating a $100 Million Social Finance Fund

Google created a $100 million social finance fund with the ambition that that fund will create $1 billion in wage gains from the people who receive the support. The first recipients of the fund have been America and Europe. And then when someone gets a job, assuming they earn at least $40,000 a year or more, they actually pay back to Merit America or to Europe the cost of those wrap around supports. That then funds the next person. We are really holding ourselves accountable for the wage gain results.