Goldman Sachs is getting a $267,000 check from an unlikely source: a United Way of Salt Lake public preschool program. The payment is the initial return on an $7 million investment the bank, along with the hotel heir and philanthropist J.B. Pritzker, made in 2013. The funding is structured as a loan known as a social impact bond, where private investors put money to public programs with clear, measurable goals.

Topics:  a united way   j.b pritzker    if    u.s    salt lake city   utah   john roman   urban institute   the new york times   social    goldman   chicago   york's rikers    the rikers   wnyc    this   the huffington post   sachs   salt lake   goldman    the   island    the   preschool   check   program   programs   investors   impact   provide   state   funding   public   money   funded   investment   bond   return   private   low-income   charities   education   special   bonds   failed   recidivism   goals   success   youth   paid   savings   meet   terms   percent   
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