When Judith Rodin became president of The Rockefeller Foundation in 2005, she identified a pressing need to re-organize the foundation to meet the challenges in an increasingly complex world. Rodin also recognized that for philanthropy to make meaningful progress in solving the world’s biggest problems, it could not act alone.

This case highlights the evolution of The Rockefeller Foundation’s philanthropic strategy as it developed innovative financing models, focusing on the development of social impact bonds (SIBs).