Impact Profile: American Prison Data System

The United States is home to more than 2 million incarcerated individuals, almost 1% of the population.[1] This incarceration rate is the largest in the world, and collectively represents over 20% of the world’s prison population.[2] The US spends $74 billion annually on corrections, and 50,000 incidents of violence behind bars are reported annually. Compounding this problem is the recidivism rate – 40% of prisoners will return to prison within 3 years of their release. This is partially due to the difficulty in receiving high-quality education and job training while incarcerated.

American Prison Data System (APDS) is focused addressing this problem by delivering education to prison inmates digitally via tablets. APDS partners with best-in-class content developers to provide programs including K-12 education, vocational training, health and rehabilitation, reentry and life skills, and a law library. APDS has also worked with technology partners to develop a customizable and secure tablet-based product. The open platform expands the breadth and depth of programming available with digital libraries, secure communications, and online courseware.

Through its education programs, APDS aims to both improve the quality of life for inmates and reduce the likelihood of recidivism upon release, providing a rare opportunity for impact investors to positively affect the prison system.


[1] US Bureau of Justice Statistics
[2] International Centre for Prison Studies

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This is not an offer to sell any type of security, and there is no investment currently available through Abacus, which would allow someone to invest in funds mentioned in the above article. Abacus Wealth Partners is the General Partner of Abacus Impact Fund 2013, LP, a fund of funds that ultimately has an interest in funds mentioned in the above article. The information presented in the “Impact Profile” is to provide additional qualitative reporting to Abacus clients who own Abacus Impact Fund 2013, LP, as well as to help educate Abacus clients about impact investing.

This information is provided for educational purposes only and should not be considered investment advice or a solicitation to buy or sell this security. This newsletter contains general information that is not suitable for everyone. The information contained herein should not be construed as personalized investment advice. Information was based on sources we deem to be reliable, but we make no representations as to its accuracy. Past performance is no guarantee of future results. There is no guarantee that the views and opinions expressed in this newsletter will come to pass. Investing in the stock market involves gains and losses and may not be suitable for all investors. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security. Information related to the firm’s performance is based on pure model portfolios only and is net of fees. Certain clients may have holdings that deviate from the model and as such individual client performance may be different than the results presented herein.

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