This 2015 resource contains a summary from the Institute for Child Success about eight current PFS-funded projects across a range of policy areas/service sectors. These are about PFS projects that have been implemented in the Untied States as of December 2015. Golden, M., Garvey, M., Carolan, M. & Nagendra, B. (2015). Pay for Success in […]
This 2011 resource provides an introduction to social impact bonds (SIBs), a type of PFS funding model. It provides a general introduction to the model, and discusses the advantages, challenges, and criteria for implementing successful projects. Liebman, J. B. (2011). Social impact bonds: A promising new financing model to accelerate social innovation and improve government […]
This 2014 document provides guidance for PFS grantees, subgrantees, and evaluators for preparing a PFS evaluation plan and includes a detailed suggested evaluation plan outline (including implementation and impact evaluation plans). Corporation for National & Community Service. (2014). Social Innovation Fund evaluation plan guidance: A step-by-step guide to designing a rigorous evaluation. Washington, DC: Author.
This 2015 article describes some of the early PFS project in the U.S. and discusses some of the pros and cons of the model as currently being implemented. Citation: Rangan, V. K., & Chase, L. A. (2015). The payoff of pay-for-success. Stanford Social Innovation Review The Payoff of Pay-for-Success
This 2012 guide contains a set of common questions about Social Impact Bonds (a type of PFS model). Costa, K., Shah, S., Ungar, S., & Social Impact Bonds Working Group. (2012). Frequently asked questions: Social impact bonds. Washington, DC: Center for American Progress.
This nonprofit organization dedicated to mobilizing investment capital to drive social progress designs and manages public-private partnerships across complex policy areas (e.g. education achievement gaps, health disparities). Its sister organization in England, Social Finance UK, launched the first Social Impact Bond. Social Finance Website
This U.K. government website compiles information about the country’s more than 32 PFS projects in areas like youth unemployment, mental health, and homelessness. Resources include case studies, information on best practices, current thinking, guidance on project development, cost-benefit analysis guidance, and a unit cost database (specific to U.K. costs). Tools from the Centre for Social […]
This archived webinar from the National Conference on State Legislatures (NCSL) focuses on how integrated early care and education data systems can inform policymakers and help answer questions about young children, families, programs, and services in their states. Both the PowerPoint presentation and the 52-minute YouTube video recording are available on the NCSL website.
This is a general information resource about PFS that outlines some of the advantages and challenges of using PFS. Kohli, J., Besharov, D., J., & Costa, K. (2012). What are social impact bonds? An innovative new financing tool for social programs. Washington, DC: Center for American Progress.
The Center for American Progress is an independent nonpartisan policy institute that is dedicated to improving the lives of all Americans, through bold, progressive ideas, as well as strong leadership and concerted action. Its Social Impact Bonds Series offers issue briefs, reports and news items related to social impact bonds and PFS. Center for American […]
