Category Archives: PFS in early childhood

Chicago’s Pay for Success Program Evaluation: Year 3

Launched in 2014, this innovative public-private partnership expands Chicago Public Schools’ Child-Parent Center (CPC) program, making it possible for more than 2,600 kids and their families to benefit from CPC’s high-quality early childhood and parent engagement services. For each year of the program, the program’s independent evaluator releases a report of student performance across kindergarten […]

Using benefit-cost analysis to scale up early childhood programs through Pay-for-Success financing

This 2015 journal article describes social impact borrowing as a new method for financing public sector, outlines contribution of benefit cost analysis (BCA), and discusses innovative use of social impact financing to promote scaling evidence based Child-Parent Centers and other early childhood programs. Citation: Temple, Judy A. & Reynolds, Arthur J. (2015). Using benefit-cost analysis […]

Financing human capital development for economically-disadvantaged children: Applying pay for success social impact finance to early childhood development

ReadyNation Working Paper, June 10, 2013

This 2013 working paper describes how PFS can be applied to funding of early childhood development programs. Citation: Dubno, J. A., Dugger, R. H., & Smith, M. R. (2013). Financing human capital development for economically-disadvantaged children: Applying pay for success social impact finance to early childhood development (working paper). Washington, DC: Ready Nation.

Sharing Risks and Returns: Social Impact Investment to Scale Up Effective Programs

Logo: FP

This 2012 paper describes three innovative financing strategies for social impact investing: PFS; public-private partnerships; and performance-based contracting. Included are descriptions of each strategies and examples of current or past uses of each strategy. Citation: Silloway, T., Connors-Tadros, L. & Hayes, C.D. (2012). Sharing Risks and Returns: Social Impact Investment to Scale Up Effective Programs. […]

Early childhood “pay-for-success” social impact finance: A PKSE bond example to increase school readiness and reduce special education costs

ReadyNation Working Paper, June 10, 2013

This 2012 resource is a progress report that provides an example from 2009 Pennsylvania PreK Counts to demonstrate how social impact bonds might be used to pay for early learning services. Citation: Dugger, R., & Litan, R. (2012). Early childhood “pay-for-success” social impact finance: A PKSE bond example to increase school readiness and reduce special […]