Category Archives: Other Organization

GAO Report on PFS

Logo: GAO.gov

This is a 2015 Government Accountability Office (GAO) report examining how selected PFS projects have been structured and what potential benefits they can provide, how contracts have been structured to identify potential project risks, the potential roles for the federal government’s involvement in PFS projects, and recommendations to federal agencies about how to identify and […]

Social Impact Bonds: The Early Years

Logo: Social Finance

This 2016 Social Finance white paper provides an updated of summary the 60 PFS-financed projects launched across the globe between 2010 and 2016. It also features perspectives from individual PFS stakeholders across service sectors and addresses several frequently asked questions about the model. Link to Document (PDF)

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

Cover: Journal of Benefit-Cost Analysis

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 how social impact financing can promote scaling evidence-based programs like Child-Parent Centers and other early childhood programs. Citation: Temple, Judy A. & Reynolds, Arthur J. (2015). Using benefit-cost analysis to […]

Institute for Child Success (ICS)

Logo: i(cs)

The Institute for Child Success — an independent, nonpartisan, nonprofit research and policy organization — provides guidance on PFS, targeted technical assistance (with support from the Social Innovation Fund), and organizes the only major national conference focused on early childhood PFS, held annually. Link to Webpage

Urban Institute’s Pay For Success Initiative (PFS Initiative)

Logo: Urban Institute

Established in 2015, the Urban Institute’s Pay for Success Initiative provides targeted technical assistance (TA) to clients seeking help with PFS projects, including Notice of Support Availability. The Initiative also maintains a website that features a library of PFS resources — including a forthcoming early childhood PFS toolkit — and organizes communities of practice. Link […]

Social impact bonds: A promising new financing model to accelerate social innovation and improve government performance.

Logo: CAP

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. Citation: Liebman, J. B. (2011). Social impact bonds: A promising new financing model to accelerate social innovation and improve […]

Social Innovation Fund evaluation plan guidance: A step-by-step guide to designing a rigorous evaluation

Logo: Social Innovation Fund

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). Citation: Corporation for National & Community Service. (2014). Social Innovation Fund evaluation plan guidance: A step-by-step guide to designing a rigorous evaluation. Washington, DC: […]

The payoff of pay-for-success

Logo: SSIR

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 Link to Webpage