Tag Archives: PFS

8 Preschool Pay For Success Pilots Funded

Department of Education

On December 22, 2016, the U.S. Department of Education announced $3 million in Pay for Success grants for preschool programs. These grants will allow states, school districts, and other local government agencies to explore whether Pay for Success is a viable financing mechanism for expanding and improving preschool in their communities. The 8 winners were […]

Pay for Success Project Assessment Tool

Logo: Urban Institute

The PFS Project Assessment Tool (PAT) helps people answer a fundamental question: What makes for a strong PFS project? It describes core elements of PFS projects, explains why those elements are important, provides a scoring system to help distinguish the strengths and weaknesses of a proposed project, and generates recommendations for improving those weak areas. […]

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. Social Impact Bonds: The Early Years (PDF)

U.S. Department of Education

Dept. of Education logo

The U.S. Department of Education now offers a page of resources related to Pay for Success, including links to Office of Management & Budget (OMB) and White House resources, a U.S. Government Accountability Office (GAO) report, fact sheets and blogs, and links to information on Pay for Success projects in the U.S. U.S. Department of […]

Ready Nation

Logo: Ready Nation

ReadyNation was originally created in 2006 and has operated as a nonprofit since 2014. ReadyNation specializes in applying PFS finance to scaling up early childhood programs. It is leading an active effort to develop the research, operational and legal frameworks needed to set up successful early childhood PFS arrangements. ReadyNation also provides technical assistance and […]