Pay for Success (PFS) projects call for an ongoing dialogue with multiple community stakeholders. Two PFS feasibility studies, supported through grants from the the Corporation for National and Community Service's Social Innovation Fund, are underway in Washington State: Department of Early Learning and Thrive Washington study, and Health Care Authority study. To begin this dialogue [...]

John Grossman, Co-President at Third Sector Capital Partners, Inc., was featured in a Government Executive by Patrick Lester, entitled, "Does Pay for Success Work? Define 'Success'" "We shouldn’t make the perfect the enemy of the good," agreed John Grossman, co-president at Third Sector Capital Partners. "The goal is continuous improvement. Success comes in changing the [...]

We opened up our San Francisco office in late October to host an exciting conversation about how Pay for Success (PFS) is impacting our most at-risk populations across the country. The event, “Scaling Social Impact: Pay for Success & Social Impact Bonds”, was co-hosted with the Net Impact San Francisco Professional Chapter. Net Impact is [...]

Nonprofit Finance Fund (NFF) has announced two of our partners, Santa Clara County and Hillside Family of Agencies, have been selected as grant recipients through the federal Social Innovation Fund (SIF) Pay for Success initiative.

Santa Clara County has been awarded the SIF grant to launch a Pay for Success project serving individuals with acute mental illness. The selected service provider, Telecare Corporation, will focus on clients who have frequent stays in psychiatric emergency care, and ensure these patients are stabilized in less restrictive, community-based environments. The SIF grant supports Third

What impact has PFS had on the United States social sector? As the model gains traction, what can PFS achieve in the future? Next week, TSCP Co-President and Co-Founder Caroline Whistler will be tackling these questions at SOCAP15, an annual conference of leading impact investors, social entrepreneurs, and cross-sector practitioners. On October 6th and 7th, Caroline will be presenting the PFS model, its development, and its ability to more efficiently drive government resources toward more effective social services.

You can catch Caroline at SOCAP15 in San Francisco at:

Social Sector Transformation through Pay for Success

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