Category Archive for : ‘Blog’

By Joe Gayeski and Mary Beech Pay for Success (PFS) is one way local and state jurisdictions can address pressing social issues in their communities. By integrating data and building rigorous evaluation into government contracting, PFS can reward social services that demonstrate measurable impact. To make this possible, PFS leverages private capital. The model’s innovative [...]

By Priya Shah and Dan Peck In early April, Third Sector was invited to share our approach to performance-based policy at San Francisco State University (SFSU). We shared our expertise in leveraging data to inform social policy to a class of junior and senior sociology students taught by Professor Jason Luger. The highly interactive 90-minute [...]

By Sithara Kodali Last month, the President signed the Evidence-Based Policymaking Commission Act of 2016 into law. Though the law itself is new, the ideas within it are not. The Act is the latest iteration in national trend towards performance-driven policy and practice, the same movement that is driving the pursuit of Pay for Success [...]

Despite the rapidly growing interest in Pay for Success contracting in the United States, little attention has been given to the enabling environment, including regulatory policy. In partnership with Perry Teicher, Impact Finance Fellow at Orrick, Herrington & Sutcliffe LLP, John Grossman and Marcia Chong have compiled a legislative review of state and local legislative [...]

By George Overholser Eight years ago, I pitched the Pay for Success concept as a new kind of a money back guarantee. Government would pay for a social service, impact would be rigorously measured, and if impact fell short, government would get its money back. Think of it as impact insurance, or a Social Impact [...]