News and Insights

The Nonprofit Finance Fund (NFF) released a report, “Pay for Success: The First 25”. The report provides a deep analysis into the launch, impact, and implications of the first 25 Pay for Success (PFS) projects launched in the US. This report provides a baseline understanding of what goes into every PFS contract while also explaining [...]

This blog series is centered on Third Sector’s assessment on applicability of Pay for Success in higher education in partnership with a new cohort of stakeholders. This is blog post #3 of the series. Third Sector recently launched a national Pay For Success in Higher Education cohort of four higher education state and system partners [...]

The $100 million Social Impact Partnerships to Pay for Results Act (SIPPRA) is a federal funding opportunity to scale outcomes-driven solutions that benefit communities across government funding silos. Round 2 Applications for Feasibility Study will soon be open during Fall this year. 

State and local governments are invited to explore outcomes-oriented readiness through Round 2 funding, which will be used to cover 50% of the cost of a Feasibility Study. Third Sector looks forward to supporting communities and is available to partner with agencies to create an Outcomes Implementation Plan in

The Annie E. Casey Foundation and Third Sector staff led a two-day convening on how to align data, public funding, policy, and programs to improve outcomes for 18-24 year-old youth & young adults through community colleges’ platforms. 

50+ attendees represented state departments of Labor, Education, and Human Services; workforce boards; community and technical colleges; service providers; universities; and state data centers from nine Southern and Southwestern states (AR, KY, MD, MS, NE, NM, RI, TX, & VA).
Each state formed a “team” of experts to work directly with Third Sector staff before and

Over the next two years, Third Sector will work with up to five nonprofit grantees of The James Irvine Foundation’s Better Careers initiative and up to ten local government agencies to advance economic opportunity in California through a $2M grant from the Foundation. Third Sector will facilitate partnerships between Better Careers grantees and public service [...]

Third Sector announced its new PFS in Higher Education national cohort today with the selection of four communities that will receive training and technical assistance in using Pay for Success to fund student access and success programs.