News and Insights

Last month, Senior Analyst Marcia Chong testified before the Travis County Commissioners Court. Alongside Managing Director Rick Edwards, Marcia presented Third Sector's work with the Austin/Travis County Health and Human Services Department in assessing the feasibility of a Pay for Success project in teen pregnancy prevention. Third Sector's work in Austin/Travis County was supported by [...]

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 [...]

This week, Third Sector Capital Partners, Inc. was congratulated by White House staff alongside other Social Innovation Fund grantees for its work in Pay for Success. Third Sector's Second SIF Cohort adds five feasibilities to the growing number of Pay for Success engagements across the country. "The Obama Administration’s efforts to explore and test PFS [...]

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 [...]

By Nadia Ahmed and Mary Beech It’s said that marathons are won well before the starting gun goes off. When the runners arrive on race day, the most successful will have put in enough training to know exactly what to expect. When governments pursue a model as innovative as Pay for Success (PFS), pilot programs [...]