News and Insights

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 [...]

Senior Associate Sithara Kodali has been featured in an interview with the Fletcher Social Investment Group, a student-run organization based at the Fletcher School of Tufts University. In the podcast, Sithara provides an overview of Pay for Success, its cross-sector mechanics, and its promises for government and underserved communities. LISTEN HERE

On February 29th, Co-President and Co-Founder Caroline Whistler joined a panel at the Brookings Institute's event, "The Global Potential and Limitations of Social Impact Bonds". Featuring international leaders in Pay for Success and early childhood development, Caroline Whistler presented the Cuyahoga County Partnering for Family Success Program as an example of how the cross-sector model [...]

Third Sector's Pay for Success projects in Cuyahoga County, Ohio, Santa Clara County, California, and the Commonwealth of Massachusetts were featured in Stateline, a daily report on state policy from the Pew Charitable Trusts. Co-founder and Co-President Caroline Whistler is quoted, The bonds are meant to foster creative solutions to entrenched social problems, with an [...]