News and Insights

Caroline Whistler, Co-Founder and Co-President of Third Sector Capital Partners, Inc., has been named as one of the Chronicle of Philanthropy's 40 under 40. The list features young nonprofit and philanthropic leaders who are driving forward innovative solutions to pressing problems. The financing portion of such deals has gotten the lion’s share of attention...but Ms. [...]

By Brian Beachkofski and Marcia Chong In the Pay for Success (PFS) model, governments, funders, and nonprofits work together to construct projects that measurably serve our most vulnerable populations. Within this cross-sector mix of stakeholders, local service providers play a critical role. Bringing local expertise to the table, these on-the-ground organizations are responsible for delivering [...]

Pay for Performance (P4P) contracting can be a powerful tool to align limited resources with results. The innovative contracting model has been leveraged across the country to address our most pressing social problems. Third Sector’s first Social Innovation Fund (SIF) Competition is empowering nine governments and organizations to explore the impact of performance-based contracting across [...]

Third Sector Capital Partners, Inc. (Third Sector), a nonprofit advisory services firm that is leading the development of Pay for Success projects across the U.S., has launched a national competition to support government projects in the area of youth workforce development. The competition is being funded by a grant from the Social Innovation Fund (SIF), [...]

Associate John Perovich and Analyst Jake Moy have been featured in Rooflines, the blog of Shelterforce, a publication of the National Housing Institute. Their piece, "Paying for Success in Permanent Supportive Housing" explores how the innovative contracting model can construct effective housing solutions for chronically homeless individuals. "Interest in the PFS model is growing. A [...]

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 [...]