About Pay For Success
Pay for Success (PFS) is an innovative funding model that drives government resources toward evidence-based social programs that prove effective at providing results to the people who need them most. The model gives highly effective service providers, including nonprofits and charities, access to flexible, reliable, and upfront resources to tackle critical social problems by tapping private funding to cover the up-front costs of the programs. Independent project managers support the collaboration between service providers, government, and funders. By rigorously measuring the effectiveness of these programs over time, PFS ensures increased accountability for government spending as taxpayer dollars are being spent on programs that are demonstrated as improving people’s lives. Seven PFS programs have been launched in the United States, including two that expand early childhood programs.
Pay for Success in Early Childhood
ICS believes that PFS financing holds enormous promise for improving children’s lives. We have already conducted a feasibility study of the potential for PFS to scale up early childhood programs in South Carolina, in particular the Nurse-Family Partnership (NFP) – a successful home visiting program for low-income first-time mothers. By analyzing the feasibility of PFS for NFP, we learned lessons about how PFS financing might apply to the broader field of early childhood interventions. These lessons included likely benefits, the types of projects for which PFS is best suited, and potential challenges. As recent grantees of the Social Innovation Fund’s (SIF) PFS program, we are currently partnered with four jurisdictions across the country to provide technical assistance – the State of Connecticut Office of Early Childhood, the city of Spartanburg in South Carolina, Sonoma County Department of Health and Human Services in California, and Washington State Department of Early Learning.
The map below shows all jurisdictions in the United States that have shown varying levels of interest in using PFS financing to achieve early childhood outcomes:
To view PFS publications, please click here
2015 Conference of the Early Childhood Social Impact Performance Advisors - San Diego
Powerpoint presentations from the conference are available here (this does not represent every presentation as several sessions did not use powerpoint)
2015 Conference Program Available Here
2015 Attendee List Available Here
2016 Pay for Success National Conference and Technical Assistance
To apply for the 2016 conference, please visit our PFS page.
Eligible applicants for early childhood PFS conference:
Teams from specific jurisdictions (state, city, county, tribal, or multi-jurisdictional groups) that include key stakeholders needed for a PFS transaction. These teams must include executive branch government representatives, and may also include legislators or legislative staff. Additional members may include philanthropy, service providers or their representatives, civic organizations, business leaders, or potential investors. Each jurisdiction can determine the most appropriate team members but teams should reflect strong interest in PFS from multiple sectors and stakeholders’ willingness to work together.
Eligible applicants for technical assistance:
This opportunity is targeted to state or local government applicants wishing to improve child outcomes by expanding and enhancing early childhood programs. The jurisdiction applying can be a state, a county, a city, a tribe, another entity such as a school district, or a combination. Government entities will be the formal recipients of the TA, but ICS encourages a team-based approach that includes the non-profit sector, philanthropy, investors, and other stakeholders in the jurisdiction’s exploration of PFS. A single team from a jurisdiction can apply for both conference participation and technical assistance.