ICS is honored this month to have our Pay for Success (PFS) technical assistance work highlighted in two federal newsletters.
The Social Innovation Fund Spotlight shines on ICS in August. ICS is helping four jurisdictions explore the feasibility of PFS financing to expand early childhood offerings. Below are some highlights of the piece, which you can read in full here.
Megan Golden, Senior Fellow at ICS, noted that a major early success story has been productive engagement with a cross section of partners in each of the jurisdictions….Golden also highlights the work ICS has done to help the jurisdictions it works with focus on assessing and understanding outcomes.
“We’re helping the public agencies to confront outcomes and find ways to measure them,” she said. “We’re encouraging them to determine what their outcomes should be and then to use existing information wherever possible to assess how they’re doing.”
Joe Waters, Vice President of ICS, adds that [in] ICS’s coaching model…a jurisdiction receiving technical assistance must designate a staff member who can commit at least fifty percent of his or her time to working with ICS.
“This allows the ICS work to support, rather than distract from, a person’s responsibilities,” Waters said. “It also builds staff capacity to support other outcomes-based models for program delivery that might emerge in the future.”
You can also learn more about the great work being done by the others in the August Spotlight: Greater Twin Cities United Way Leads Collective Approach to Help Children and Silicon Valley Community Foundation Helping Raise Third-Grade Reading Scores in San Mateo County, California.
ICS’s work with one particular grantee, the State of Washington, was also highlighted in the August newsletter of the Maternal, Infant, and Early Childhood Home Visiting Technical Assistance Coordinating Center. The newsletter’s article on Washington’s portfolio-based approach to home visiting highlight’s ICS’s Pay for Success technical assistance:
“The feasibility study is the first of four required steps to launch a PFS project. Washington’s feasibility study, conducted through the technical support of Third Sector Capital Partners (TSCP) and Institute for Child Success (ICS), will assess the environment in Washington State to launch a PFS project, including:-
- The short-term and long-term positive impacts that home visiting produces in the lives of children and families.
- The costs to administer home visiting services and the savings that home visiting services generate for the state across health care and education
- Multiple options for scaling home visiting programs
- Legislative, philanthropic, and service provider support for using the PFS tool”
ICS is privileged to work with extraordinary partners on Pay for Success financing, and we look forward to updating you on exciting developments in the future!