Accelerating America’s transition to a performance-driven social sector. 

Third Sector is a nonprofit advisory firm that collaborates with government, funders and providers to address social needs through Pay for Success and Social Innovation Financing.


Social Innovation Fund – Pay for Success Competition

Third Sector Capital Partners, Inc. has received a three-year, $1.9 million grant award
as part of the Social Innovation Fund’s (SIF) inaugural PFS grant program.

The award will be matched by an equal amount of in-kind and cash match funding from Sub-Recipients and external funders. Third Sector is holding open competitions to select up to 10 Sub-Recipients that will
receive feasibility and technical assistance services to develop a blueprint for the construction of a PFS project.

Application Materials and Resources

Massachusetts Launches Pay for Success Initiative to Reduce Recidivism Among
At-Risk Youth

Third Sector serves as the project intermediary for the Commonwealth’s initiative, the largest Social Innovation Financing to-date. Learn more here.

Third Sector Publications: Massachusetts PFS Initiative Project Brief and
Lessons Learned

Third Sector has published case studies discussing Pay for Success: The Massachusetts PFS Initiative Project Brief and Lessons Learned.

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