Using Pay For Success to Improve Youth Outcomes: A Review of Third Sector Capital Partner’s First Cohort of SIF Sub-Recipients
The following post originally appeared on America Forward’s Blog as a guest post.
Less than 10 years ago, the phrase Pay for Success was virtually unknown in most circles—particularly government circles. Though a seemingly simple concept, an approach to contracting for services where payments from governments (or other end-payers interested in supporting the achievement of measurable outcomes related to public programs) are linked to positive outcomes that have been measured and evaluated—Pay for Success is being tested, applied, and replicated at a rapid pace.
Contributing to the interest and uptake of Pay
This article originally appeared on the Living Cities’ blog as a part of their new series which celebrates the five year anniversary of their first PFS project, and shares reflections from them and their partners on new directions in PFS. For updates, follow their Pay for Success Newsletter.
Nearly one in every seven youth and young adults across the United States are neither employed nor in school. Nationwide, this amounts to approximately six million disconnected or “opportunity youth” who face barriers to employment, including limited community resources, low-performing schools, and inadequate assistance from
Data at Scale: Why we’re excited about administrative data and our government partners in the Administrative Data Pilot
The prevalence of data in the social sector means that government agencies and nonprofit providers, in theory, have a wealth of information at their disposal to understand what works and more effectively deploy resources to achieve better outcomes. Administrative data (data collected by governments or nonprofits as part of administering a specific program) in particular provides a cost-effective and accurate way to understand participant outcomes and break the silos between agencies serving similar populations who operate in different policy domains.
The practical reality is that providers and government agencies cannot easily
Third Sector and Stanford are pleased to announce that application materials for the Administrative Data Pilot are now live! The Application Guide, Application Form, and a list of Frequently Asked Questions are now available for interested potential applicants and other parties.
Applications are due February 17th. The project webpage has also been updated with links to these materials.
Don’t forget about the second informational webinar, scheduled for January 18, 2017 at 11:30 AM PST, where Third Sector and Stanford will review the application materials and answer questions from potential applicants. Interested parties may register for the