Third Sector News & Updates March 2020

Third Sector News & Updates March 2020Growing the Focus on Outcomes

March 2020
New Cohort to Improve Outcomes for Young Families Begins Work in the Southeastern United States
With the launch of the new Southeastern Cohort on Young Parents and Families, Third Sector is expanding its reach to three new states. This new cohort of state and nonprofit provider agencies in GeorgiaKentucky, and South Carolina will work to improve stability and economic self-sufficiency outcomes for young parents and their families. Cohort members will receive technical assistance, peer-to-peer learning opportunities, and project support that will identify strategies to better support young parents and their families and to bring systems-level recommendations for family support to the field. This work builds on Third Sector’s workforce, health, and parent-centered projects, which to date have supported over 60 communities across the country to realign over $800M in resources towards achieving positive outcomes for individuals and families.
CEO Caroline Whistler Named San Francisco Business Times 40 Under 40
Congratulations to Caroline Whistler for being honored in San Francisco Business Times’ 40 Under 40 Class of 2020! Since co-founding Third Sector in 2010 when she was 24, Caroline has been recognized for launching nine of the nation’s most promising Pay for Success projects, growing the organization from 2 to 53 staff members, raising more than $15M in philanthropic capital, and leveraging more than $50M in impact investments to support government outcomes-contracts. Caroline’s leadership has brought Third Sector to partner with over 60 communities and transition more than $800M in public funding to programs that measurably improve over 25,000 lives to date. Congratulations Caroline!
Envisioning a Future for Pay for Success in Higher Education
After six months of training and technical assistance supporting four state and system partners in exploring Pay for Success (PFS) through the PFS in Higher Education Cohort, it is clear there is an immediate opportunity to leverage PFS in higher education. As a result of the cohort, two states, Colorado and Ohio, are actively building toward PFS projects. Furthermore, engagement with college access and success providers and potential project funders surfaced interest, availability, and readiness to participate in PFS contracts. Read our recent blog to learn about the results and lessons that came out of the cohort’s work funded by The Kresge Foundation throughout 2019 and view a Cohort Project Summary.
Sign up Now to Join the Learning Community on Innovative Workforce Development Solutions
Middle-wage jobs are often just out of reach for low-wage workers, and the systems in place to help people gain relevant education and seek these positions are often disjointed or difficult to access. Members of the Better Careers Design Group Learning Community will build their capacity to co-create solutions with their communities, connect with fellow workforce development innovators, and reflect on how their workforce development systems help people find well-paying jobs. Sign up to join the Learning Community of the Better Careers Design Group by March 31st for an invitation to the first of six quarterly online Learning Community sessions in April. Learning Community members may also win the chance to attend two of the Design Group’s exclusive workshops!

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