“The definition of insanity is doing the same thing over and over again and expecting a different result.” - Albert Einstein Washington State (WA) Department of Children, Youth, and Families (DCYF) Secretary Ross Hunter opened with the quote above at the 2019 National TANF State Directors’ Meeting, Helping Families to Overcome: Partnering to Build a Stronger Society on September 18, [...]

Learn how Third Sector is leading the movement toward better outcomes for communities.

The Nonprofit Finance Fund (NFF) released a report, “Pay for Success: The First 25”. The report provides a deep analysis into the launch, impact, and implications of the first 25 Pay for Success (PFS) projects launched in the US. This report provides a baseline understanding of what goes into every PFS contract while also explaining [...]

The $100 million Social Impact Partnerships to Pay for Results Act (SIPPRA) is a federal funding opportunity to scale outcomes-driven solutions that benefit communities across government funding silos. Round 2 Applications for Feasibility Study will soon be open during Fall this year. 

State and local governments are invited to explore outcomes-oriented readiness through Round 2 funding, which will be used to cover 50% of the cost of a Feasibility Study. Third Sector looks forward to supporting communities and is available to partner with agencies to create an Outcomes Implementation Plan in

Last year a bipartisan congressional effort resulted in a new $100 million fund available to states and local governments seeking funding for exceptional social service programs. The Social Impact Partnerships to Pay for Results Act (SIPPRA) gives governments a new opportunity to take advantage of federal funding to pay for proven outcomes.

On December 13th, the Stanford Social Innovation Review published "Development Impact Bonds: There's Still No Free Lunch" by Kevin Starr. Please read our response below. Dear Kevin, Thank you for starting a conversation on development impact bonds (DIBs), as well as Pay for Success (PFS) more generally. As a practitioner of PFS, I wanted to share [...]