$11.2 Million in Pay For Success Funding Now Available!

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From the Director

For too long, governments, foundations and everyday donors have funded programs based on the number of people served or isolated stories of success instead of evidence of actual impact and outcomes on people’s lives. As part of the Obama Administration’s commitment to using taxpayer dollars effectively, along with encouragement from the Congress in the recent appropriations bill, we are thrilled to announce the Social Innovation Fund’s inaugural Pay for Success Grants Competition! The Notice of Funding Availability (NOFA) will be open until July 31, 2014.

Pay for Success (PFS) is an innovative way for governments to partner with philanthropic and private sector investors to create incentives for service providers to deliver better outcomes at a lower cost—producing the highest return on taxpayer investments. The concept is simple: pay providers after they have demonstrated success.

The goal of this competition is to encourage the implementation of PFS strategies to enhance the reach and impact of innovative community-based solutions that have compelling evidence of improving the lives of people in low-income communities. In addition, we hope this competition will help the field become more aware of the conditions in which PFS strategies can scale evidence-based practices, drive better outcomes and achieve greater cost efficiency for preventative social service interventions and services. If you are an organization that is seeking ways to bring new capital and added rigor to the social sector, or if you know one, the PFS grant competition is open and waiting for high quality applicants. Get started!

Michael Smith
Director, Social Innovation Fund
Corporation for National and Community Service

Grantees & Partners in the News

CEO is one of the top four $500,000 winners of the Google Social Impact Challenge! CEO’s expansion in the Bay Area is a result of the Social Innovation Fund, REDF, and the Edna McConnell Clark Foundation.  

Check out the Corporation for Supportive Housing’s toolkit, which includes tools, resources and best practices for the supportive housing industry.  

REDF’s 2014 Social Enterprise Expo video shows how jobs can transform a life. Watch it here. 

MDRC released its first publication on Project Rise, a SIF/CEO-funded program that serves disconnected youth. 

GreenLight Fund is focusing on three high-need issues in Philadelphia – youth exiting prisons, teacher development and retention and early childhood education. Learn more

AIDS United’s report from its Technical Summit on Women, HIV, and Violence proposes a two-pronged strategy to develop best practices to serve women at-risk for and living with HIV who have experienced violence. Read more here.  

KIPP DC and the Urban Alliance Foundation, subgrantees of Venture Philanthropy Partners, are helping graduates after they turn their tassels.  Read VPP’s blog post.  

National Fund for Workforce Solutions is scaling what works through twenty-one partnerships with local key businesses. Learn more.  

Road Notes

Here’s an overview of recent SIF travels to spotlight our grantees, encourage investment in solutions that work and learn and share with pioneering social innovators nationwide.

Michael led a session on “The Social Innovation Fund’s Impact on United Ways” during the United Way’s Community Leaders Conference along with grantees United Way of South East Michigan, Mile High United Way and United Way of Greater Cincinnati. (National Harbor, MD)

Michael joined White House Cabinet Secretary Broderick Johnson in Detroit for a My Brother’s Keeper community listening session and site visit to SIF/LISC grantee SER Metro Detroit. 

Michael spoke about Opportunity Youth and Social Innovation policy at FSG and the Aspen Institute’s “Catalyzing Large Scale Change: The Funder’s Role in Collective Impact” conference with Results for America CEO Michelle Jolin, Forum for Youth Investment CEO Karen Pittman and several grantees and partners, including VPP, Mile High United Way and United Way of Greater Cincinnati/STRIVE. (Aspen, CO)

Michael gave remarks on investing in results and moving from social innovation to social impact at the Social Innovation Summit at the UN in New York, NY. He also had the opportunity to ring the bell at the New York Stock Exchange with social innovators from across the country. Check out the video


Social Innovation Fund in the News

One-on-One Tutoring Helps Students Increase Their Literacy Levels

Reading Partners, a California-based nonprofit that helps struggling elementary school students increase their reading proficiency, was awarded more than $7 million by the Social Innovation Fund and Edna McConnell Clark Foundation and their investment partners to scale its program to elementary schools nationwide.  Check out the blog post by SIF Director Michael Smith on the early results of the evaluation. 

NEW SIF Evaluation Plan (SEP) Guidance Available for the Field Early July

An updated and expanded version of the SEP Guidance will be posted on the SIF website July 8.  This document is an adapted version of the one provided to SIF grantees, sub-grantees, and evaluators containing guidance for developing their own rigorous evaluation plan.  

Highlights from CNCS and the White House

President Obama’s My Brother’s Keeper Federal Taskforce recently issued a comprehensive report on strategic recommendations to the President. Read the report, check out the new video on the effort and respond to President’s Obama’s call to action to become a mentor today!  

CNCS launched a partnership with the U.S. Department of Justice called “justice AmeriCorps” to provide lawyers and paralegals to help unaccompanied immigrant children navigate the courts. 

CNCS is making available up to $30 million in education scholarships to support the expansion of new AmeriCorps opportunities across the nation. Read more here.  

In “Overseeing America’s community service,” Wendy Spencer answers questions about CNCS programs that engage more than 5 million Americans in service and volunteering.

Last month, CNCS announced $205 million in grants to put AmeriCorps members on the ground to tackle critical challenges in communities across the United States. 

Suggested Tweets

Interested in Pay for Success or Social Impact Bonds? The @SIFund has $11.2M in grants. Apply by 7/31. Please RT. http://go.usa.gov/9pv4

New model: payment after proven results. Apply for the @SIFund Pay for Success grant competition by 7/31. http://go.usa.gov/9pv4

Want to learn about community solutions w/ real results? The #SIFund subgrantees is where to start! http://ow.ly/yc0ka   

All kids deserve caring adults. Respond to the President’s call & pledge to be a mentor today! #mybrotherskeeper http://1.usa.gov/1oCugzf

Congrats to #SIFund grantee @NYCOpportunity for being 1 of 4 winners of the $500k Bay Area Impact Challenge! http://bit.ly/1lXyFGx 

New study shows @SIFund / @emclarkfdn / @americorps grantee @ReadingPartners boosts students’ skills! http://bit.ly/1oVfboV