Corporation for National and Community Service

Description

Pay for Success (PFS) is an innovative model that ties funding for an intervention to its impact in the community. PFS offers a way to catalyze philanthropic and private sector investments to deliver better outcomes, enabling government or other Payors (for example, school districts or hospitals) to pay only for outcomes achieved – that is, to pay only for what works. PFS increases investments in effective social interventions by changing the way government allocates and invests its resources. Learn more about Pay for Success at: https://www.whitehouse.gov/sites/default/files/omb/budget/fy2017/assets/fact_sheets/improving-outcomes-through-pay-for-success_0.pdf

Who can apply

• State governments
• County governments
• City or township governments
• Public and State controlled institutions of higher education
• Native American tribal governments (Federally recognized)
• Nonprofits with 501(c)(3) status (other than higher education)
• Private institutions of higher education
• Others

Contact

SIF office
SIFapplication@cns.gov