2016 Social Innovation Fund Pay For Success …...SIF Pay for Success Objectives Overall goal:...
Transcript of 2016 Social Innovation Fund Pay For Success …...SIF Pay for Success Objectives Overall goal:...
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2016 Social Innovation FundPay For Success Competition
Reviewer Orientation I: Intro to CNCS and SIF
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Today’s Webinar Objectives
• Introduction to Corporation for National and Community Service
• Introduction to the Social Innovation Fund
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The Corporation for National & Community Service
• Dedicated to improving lives and strengthening
communities by fostering civic engagement
through service and volunteering, and identifying
and scaling effective solutions to community
challenges
• Engages more than five million Americans
annually in service to their communities through
programs such as Senior Corps and AmeriCorps
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About SIF
Find what works, make it work for more people.
The SIF combines public and private resources to grow the impact of innovative, community-based
solutions that have compelling evidence of improving the lives of people in low-income
communities throughout the US.
$295 million to 43 grantees
Nearly $600 million dollars in match investment to 328 Subs
Impacting more than 625,000 individuals
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SIF: Driving Innovation at the Community Level
The SIF can use up to 20% of grant funds to PFS: Advancing and developing emerging models that direct resources toward
interventions that produce measurable outcomes.
SIF Classic Program SIF Pay for Success Program
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Objectives of the Social Innovation Fund
• SIF Classic
• SIF Pay for Success
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SIF Classic Objectives
Overall goal: Empower organizations to identify and support sustainable solutions making a
significant impact in transforming communities.
Support community-based organizations in identifying solutions that will help achieve faster, more lasting progress.
Direct federal resources to efforts that have evidence of impact.
Combine public and private resources to grow the impact of innovative, community-based solutions.
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SIF Pay for Success Objectives
Overall goal: Better understand how PFS models can scale evidence-based practices, drive better
outcomes, and achieve greater cost efficiency for social interventions.
Increase ability to generate, manage data to improve outcomes.
Increase the number of High-Quality PFS projects.
Increase knowledge about which practices increase the likelihood of successful implementation of PFS Projects.
Accelerate the development of the PFS field.
Attract capital to finance solutions to challenges facing low-income communities nationwide.
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Our Approach to the PFS Program
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Innovation
Evidence
Recipients
Scale
Match
Knowledge Sharing
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SIF Classic and SIF PFS: Three Focus Areas
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Youth Development
Economic Opportunity
Healthy Futures
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Youth Development
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Preparing America’s youth for success in school, active citizenship, productive work, and healthy and safe lives
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Economic Opportunity
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Increasing economic opportunities for economically disadvantaged individuals
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Healthy Futures
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Promoting healthy lifestyles and reducing the risk factors that can lead to illness
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Examples of SIF Programs
• SIF Classic
• SIF Pay for Success
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SIF Grantees – Classic Program
• Boston Foundation
• AIDS United
• Green Light Fund
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SIF Grantees – Pay for Success Program
• Corporation for Supportive Housing
• Green & Healthy Homes Initiative
• Nonprofit Finance Fund
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Thank you!
• Next Steps:
–Confirm Completion of Orientation I – email Secret Word to [email protected]
–Reviewer Orientation II: What Is Pay for Success?
–Reviewer Orientation III: PFS Competition & Selection Criteria
–PFS Additional Resources: www.nationalservice.gov/sif
–Ensure time built in for review, February 25-March 10