“A new way to fund what works by bringing communities together to scale what works, pay for success can help improve the lives of people in need ... Pay for success (PFS) is an innovative financing mechanism that shifts financial risk from a traditional funder-usually government-to a new investor, who provides up-front capital to scale an evidence-based social program to improve outcomes for a vulnerable population. If an independent evaluation shows that the program achieved agreed-upon outcomes, then the investment is repaid by the traditional funder. If not, the investor takes the loss." Points of entry are: Get Started; Library; Events; Blog; FAQS; and Ask an Expert.
Accession Number
029536
Publication Year
2017