SIF Pay for Success

 
The 2016 Social Innovation Fund (SIF) Pay for Success (PFS) Grants Competition will provide up to $10.6 million in grants to eligible nonprofit organizations, including   public or non-profit universities, faith-based organizations, and state and local governments (and other political subdivisions) seeking to advance and evaluate emerging models that align payment for social services with verified social outcomes. Consistent with the broader mission of the SIF, the PFS Competition intends to encourage the implementation of PFS projects in order to enhance the reach and impact of innovative community-based solutions in low-income communities.
 
Pay for Success offers innovative ways of partnering with philanthropic and private sector investors to create incentives for service providers to deliver better outcomes at lower cost—producing the highest return on taxpayer investments. The concept is simple: pay providers after they have demonstrated success, not based on the promise of success. Pay for Success financing is a mechanism for increasing investments in effective social interventions by changing the way government allocates and invests its resources – focusing on results and outcomes. This grant competition seeks to idenitfy situations in which the Pay for Success model will be most effective. Overall, this will aid in advancing the emerging models that align payment for social services with verified social outcomes. Learn more about Pay for Success at: http://www.whitehouse.gov/omb/factsheet/paying-for-success.
 
As part of the 2016 SIF PFS Competition, each grantee will be awarded between $350,000 and $1,800,000 each year over the three year project period. Every SIF grant dollar must be matched by the grantee with nonfederal dollars and services. 
 

Application Deadline

NOTICE OF INTENT TO APPLY DEADLINE: Applicants are encouraged to send a Notice of Intent to Apply by Wednesday, January 13, 2016.
 
APPLICATION DEADLINE: Applications must be received by 5:00 p.m. EST, Thursday, February 11, 2016. Successful applicants will be notified by April 2016. 
 

Funding Announcement and Application Instructions

Applicants must read the Notice of Funding Availability (Notice) and the Application Instructions to understand the requirements and how to complete an application.
 

 Resources for Applicants

Frequently Asked Questions

Frequently Asked Questions will be compiled and regularly updated. You will find the link to the questions here when they are available.
 

Webinar/Conference Call Schedule

The Social Innovation Fund will host Notice Overview webinars and live Questions and Answer sessions for potential grant applicants. All webinars will be recorded. Replay information for overview webinars will be posted following the call.
 
PFS Notice Overview Webinars*:
 
December 15, 2015 - 4:00 p.m. EST
Link: https://www.mymeetings.com/nc/join/
Conference number: PWXW6305617
Audience passcode: 5490243
 
January 6, 2016 - 4:00 p.m. EST
Link: https://www.mymeetings.com/nc/join/
Conference number: PWXW6305626
Audience passcode: 5490243
 
January 11, 2016 - 4:00 p.m. EST
Link: https://www.mymeetings.com/nc/join/
Conference number: PWXW6305631
Audience passcode: 5490243
 
PFS Notice Question and Answer Webinars*:
 
December 22, 2015 - 4:00 p.m. EST
Link: https://www.mymeetings.com/nc/join/
Conference number: PWXW6305629
Audience passcode: 5490243
 
January 26, 2016 - 4:00 p.m. EST
Conference number: PWXW6305632
Audience passcode: 5490243
 
*NOTE: Dial-in information is the same for ALL webinars.
Conference number: 888-917-8042 
Participant passcode: 5490243 
 

NOFA Outreach Toolkit

Review the SIF PFS Notice Outreach Toolkit to help spread the word. The toolkit includes a PFS fact sheet, FAQs, sample newsletter text, sample tweets, links to useful websites and webinar schedules. The kit will help you to:
  • Promote the PFS competition to your affiliates via your organization’s newsletter or e-blast
  • Encourage qualified members of your network to apply
  • Tweet about the competition
  • Write a blog post on your organization’s website or another venue explaining why you think this is an important funding opportunity for the field
  • Posting the funding opportunity on your organization’s website during the duration of the competition
  • Encourage your network to participate in the PFS Notice Webinars

 

Further information

Status
Closed
CFDA number
94.024
Contact Email
PFSApplication@cns.gov