Social Innovation Fund Pay for Success
Active
- Assistance listing
- 94.024
- Grant awards
- 20 $26,901,112 in federal obligations
Program facts
- Also known as
- Pay for Success
- Assistance type
-
- Project Grant
- Eligible applicants
-
- Other public institution/organization
- State
- Federally Recognized lndian Tribal Governments
- U.S. Territories and possessions
- Private nonprofit institution/organization (includes institutions of higher education and hospitals)
- Local (includes State-designated lndian Tribes, excludes institutions of higher education and hospitals
- State (includes District of Columbia, public institutions of higher education and hospitals)
- Public nonprofit institution/organization (includes institutions of higher education and hospitals)
- Beneficiaries
-
- Minority group
- Individual/Family
- Federally Recognized Indian Tribal Governments
- Public nonprofit institution/organization
- Local
- Specialized group (e.g. health professionals, students, veterans)
- U.S. Territories
- Treasury account
-
- 95-2728-1-4-000
- More information
Program details come from SAM.gov Assistance Listings. Updated . Grant award figures come from USAspending.gov.
About this program
The Corporation for National and Community Service (CNCS) is funding technical assistance, data readiness support, and outcomes-based contracting infrastructure for Pay for Success (PFS) projects addressing youth development, economic opportunity, and healthy futures in low-income communities under Assistance Listing 94.024, with the most recent grant awards issued in December 2016.
Program activity has stalled since late 2016. Twenty Project Grants totaling $26.9 million in federal dollars obligated (with $64.9 million in combined federal and non-federal funding) were awarded between 2014 and 2016, with 12 awards in 2016 and 8 in 2014. No subsequent grant awards appear in the portfolio. The most recent grant opportunity (FY 2016 Social Innovation Fund Pay for Success Cooperative Agreement, CNCS-12-09-15) closed on February 11, 2016; no current solicitation is evident in the source.
CNCS Office of Grants Management dominated funding, awarding 15 grants totaling $21.7 million in federal dollars, while the parent CNCS entity awarded 5 grants totaling $5.2 million. All 20 awards were Project Grants. Funded activities center on technical assistance contracts that help state and local governments structure outcomes-based contracts, conduct data integration and analytics, and build capacity for PFS implementation. Representative recent awards include Harvard Kennedy School's Government Performance Lab ($4.3 million, June 2016) providing transaction structuring services to five jurisdictions; Social Finance Inc. ($2.46 million, December 2016) launching "Outcomes Rate Cards" as a contracting methodology; and Third Sector Capital Partners ($3.65 million, December 2016) supporting five youth development performance hubs with data readiness and PFS developmental support. Non-federal match contributions were substantial—the source documents examples including University of Washington's $2.6 million commitment to a child welfare project and multiple foundation commitments ranging from $175 thousand to $2.4 million per award.
Eligibility under the FY 2016 opportunity extended to county and city governments, state governments, federally recognized and unrecognized tribal organizations, private higher education institutions, and 501(c)(3) nonprofits. The program does not offer an appeals process, and grant records must be maintained for three years from final Federal Financial Report submission.
Objective and description
- Objective
The Pay for Success program aims to increase investments in effective social interventions by changing the way government allocates and invests its resources-focusing on results and outcomes. The Pay for Success Grant Competition seeks to encourage the implementation of Pay for Success strategies in order 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.
Eligibility
- Applicant eligibility
See program's Notice of Federal Funding.
- Beneficiary eligibility
See program's Notice of Federal Funding.
- Credentials and documentation
Various records and forms required for first time applicants, as well as a copy of the applicant's last audit, may be requested. First time applicants must certify financial systems.
- Uses of assistance
Grant funding can be used to advance and test emerging Pay for Success models, which are often structured to align government or private sector payments for social services with verified social outcomes. Awards should be used in areas aligned with Social Innovation Fund's priorities: Youth Development, Economic Opportunity, and Healthy Futures.
- Length and time phasing of assistance
Assistance is usually awarded for project periods of three or more years; funding must be obligated during the award project period and liquidated by the end of the closeout period.
How to apply
- Application procedure
See program's Notice of Federal Funding and application instructions for information on other application procedures.
- Criteria for selecting proposals
Proposal selection criteria are described in the program's Notice of Federal Funding.
- Award procedure
See program's Notice of Federal Funding and application instructions for information on award procedures.
- Time to approval or disapproval
See program's Notice of Federal Funding.
- Renewals
See program's Notice of Federal Funding.
- Appeals
CNCS does not offer an appeals process.
Grant opportunities
| Opportunity | Status | Posted | Applications due |
|---|---|---|---|
| FY 2016 Social Innovation Fund Pay for Success Cooperative Agreement | Closed |
Grant awards
Latest 10 of 20 listed here. See the rest on GovTribe.
Top recipients by federal obligations
| Rank | Recipient | Federal obligations | Share |
|---|---|---|---|
| 1 | Nonprofit Finance Fund | $5,365,139 | 20% |
| 2 | President And Fellows Of Harvard College | $4,098,705 | 15% |
| 3 | University Of Utah | $3,656,205 | 14% |
| 4 | Third Sector Capital Partners, Inc. | $3,519,793 | 13% |
| 5 | Green & Healthy Homes Initiative Inc. | $2,674,819 | 10% |
| 6 | Corporation For Supportive Housing | $1,446,416 | 5% |
| 7 | Institute For Child Success Inc. | $1,393,113 | 5% |
| 8 | Social Finance, Inc. | $1,335,456 | 5% |
| 9 | Local Initiatives Support Corporation | $1,009,062 | 4% |
| 10 | The Leland Stanford Junior University | $922,893 | 3% |
10 of 12 recipients listed here. See the rest on GovTribe.
Federal obligations by fiscal year
| Fiscal year | Federal obligations |
|---|---|
| FY2020 | -$3,622,226 |
| FY2019 | -$549,383 |
| FY2018 | -$312,529 |
| FY2017 | $6,765,570 |
| FY2016 | $12,834,475 |
| FY2015 | $2,399,813 |
| FY2014 | $12,000,000 |
Quick answers
What is Assistance Listing 94.024?
Assistance Listing 94.024 is Social Innovation Fund Pay for Success, a federal grant program run by Corporation for National and Community Service.
What is the CFDA number for Social Innovation Fund Pay for Success?
Its CFDA number is 94.024: Assistance Listing numbers were called CFDA numbers before 2018.
How much funding has Assistance Listing 94.024 awarded?
20 grant awards under 94.024 have obligated $26,901,112 in federal funds to 12 recipients.
Who receives the most funding from 94.024?
The recipients obligated the most under Social Innovation Fund Pay for Success are Nonprofit Finance Fund ($5,365,139), President And Fellows Of Harvard College ($4,098,705) and University Of Utah ($3,656,205).
Are there open grant opportunities under 94.024?
No opportunity listed under 94.024 is open now. The latest, FY 2016 Social Innovation Fund Pay for Success Cooperative Agreement, was posted on December 9, 2015.
On GovTribe
See this program's full record
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