The Impact on Service Providers: Opportunities and Challenges of PFS/SIB Participation

This recording was made of a live event on 7/28/2011. Go to http://nffsib.org or http://payforsuccess.org for resources and upcoming events!
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In our last webinar on Pay for Success projects and Social Impact Bonds (PFS/SIB), "First Mover States, What are They Doing and Why?", spokesmen from Massachusetts and Minnesota described their states' approaches to investigating and piloting potential PFS/SIB projects. These two states are taking different approaches to engaging state government and investors. However, one thing they clearly have in common is that their success will depend on the participation of high-performing service providers with a track record of successfully executing and measuring evidence-based programs.

To date, the public dialog on PFS/SIB has provided little opportunity for the service provider voice to be heard. In the July 28th webinar, leaders of three high-performing U.S.-based nonprofit organizations representing diverse social missions and service territories will share their thoughts on the opportunities and challenges of participating in PFS/SIB projects. Each will discuss their views on:

the resources, capacities and skills providers will need in order to participate successfully in PFS/SIB
the potential opportunities and benefits PFS/SIB can have for service providers and the constituencies they serve
risks and other obstacles they may face in participating in PFS/SIB
any recommendations for service providers who may be interested in investigating PFS/SIB

Panelists

Deborah DeSantis, President and CEO, Corporation for Supportive Housing: The Corporation for Supportive Housing (CSH) helps communities create permanent housing with services to prevent and end homelessness. CSH delivers its core services in Washington, D.C. and in eleven states: California, Connecticut, Illinois, Indiana, Michigan, Minnesota, New Jersey, New York, Ohio, Rhode Island and Texas.

Jeff Edmondson, President, Strive: Serving Greater Cincinnati, Strive is focused on the success of children: every child, every step, from cradle to career. Strive unites common providers around shared issues, goals, measurements and results, and then actively supports and strengthens strategies that work.

Dorothy Stoneman, YouthBuild USA: YouthBuild is a youth and community development program that simultaneously addresses core issues facing low-income communities: housing, education, employment, crime prevention, and leadership development. There are YouthBuild programs in 45 states, Washington, DC, and the Virgin Islands.

Category:

Nonprofits & Activism

Tags:

• pay for success
• social impact bonds
• service provider
• nonprofit
• social impact bond
• pay-for-success
• impact investing
• human capital performance bond
• nonprofit finance