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  • Pay For Success - Investing in What Works: Pay For Success 101

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    nonprofitfinancefund
    136 vues7 pages
    Pay for Success 101 Jitinder Kohli Center for American Progress – Doing What Works

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    Pay for Success - Investing in What Works: Pay for Success 101

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    Pay for Success 101 Jitinder Kohli Center for American Progress – Doing What Works

    Droits d'auteur :

    Attribution Non-Commercial (BY-NC)
    Téléchargez comme PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    136 vues7 pages

    Pay For Success - Investing in What Works: Pay For Success 101

    Transféré par

    nonprofitfinancefund
    Pay for Success 101 Jitinder Kohli Center for American Progress – Doing What Works

    Droits d'auteur :

    Attribution Non-Commercial (BY-NC)
    Téléchargez comme PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    sur 7

    PayforSuccess101

    JitinderKohli CenterforAmericanProgress DoingWhatWorks WhiteHouseConvening October21st 2011

    Traditionalfinancing
    Government agency1 Government agency2 Government agency3 Government agency4

    Helping ex offenders intowork $20m

    Drug treatment program $8m

    Housing support

    Restorative justice

    $14m

    $5m

    Provider

    Provider

    Provider

    Provider

    Provider

    Provider

    Provider

    Provider

    Someissues
    Fundinginputs Hardtoknowwhatisworking Evenhardertoshiftmoneybetweenprograms Bureaucraticreportingandcontrols Effectiveapproachesrarelyscale

    PayforSuccessBonds
    Investorsfunddealmaker Dealmakerpromises returntoinvestorsif successful Investor1 Investor2 Investor3

    Government agency
    Dealmaker promisesto achieve outcome Govtmakes paymentif outcome achieved

    Dealmaker
    Dealmakermanages andfundsproviders Providersworkwith beneficiarypopulation andreportprogressto dealmaker

    Provider1

    Provider2

    Provider3

    Beneficiarypopulation

    Challenges
    Complex Cannotworkforeverything
    Measurability Nonessentialservices Outcomesneedtoflowinsensibletimeframe

    Requirespoliticalcourage
    Flexibilityfordealmaker/providersonthehow Possibilityofprivatesectorreturn Potentiallygettingbeyondsilos

    Advantages
    Allowssuccessfulsocialinnovationstoscale Removesinputcontrolsfromproviders Publicmoneyonlyallocatedtoapproaches thatwork Helpfulinafiscallytightworld Leveragesprivateandphilanthropiccapital

    Veryearlydays
    Butwhatsthepotential? Coulditberelevanttoyourworld? Whatvariationsmightbeneededinyour context?

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