Social Innovation Fund Pay for Success

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.

Agency - Corporation for National and Community Service

The Corporation for National and Community Service is the nation's largest grant-maker supporting service and volunteering. Through Senior Corps, AmeriCorps and Learn and Serve America programs, the Corporation is a catalyst for change and offers every American a chance to contribute through service and volunteering.




Selected Recipients for this Program


RecipientAmount Start DateEnd Date
Green & Healthy Homes Initiative, Inc. $ 1,778,785   2016-12-122019-12-11
Corporation For Supportive Housing $ 1,142,061   2016-12-122019-12-11
Social Finance Inc $ 1,444,724   2016-12-122019-12-11
Third Sector Capital Partners, Inc. $ 2,400,000   2016-12-122019-12-11
Third Sector Capital Partners, Inc. $ 576,865   2016-10-012019-09-30
University Of Utah, The $ 1,500,000   2016-10-012019-09-30
Leland Stanford Junior University, The $ 922,893   2016-10-012019-09-30
Urban Institute,the $ 750,000   2016-10-012019-09-30
Social Finance Inc $ 667,893   2016-09-272019-09-26
University Of Utah, The $ 1,932,428   2016-09-272019-09-26



Program Accomplishments

Not Applicable.

Uses and Use Restrictions

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.

Restrictions on use of funds are described in program s Notice of Funding Availability/Opportunity.

Use of funds must be consistent with funded application, and are subject to the Corporation for National and Community Service s grants administration laws, regulations and policies.

Eligibility Requirements

Applicant Eligibility

See program s Notice of Funding Availability/Opportunity.

Beneficiary Eligibility

See program s Notice of Funding Availability/Opportunity.

Credentials/Documentation

Various records and forms are required for first time applicants, as well as a copy of last audit may be requested. First time applicants must certify financial systems. OMB Circular No. A-87 applies to this program.

Aplication and Award Process

Preapplication Coordination

Preapplication coordination is not applicable.

Environmental impact information is not required for this program.

This program is excluded from coverage under E.O.

12372.

Application Procedures

OMB Circular No. A-102 applies to this program. OMB Circular No. A-110 applies to this program. See program s Notice of Funding Availability/Opportunity and application instructions for information on other application procedures.

Award Procedures

See program s Notice of Funding Availability/Opportunity and application instructions for information on award procedures.

Deadlines

Jun 25, 2014 to Aug 04, 2014

Authorization

National and Community Service Act of 1990, as amended 42 U.S.C. 12653k, Public Law 113-113-76, 123 Stat. 1565-1571 , 42 U.S.C 12653k.

Range of Approval/Disapproval Time

From 60 to 90 days. See program s Notice of Funding Availability/Opportunity.

Appeals

From 60 to 90 days.

Renewals

See program s Notice of Funding Availability/Opportunity.

Assistance Considerations

Formula and Matching Requirements

This program has no statutory formula.
Matching Requirements: Percent: 100.%. See program s Notice of Funding Availability/Opportunity.
This program does not have MOE requirements. See program s Notice of Funding Availability/Opportunity.

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. Method of awarding/releasing assistance: lump sum.

Post Assistance Requirements

Reports

No program reports are required.

Cash management reports are required.

The Corporation for National and Community Service uses the US HHS Payment Management System for payments and cash management reporting.

Progress reporting requirements are described in the awarded grant terms and conditions or provisions.

The Corporation for National and Community Service collects Federal Financial Reports (FFR).

FFRs are collected electronically by the HHS Payment Management System for the Corporation for National and Community Service.

The Corporation for National and Community Service and its grant recipients are required to practice risk-based monitoring and routine field and desk-based oversight of all grant awards and expenditures.

Audits

In accordance with the provisions of OMB Circular No. A-133 (Revised, June 27, 2003), "Audits of States, Local Governments, and Non-Profit Organizations," nonfederal entities that expend financial assistance of $500,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Nonfederal entities that expend less than $500,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in Circular No. A-133. Corporation for National and Community Service grants are subject to audit by Corporation for National and Community Service employees, the CNCS Inspector General, the Government Accountability Office, and auditors contracted by the CNCS.

Records

Grant recipients must maintain all grant financial and program records for a period of three years from date of submission of the final Federal Financial Report for the award. This includes but is not limited to all financial records including receipts, disbursements, and vouchers for Federal and nonfederal costs, timecards, copies of all contracts, personnel records, and job descriptions, program execution and performance records, criminal history checks, and similar records to reflect all activities and spending performed under the award.

Note that all individuals receiving a salary, living allowance, stipend, National Trust Education Award or similar compensation through a national service program funded by the Corporation for National and Community Service must first clear a National Service Criminal History Check and check records must be maintained within grant records.

Financial Information

Account Identification

95-2728-1-4-000.

Obigations

(Project Grants) FY 13 $0; FY 14 est $12; and FY 15 Estimate Not Available - 2014 funding will be used over a three year period.

Range and Average of Financial Assistance

See program s Notice of Funding Availability / Opportunity for matching information.

Regulations, Guidelines, and Literature

For information on literature, please see program"s Notice of Funding Availability/Opportunity.

Information Contacts

Regional or Local Office

None.

Headquarters Office

Michael Smith Corporation for National and Community Service
Social Innovation Fund
Suite 9603
1201 New York Avenue, NW
Washington, DC 20525, Washington , District of Columbia 20525 Email: msmith@cns.gov Phone: 202-606-6787

Criteria for Selecting Proposals

Proposal selection criteria are described in the program Notice of Funding Availability or Opportunity.



Social Entrepreneurship
Spotlight



Childcare Charitable Group Named Top Social Enterprise


Childcare Charitable Group Named Top Social Enterprise

Employers For Childcare Charitable Group (EFCG), a Lisburn-based charity, has been crowned top Social Enterprise at the Ulster Final of 2014’s Ulster Bank Business Achievers Awards. EFCG seeks to “make it easier for parents with dependent children to get into work and to stay in work.”




Jobs in the Social Sector

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Edited by: Michael Saunders

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