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Ready Nation Early Childhood Social Impact Conference Case Study Session. March 28, 2014. Who We Are - Third Sector Capital Partners, Inc.
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Ready Nation Early Childhood Social Impact ConferenceCase Study Session March 28, 2014
Who We Are - Third Sector Capital Partners, Inc. • A nonprofit advisory firm with the mission to accelerate America’s transition to a performance-driven social sector. We work with government, service providers, and investors to develop and implement PFS projects. • Focused on creating customized Pay for Success (PFS) and Social Innovation Financing (SIF) solutions such as Social Impact Bonds (SIBs). • Two offices in Boston, MA and San Francisco, CA serve an expanding national space for PFS and SIF’s
PFS National Activity • DEVELOPING PROJECTS • Requests for Information/Requests for Proposals (RFI/RFPs) • South Carolina • Washington, DC • Denver, Colorado • Colorado • Illinois • Michigan • Minnesota • Washington State • Government Action • Connecticut • Los Angeles County, CA • ACTIVE PROJECTS • Cuyahoga County, OH – Family Homelessness & Foster Care • Massachusetts – Juvenile Justice & Chronic Homelessness • New York –Justice & Workforce Development • New York City – Juvenile Justice • Santa Clara County, CA – Chronic Homelessness & Mental Health • Salt Lake City, Utah – Early Education • FEDERAL INTEREST • Federal Treasury Department RFI • Social Innovation Fund • Department of Labor • Department of Justice
PFS Capital Flow $ $ $
Case Study: The PFS/SIF Challenge • The State of Inertia Problem and Challenge • Break out sessions to evaluate Challenging questions and make Recommendations • Four Teams Accept Challenge • Administration and Finance Department of State • The Hard Truth, Social Services Provider • CMO Investment Bank • BigRich Foundation • Reconvene for 2 to 5 minute Recommendations to Audience on Structure and Addressing Problem • What really Happened? • Takeaways for Future for State teams in their own PFS/SIB Projects