Social Impact Bonds

The Pay for Success (PFS) approach to driving resources to, and better outcomes from, social programs has been covered a lot on this blog. New Profit is a strong supporter of the PFS movement through our investment in the Massachusetts Juvenile Justice Pay for Success Initiative (MAPFS) and America Forward's advocacy efforts to build bipartisan support for the approach among policymakers. Recently, a number of pieces in the

The following statement is from America Forward, the nonpartisan policy arm of New Profit.  “On Wednesday, July 8, 2015, the U.S. House of Representatives passed H.R. 5, the Student Success Act, legislation to reauthorize the Elementary and Secondary Education Act (ESEA). America Forward is grateful that the House has made an important step in advancing ESEA reauthorization this year. In particular, we commend

The following statement is from America Forward, New Profit's nonpartisan policy arm. America Forward applauds those members of Congress who are leading on the effort to initiate, replicate, and expand Pay for Success and the use of evidence and outcomes when making federal policy and budget decisions. In particular, we commend those Representatives and Senators who are co-sponsoring the Social

The following post is by Nicole Truhe, Government Affairs Director at America Forward.  The Pay for Success (PFS) movement is growing, thanks to committed social innovators who are looking to shake up the status quo, build dynamic cross-sector partnerships, and drive resources to higher-impact social solutions. As I noted in a recent blog post, policymakers in Washington are becoming more

The following post was written by Nicole Truhe, America Forward's Director of Government Affairs.  America Forward, New Profit's policy arm, recently brought together almost 60 organizations and thought leaders interested in the growing Pay for Success movement to provide an update on current federal legislative activity and discuss prospects for growth during this Congressional session. The cross-sector Pay for Success approach has the

It has been a busy couple of weeks for New Profit's policy arm, America Forward, which advocates for innovative public policy that leads to better outcomes and more efficient use of resources. Above photo: Youth workers from Roca, a New Profit grantee dedicated to reducing recidivism, speak with a young program participant. Last week, America Forward was deeply engaged as the U.S. Senate Health, Education, Labor