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Social Innovation Fund 2016 Pay for Success Grant Competition

Grants to USA Agencies and Nonprofits to Promote
Innovative Solutions for Low-Income Communities

Agency Type:

Federal

Funding Source:

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Corporation for National and Community Service

Conf. Date:

01/06/16

LOI Date:

01/13/16

Deadline Date:

02/11/16 5:00 PM EST

Description:

Request a Grant Writer

Grants to USA local and State agencies, nonprofits, and IHEs for innovative solutions that have the potential to improve the lives of low-income communities nationwide. January 13 is the deadline to submit an LOI (optional). On January 6 and January 11 overview webinars (optional) will be held.

On January 26 a Question and Answer webinar (optional) will be held.

Pay for Success (PFS) is an innovative model that ties funding for an intervention to its impact in the community. PFS offers a way to catalyze philanthropic and private sector investments to deliver better outcomes, enabling government or other Payors (for example, school districts or hospitals) to pay only for outcomes achieved – that is, to pay only for what works. PFS increases investments in effective social interventions by changing the way government allocates and invests its resources.

The SIF PFS Competition aims to advance and develop emerging models that direct resources toward interventions that produce measurable outcomes. By providing capacity building assistance and funds to support the structuring and enabling of PFS Projects, this competition aims to:

• Increase the ability of service providers and government entities to generate, analyze, and manage data to improve outcomes across diverse issue areas and geographies.
• Increase the number of High-Quality PFS projects (as defined in Appendix III of this Notice) occurring through partnerships between state and local governments and nonprofit organizations.

Ultimately, efforts are intended to:

• Increase knowledge in the social sector about which capacity building and PFS Project-structuring practices increase the likelihood of successful implementation of PFS Projects as well as other evidence-based approaches and related social financing mechanisms.
• Accelerate the development of the field to make it easier to adopt outcomes-focused funding models.
• Attract capital to finance effective solutions to challenges facing low-income communities nationwide and to high-performing organizations that demonstrate the ability to strengthen, grow, and sustain effective solutions for challenges facing low-income communities.

Funding will be provided for Transaction Structuring activities in order to move High-Quality PFS projects from the developmental stage to the implementation stage. Specifically, CNCS will award funds to Recipients to support Subrecipient and Service Recipient activities that structure and enable PFS Projects. These activities may include, but are not limited to the following:

• Provide overall PFS Project coordination and support
• Raise capital and develop capital structure
• Mediate and facilitate agreement between each of the parties to the PFS Project
• Close the PFS Project and prepare for post-closing activities
• Prepare outcome monitoring and data collection, outcome payment scheduling, and delivery of the intervention. This may include activities that require funding for costs related to closing the PFS Project.
• Support “ramp-up” activities

Applicants may propose additional or alternative strategies that further the purposes of the SIF PFS Competition.

GrantWatch ID#:

GrantWatch ID#: 145172

Estimated Total Program Funding:

$10,600,000

Estimated Size of Grant:

$350,000 - $1,800,000 each year.

Term of Contract:

3 years.

Eligibility:

  • Agency of the county or other local government
  • City or township governments
  • County governments
  • Faith-based Organizations
  • Institutions of Higher Education; IHE(s)
  • Local Governments
  • Nonprofits having a 501(c)(3) status with the IRS
  • Private Schools
  • Public and State controlled institutions of higher education
  • See RFP and/or Grant Guidelines for full eligibility
  • Special district governments
  • State governments

Additional Eligibility Criteria:

- Partnerships of the above organizations

Pre-proposal Conference:

The Social Innovation Fund will host Notice Overview webinars and live Questions and Answer sessions for potential grant applicants. All webinars will be recorded. Replay information for each call will be posted following the call.

PFS Notice Overview Webinars*:

January 6, 2016 - 4:00 PM EST
Link: https://www.mymeetings.com/nc/join/
Conference number: PWXW6305626
Audience passcode: 5490243

January 11, 2016 - 4:00 PM EST
Link: https://www.mymeetings.com/nc/join/
Conference number: PWXW6305631
Audience passcode: 5490243

PFS Notice Question and Answer Webinars*:

January 26, 2016 - 4:00 PM EST
Link: https://www.mymeetings.com/nc/join/
Conference number: PWXW6305632
Audience passcode: 5490243

*NOTE: Dial-in information is the same for ALL webinars and there is a 200 line limit on all sessions.
Conference number: 888-917-8042
Participant passcode: 5490243

Pre-Application Information:

Every SIF grant dollar must be matched by the grantee with non-federal dollars and services.

Applicants are encouraged to submit a Notice of Intent to Apply by Wednesday, January 13, 2016, 5:00 PM ET, by completing the survey at this link: http://svy.mk/1U50lLZ.

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

PFSApplication@cns.gov
202-606-3223

CFDA Number:

94.024

URL for Full Text (RFP):

Geographic Focus:

USA: Alabama;   Alaska;   Arizona;   Arkansas;   California;   Colorado;   Connecticut;   Delaware;   Florida;   Georgia;   Hawaii;   Idaho;   Illinois;   Indiana;   Iowa;   Kansas;   Kentucky;   Louisiana;   Maine;   Maryland;   Massachusetts;   Michigan;   Minnesota;   Mississippi;   Missouri;   Montana;   Nebraska;   Nevada;   New Hampshire;   New Jersey;   New Mexico;   New York City;   New York;   North Carolina;   North Dakota;   Ohio;   Oklahoma;   Oregon;   Pennsylvania;   Rhode Island;   South Carolina;   South Dakota;   Tennessee;   Texas;   Utah;   Vermont;   Virginia;   Washington, DC;   Washington;   West Virginia;   Wisconsin;   Wyoming

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