Commitment to Action

Early Childhood Education Pay for Success Toolkit

Commitment by

Urban Institute

In 2015, the Urban Institute, along with its partners, committed to develop a toolkit to make future Pay For Success (PFS) deals around early childhood more standardized and transparent for government, providers, and investors. The toolkit will be a guide for stakeholders (especially state and local government officials) to use research and evidence to answer questions likely to arise when exploring a PFS project. The toolkit will be developed with the ‘end users’ in mind and will be as practical as possible, while still grounded in the best available research. This commitment concept was conceived at the 2015 CGI America meeting and brings together PFS stakeholders from a variety of perspectives to develop a toolkit that reflects the needs of the field. This is the first concerted effort to develop a practical toolkit for communities who want to use PFS to scale up an evidence-based early childhood intervention.

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Overview
Summary

Commitment

Early Childhood Education Pay for Success Toolkit

Launched

2015

Est. Duration

1 year

Estimated Total Value

$150,000

Region

Northern America

Countries

United States

Commitment by

Urban Institute

Partner(s) of the Commitment Maker(s)

Social Finance, Inc., AARP, Enterprise Community Partners, The Reinvestment Fund, Third Sector Capital Partners, Salt Lake City, Utah, Bank of America Corporation, Nonprofit Finance Fund, Institute for Child Success