Round 2: FY 2016 Social Innovation Fund Pay for Success Cooperative Agreement

The summary for the Round 2: FY 2016 Social Innovation Fund Pay for Success Cooperative Agreement grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Corporation for National and Community Service, which is the U.S. government agency offering this grant.
Round 2: FY 2016 Social Innovation Fund Pay for Success Cooperative Agreement: 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. Learn more about Pay for Success at: https://www.whitehouse.gov/sites/default/files/omb/budget/fy2017/assets/fact_sheets/improving-outcomes-through-pay-for-success_0.pdf
Federal Grant Title: Round 2: FY 2016 Social Innovation Fund Pay for Success Cooperative Agreement
Federal Agency Name: Corporation for National and Community Service (CNCS)
Grant Categories: Health Other
Type of Opportunity: Discretionary
Funding Opportunity Number: CNCS-08-09-2016
Type of Funding: Grant
CFDA Numbers: 94.024
CFDA Descriptions: Information not provided
Current Application Deadline: September 20th, 2016
Original Application Deadline: September 20th, 2016
Posted Date: August 9th, 2016
Creation Date: August 9th, 2016
Archive Date: October 20th, 2016
Total Program Funding:
Maximum Federal Grant Award: $7,300,000
Minimum Federal Grant Award: $350,000
Expected Number of Awards: 4
Cost Sharing or Matching: Yes
Last Updated: August 9th, 2016
Category Explanation
Economic Opportunity Youth Development
Applicants Eligible for this Grant
State governments - County governments - City or township governments - Public and State controlled institutions of higher education - Native American tribal governments (Federally recognized) - Nonprofits having a 501 (c) (3) status with the IRS, other than institutions of higher education - Private institutions of higher education - Others (see text field entitled "Additional Information on Eligibility" for clarification.)
Additional Information on Eligibility
Faith based organizations
Link to Full Grant Announcement
Information not provided
Grant Announcement Contact
SIF office
SIF Office
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