Education makes up 15% of non-defense discretionary spending and 14% of philanthropic spending, yet, the national high school graduation rate hovers at 85% and the U.S. ranks 38th out of 71 countries in math. Social Finance’s outcomes-based approach—learning from data, scaling effective social service programs, and partnering with public and private stakeholders—can leverage funding more effectively to improve student outcomes. Social Finance’s education work spans from pre-K through high school graduation—all with the mission of furthering personal, professional, and academic outcomes for learners.
How We Help
- Leverage innovative outcomes-based funding models based on actual student success to help states and school districts expand the most effective programming.
- Provide expertise and implementation support for governments and service providers to deploy education programs that create equitable learning opportunities and outcomes for young people.
- Bring public and private capital together to bridge upfront financing gaps, focus investments on proven solutions, and align stakeholders on key outcomes.
Texas Education Agency
Support the Texas Education Agency to align on a best-fit model to scale Math Innovation Zones and remove barriers that districts face in the adoption of a blended learning model, such as upfront hardware and software costs. The project seeks to expand high-fidelity implementation of effective models and improve math outcomes for Texas students.
Strategic Financial Planning for the Bill & Melinda Gates Foundation
Partner with the Bill & Melinda Gates Foundation to understand the financial resources needed to implement Guided Pathways at two-year colleges and reduce barriers to resource allocation. According to The American Association of Community Colleges, the Guided Pathways model is an “integrated, institution-wide approach to student success based on intentionally designed, clear, coherent and structured educational experiences.” Social Finance is also identifying case studies that are helpful models for other institutions and aggregating existing tools to support institutions in funding Guided Pathways.
Community College and Workforce Partnerships with the Ascendium Education Group
Advise the Ascendium Education Group to assess how community colleges in rural areas can partner with workforce entities to elevate equitable opportunities and outcomes for low-income learners. The project will identify strategies for developing workforce partnerships, explore opportunities for sustainable and performance-based funding models, and highlight best practices for rural communities.
Advancing Career and Technical Education through Pay for Success
Work with Jobs for the Future on a first-of-its-kind $2 million grant from the U.S. Department of Education to advance high-quality career and technical education (CTE) programming across the country. The service providers in this grant are: South Bay Community Services in California, NAF in New York, Mahoning County Educational Services Center in Ohio, and Pharr-San Juan-Alamo Independent School District in Texas.
- “New Tools to Amplify Impact: A Pay for Success Guide to Building Nonprofit Capacity,” Social Finance and W.K. Kellogg Foundation
- “Pay for Success in K-12 education: Why it is Hard, and Why We Need to Do it Anyway,” Social Finance
- “How Can School-Based Clinicians Deliver High-Quality Services in a Telemental Health Environment?,” Social Finance
- “Helping Career and Technical Education Programs Meet This Moment,” Social Finance
- “Announcing Winners of the Catalyzing Career & Technical Education Competition,” Social Finance
- See more publications >>
Social Finance’s team is composed of education researchers, practitioners, policymakers, grantmakers, and former educators. Our senior leaders have experience in conducting evaluations in education, founding a university abroad, building domestic charter schools, and investing in postsecondary education. A number of our team members also hold advanced degrees in education and have served as classroom teachers. Learn more >>
If you are interested in learning more about our education work, contact Director Antonia Esposito.