![man in a construction uniform](https://socialfinance.org/wp-content/uploads/2016/07/Screen-Shot-2023-01-20-at-3.13.37-PM-1000x655.png")
Social Impact Bonds: The Early Years
This paper outlines the history of SIBs, highlights how they have developed so far, and speculates what the future holds.
Insights
![Happy multiracial elementary school students sitting at desk in](https://socialfinance.org/wp-content/uploads/2022/11/AdobeStock_504130021-scaled-e1668632160982-1000x1000.jpeg")
A New Public Finance Tool to Help the Most Vulnerable
Read CEO Tracy Palandjian's op-ed with David Gergen about Pay for Success projects in South Carolina and Connecticut.
![Image of the White House](https://socialfinance.org/wp-content/uploads/2022/11/pexels-aaron-kittredge-129112-1000x750.jpg")
‘Government Only Pays for the Positive Outcomes.’ A Strikingly New Approach to Social Problems
This Washington Post article describes PFS and how the model is being used in Connecticut, South Carolina, and Colorado to improve social outcomes.
![The North Portico of the White House in Washington, D.C.](https://socialfinance.org/wp-content/uploads/2022/11/AdobeStock_19789891-1000x664.jpeg")
After Pay for Success: Doubling Down on What Works
This Stanford Social Innovation Review article discusses how the federal government, state governments, the philanthropic sector, and evaluators should combine their efforts to aid in the transition from PFS to performance-based contracts.
![Group of People Enjoying Music Concert](https://socialfinance.org/wp-content/uploads/2015/08/pexels-leah-kelley-325521-1000x667.jpg")
Response to “The Payoff of Pay for Success”
Tracy Palandjian and Jeff Shumway respond to V. Kasturi Rangan and Lisa Chase's SSIR cover article on the future of Pay for Success.
![Philadelphia downtown](https://socialfinance.org/wp-content/uploads/2015/07/pexels-lavdrim-mustafi-14088588-1000x667.jpg")
Roadmap for Pay for Success in Philadelphia
Working with the office of Philadelphia Mayor Michael Nutter, Social Finance explored the feasibility of improving recidivism and child welfare outcomes through a Pay for Success transaction.
![Cradle to Career Collective Impact](https://socialfinance.org/wp-content/uploads/2015/07/Screen-Shot-2022-11-28-at-4.08.06-PM-1000x614.png")
Collective Impact + Pay for Success
Jeff Edmondson of StriveTogether and Social Finance's Jeff Shumway collaborated to write this short piece on the potential of combining Collective Impact and Pay for Success.
![Woman in a meeting Sitting in Front on Brown Wooden Table](https://socialfinance.org/wp-content/uploads/2015/04/pexels-christina-morillo-1181401-1000x668.jpg")
Building a Better Workforce
This paper presents recommendations to help state governments utilize the funding from this legislation to support citizens in finding and keeping high-quality jobs. In addition, there is advice on how to design a framework to…
![Veteran Homecoming](https://socialfinance.org/wp-content/uploads/2015/02/Screen-Shot-2022-12-20-at-1.45.26-PM-1000x690.png")
Improving Outcomes for Veterans
Bank of America partnered with Social Finance to conduct a feasibility study that identified potential Pay for Success (PFS) projects to serve veterans.