Third Sector Capital Partners, Inc.
For General Operating Support
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Amount$100,000
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Program
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Date Awarded7/15/2014
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Term12.0 Months
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Type of SupportGeneral Support/Organization
Strategies
Overview
Third Sector Capital Partners (TSCP) was founded to support the development of the pay-for-success financing market for social benefit programs. TSCP serves nonprofits and government agencies working to implement a social impact bond or similar financing mechanism. In 2012, TSCP was the first intermediary in the country to successfully implement a pay for success contract; it was in Massachusetts with nonprofit partner ROCA, Inc. focused on reducing the rates of juvenile recidivism. Since then, TSCP has 8 other projects in development, of which 5 are under negotiation. TSCP has gained recognition as a strong thought leader and implementer in the pay-for-success field.
About the Grantee
Grantee Website
thirdsectorcap.org
Grants to this Grantee
for general operating support
Third Sector Capital Partners (TSCP) was founded to support the development of the pay-for-success financing market for social benefit programs. TSCP serves nonprofits and government agencies working to implement a social impact bond or similar financing mechanism. In 2012, TSCP was the first intermediary in the country to successfully implement a pay for success contract; it was in Massachusetts with nonprofit partner ROCA, Inc. focused on reducing the rates of juvenile recidivism. Since then, TSCP has 8 other projects in development, of which 5 are under negotiation. TSCP has gained recognition as a strong thought leader and implementer in the pay-for-success field.
