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Third Sector Capital Partners
Third Sector Capital Partners, Inc. is a nonprofit advisory firm with offices in Boston, Massachusetts, San Francisco, California, and Washington, DC. Founded in 2011, Third Sector leads governments, nonprofits, and private funders in building evidence-based initiatives and Pay for Success projects. A 501(c)(3) nonprofit, Third Sector is supported through philanthropic and government sources. In 2016, president and co-founder Caroline Whistler was named to the ''Chronicle of Philanthropy's'' "40 Under 40" and was named by Living Cities one of the nation's 25 Disruptive Leaders. History Third Sector Capital Partners, Inc. was founded in 2011 by George Overholser, Caroline Whistler, and Drew von Glahn. It opened offices in San Francisco, CA in 2014 followed by offices in Washington, DC. Pay for Success Pay for Success (PFS) is a contracting model that drives government resources toward high-performing social programs. PFS contracts track the effectiveness of programs over time to e ...
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Nonprofit
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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San Francisco, California
San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th most populous in the United States, with 815,201 residents as of 2021. It covers a land area of , at the end of the San Francisco Peninsula, making it the second most densely populated large U.S. city after New York City, and the fifth most densely populated U.S. county, behind only four of the five New York City boroughs. Among the 91 U.S. cities proper with over 250,000 residents, San Francisco was ranked first by per capita income (at $160,749) and sixth by aggregate income as of 2021. Colloquial nicknames for San Francisco include ''SF'', ''San Fran'', ''The '', ''Frisco'', and ''Baghdad by the Bay''. San Francisco and the surrounding San Francisco Bay Area are a global center of economic activity and the arts and sciences, spurred ...
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Washington, DC
) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, National Cathedral , image_flag = Flag of the District of Columbia.svg , image_seal = Seal of the District of Columbia.svg , nickname = D.C., The District , image_map = , map_caption = Interactive map of Washington, D.C. , coordinates = , subdivision_type = Country , subdivision_name = , established_title = Residence Act , established_date = 1790 , named_for = George Washington, Christopher Columbus , established_title1 = Organized , established_date1 = 1801 , established_title2 = Consolidated , established_date2 = 1871 , established_title3 = Home Rule Ac ...
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Social Impact Bond
A social impact bond, also known as pay-for-success financing, pay-for-success bond, social benefit bond or simply a social bond, is one form of outcomes-based contracting. Although there is no single agreed definition of social impact bonds, most definitions understand them as a partnership aimed at improving the social outcomes for a specific group of citizens. The term was originally coined by Geoff Mulgan, chief executive of the Young Foundation. The first SIB was launched by UK-based Social Finance Ltd. in September 2010. As of July 2019, 132 SIBs have been launched in 25 countries, and they are worth more than $420m. History The social impact bond is a non-tradeable version of social policy bonds, first conceived by Ronnie Horesh, a New Zealand economist, in 1988. Since then, the idea of the social impact bond has been promoted and developed by a number of agencies and individuals in an attempt to address the paradox that investing in prevention of social and health pro ...
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Santa Clara County
Santa Clara County, officially the County of Santa Clara, is the sixth-most populous county in the U.S. state of California, with a population of 1,936,259, as of the 2020 United States Census, 2020 census. Santa Clara County and neighboring San Benito County, California, San Benito County together form the U.S. Census Bureau's San Jose-Sunnyvale-Santa Clara metropolitan statistical area, which is part of the larger San Jose-San Francisco-Oakland, California, Oakland combined statistical area. Santa Clara is the most populous county in the San Francisco Bay Area and in Northern California. The county seat and largest city is San Jose, California, San Jose, the List of United States cities by population, 10th-most populous city in the United States, List of cities and towns in California, California's third-most populous city and the List of cities and towns in the San Francisco Bay Area, most populous city in the San Francisco Bay Area. Home to Silicon Valley, Santa Clara County ...
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Cuyahoga County
Cuyahoga County ( or ) is a large urban County (United States), county located in the Northeast Ohio, northeastern part of the U.S. state of Ohio. It is situated on the southern shore of Lake Erie, across the Canada–United States border, U.S.-Canada maritime border. As of the 2020 United States census, 2020 census, its population was 1,264,817, making it the List of counties in Ohio, second-most-populous county in the state. The county seat and largest city is Cleveland. The county is bisected by the Cuyahoga River, after which it was List of Ohio county name etymologies, named. "Cuyahoga" is an Iroquoian languages, Iroquoian word meaning "crooked river". Cuyahoga County is the core of the Greater Cleveland, Greater Cleveland Metropolitan Area and of the Northeast_Ohio#Combined_Statistical_Area, Cleveland–Akron–Canton combined statistical area. History The land that became Cuyahoga County was previously part of the French colony of New France, Canada (New France), which ...
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The Boston Globe
''The Boston Globe'' is an American daily newspaper founded and based in Boston, Massachusetts. The newspaper has won a total of 27 Pulitzer Prizes, and has a total circulation of close to 300,000 print and digital subscribers. ''The Boston Globe'' is the oldest and largest daily newspaper in Boston. Founded in 1872, the paper was mainly controlled by Irish Catholic interests before being sold to Charles H. Taylor and his family. After being privately held until 1973, it was sold to ''The New York Times'' in 1993 for $1.1billion, making it one of the most expensive print purchases in U.S. history. The newspaper was purchased in 2013 by Boston Red Sox and Liverpool owner John W. Henry for $70million from The New York Times Company, having lost over 90% of its value in 20 years. The newspaper has been noted as "one of the nation's most prestigious papers." In 1967, ''The Boston Globe'' became the first major paper in the U.S. to come out against the Vietnam War. The paper's 2002 c ...
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Merrimack Valley
The Merrimack Valley is a bi-state region along the Merrimack River in the U.S. states of New Hampshire and Massachusetts. The Merrimack is one of the larger waterways in New England and has helped to define the livelihood and culture of those living along it for millennia. Major cities in the Merrimack Valley include Concord, Manchester, and Nashua in New Hampshire, and Lowell, Lawrence, and Haverhill in Massachusetts. The Valley was a major center of the textile industry in the 19th century. Geography and demographics Massachusetts The Merrimack Valley area in Massachusetts is a community of towns and cities flanking the Merrimack River along the New Hampshire border, a portion of which is defined by a line approximately north and west of the Merrimack. The cities (marked with ''italics'') and towns in this area are: *''Amesbury'' *Andover *Billerica * Boxford *Chelmsford * Dracut *Dunstable * Georgetown * Groveland *'' Haverhill'' *''Lawrence'' * Littleton'' *'' Lo ...
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Prisoner Reentry
Prisoner reentry is the process by which prisoners who have been released return to the community. Many types of programs have been implemented with the goal of reducing recidivism and have been found to be effective for this purpose. Consideration for the conditions of the communities formerly incarcerated individuals are re-entering, which are often disadvantaged, is a fundamental part of successful re-entry. A 2006 study done by the Manpower Demonstration Research Corporation statistically evaluated the effectiveness of prisoner reentry programs on the criteria scale of ''working'', ''not working'', ''promising'', and ''unknown''. Findings classify employment-oriented programs as ''working'', drug rehabilitation programs as ''working'', educational programs as ''promising'', and halfway house programs as ''working''. A 2015 article from ''The New York Times Magazine'' commented, "It wasn't until the mid-2000s that this looming 'prisoner re-entry crisis' became a fixation of socio ...
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