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              Round 2: FY 2016 Social Innovation Fund Pay for Success Cooperative Agreement
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                The Round 2: 2016 Social Innovation Fund (SIF) Pay for Success (PFS) Grants Competition will provide up to $7.3 million in grants to eligible nonprofit organizations, including public or non-profit universities, faith-based organizations, and state and local governments (and other political subdivisions) seeking to build the pipeline of "PFS-ready" governments and address the developmental needs of SIF PFS projects to increase the likelihood that they will launch. Consistent with the broader mission of the SIF, the PFS Competition intends to encourage the implementation of PFS projects in order to enhance the reach and impact of innovative community-based solutions in low-income communities.Pay for Success offers innovative ways of partnering with philanthropic and private sector investors to create incentives for service providers to deliver better outcomes at lower cost—producing the highest return on taxpayer investments. The concept is simple: pay providers after they have demonstrated success, not based on the promise of success. Pay for Success financing is a mechanism for increasing investments in effective social interventions by changing the way government allocates and invests its resources – focusing on results and outcomes. This grant competition seeks to accelerate the development of Pay for Success projects. Overall, this will aid in advancing the emerging models that align payment for social services with verified social outcomes. 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.As part of the Round 2: 2016 SIF PFS Competition, each grantee will be awarded between $350,000 and $1,800,000 each year over the three year project period. Every SIF grant dollar must be matched by the grantee with nonfederal dollars and services.Application Deadline**NOTICE OF INTENT TO APPLY DEADLINE**: Applicants are encouraged to send a Notice of Intent to Apply by Wednesday, August 31, 2016**APPLICATION DEADLINE:** Applications must be received by 5:00 p.m. EST on Tuesday, September 20, 2016. Successful applicants will be notified in November 2016.Funding Announcement and Application InstructionsApplicants must read the Notice of Funding Availability (Notice) and the Application Instructions to understand the requirements and how to complete an application.Notice of Funding Availability (PDF)Application Instructions (PDF)Resources for ApplicantsFinancial Management System RequirementsCNCS Criminal History Check Requirements -Review this page to learn about the National Service Criminal History Check requirements SIF grant recipients must comply with.Successful Applications from Past Competitions - Scroll down to the table titled "Database of Submitted Applications." Use the drop-down fields to select Grant Competition Name: *Social Innovation Fund* and the competition year you would like, then click *Apply*.eGrants: For additional assistance, please call the National Service Hotline at (800) 942-2677, Monday through Friday: 9 a.m. to 7 p.m. Eastern Time.Frequently Asked QuestionsFrequently Asked Questions will be compiled and regularly updated. You will find the link to the questions here when they are available.Frequently Asked Questions (PDF) *Last updated: September 19, 2016*Webinars and Calls for ApplicantsThe following webinar and calls are provided for prospective applicants to learn more about this funding opportunityPre Recorded: Social Innovation Fund and Competition Overview WebinarThis presentation provides background information on the Social Innovation Fund and Round 2: 2016 SIF PFS Grants Competition.  It should be viewed prior to participating in the live Question & Answer Sessions.Webinar RecordingWebinar Transcript (PDF)**Live: Question and Answer Sessions**Date: Wednesday, August 17, 2016Time: 3:00 PM Eastern TimeClick here to access the webinarDial-in Number: 800-621-9596Conference number: PWXW9672898Audience passcode: 2298778Date: Wednesday, September 14, 2016Time: 3:00 PM Eastern TimeClick here to access the webinarDial-in Number: 800-621-9596Conference number: PWXW9672901Audience passcode: 5570404


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