Social Impact Partnership Act Supporters
List of House Co-Sponsors
The Social Impact Partnership Act was introduced in the House by Reps. Todd Young and John Delaney as H.R. 1336.
* = Original Co-Sponsor
Links go to statements of support
Rep Young, Todd C. [R-IN-9] - 3/4/2015 *
Rep Delaney, John K. [D-MD-6] - 3/4/2015 *
Rep Ashford, Brad [D-NE-2] - 4/13/2015
Rep Blumenauer, Earl [D-OR-3] - 3/23/2015
Rep Dold, Robert J. [R-IL-10] - 3/4/2015 *
Rep Kennedy, Joseph P., III [D-MA-4] - 3/4/2015 *
Rep Larson, John B. [D-CT-1] - 3/4/2015 *
Rep McGovern, James P. [D-MA-2] - 4/13/2015
Rep Perlmutter, Ed [D-CO-7] - 4/15/2015
Rep Polis, Jared [D-CO-2] - 3/4/2015 *
Rep Reed, Tom [R-NY-23] - 3/4/2015 *
Rep Reichert, David G. [R-WA-8] - 3/4/2015 *
Rep Ross, Dennis A. [R-FL-15] - 3/23/2015
List of Organizations
The following organizations and groups have offered statements or written letters of support in favor of the Social Impact Bond Act
Links go to statements of support
Americans for Community Development (PDF)
America Forward Coalition (PDF)
America Forward at New Profit, Inc.
Bank of America Merrill Lynch
Children's Home Society of America
Coalition for Evidenced-Based Policy (PDF)
Harvard Kennedy School SIB Lab
Institute for Child Success
Results for America
Third Sector Capital Partners
Statements of Support
Rep. Todd Young: "Too often, Washington focuses on inputs instead of outcomes. We spend too much time talking about how much or how little to spend on social safety net programs, and not enough time talking about whether or not we’re improving lives. Since the 1990’s, just ten of these programs have been subject to rigorous scientific evaluation, and nine of them were found to have little to none of the desired impact. And yet we continue to fund these programs. It’s time we shift the focus to achieving desired outcomes, evaluating our social programs more carefully, and only paying for what works."
Rep. John Delaney: "This bipartisan legislation offers a new solution that improves government services, helps those in need and reduces taxpayer costs. The Social Impact Partnership Act also increases cooperation from federal, state and local governments and means that we’ll be more likely to use data-driven and evidenced-based policies. Social Impact Bonds and Pay for Success Programs are being implemented in red states and blue states because it is a win-win approach that combines progressive ideals with fiscal responsibility. I have a been a strong supporter of Social Impact Bonds and the Pay For Success model, and I thank Congressman Todd Young for his leadership on this issue."
Rep. John Larson: "Government is most effective when it combines the best our public sector has to offer with the entrepreneurial spirit and innovation of the private sector. By utilizing those partnerships to cultivate better outcomes for the American people, we can strengthen our efforts on social issues and ensure more effective use of tax-payer dollars. This legislation will help create a pathway for the development of evidence-based initiatives designed to address some of the most difficult issues we face. I am proud to join Representative Young on this measure and look forward to continuing our efforts to produce more effective outcomes in Connecticut and across the nation."
Rep. Tom Reed: "This bipartisan approach is about results-based outcomes that will help reform our broken government welfare programs and better care for the families in most need. Instead of spending taxpayer dollars on dozens of social welfare programs without measuring whether they work, we’re focusing on setting goals and requiring success. This bill is a move in the right direction to change the status quo and make sure government programs work for the people. To me, that’s the right thing to do."
Rep. Joe Kennedy: "Social Impact Bonds and Pay-for-Performance financing will bring investment capital off the sidelines to help state and local governments tackle the most pressing, persistent challenges they face. By breaking down traditional barriers between the public and private sectors, these tools expand our capacity to address everything from unemployment to child welfare to substance abuse treatment. Most importantly, they promote public policy deeply grounded in evidence and positive outcomes. The nation’s largest Social Impact Bond project, working to reduce recidivism and give juvenile offenders a second chance, is well underway in Massachusetts. I’m proud to join my colleagues in introducing legislation that will expand upon this increasingly important work."
Members of the America Forward Coalition (see full list of 60 member here): "Members of the America Forward Coalition applaud Representatives Todd Young (R-IN) and John Delaney (D-MD) on the introduction of the bipartisan Social Impact Partnership Act. The bill would create a federal fund to promote a variety of pay for success approaches and also test social innovation financing of pay for success strategies. In times of tighter budgets and greater demand for social services, we must work together to direct government resources to the most efficient programs that measurably improve people’s lives. This bipartisan bill has the potential to incentivize more efficient use of government resources to reward what works, linking government dollars to positive outcomes, and leveraging those dollars to attract private capital into the social services sector. The America Forward Coalition looks forward to continuing our work with Reps. Young and Delaney to help advance this critical legislation through the process." (Read full letter here)
Deborah Smolover, Executive Director, America Forward at New Profit Inc.: "America Forward and New Profit Inc. applaud Representative Young's introduction of the bipartisan Social Impact Partnership Act. We are pleased that this legislation aligns with our collective efforts on Pay for Success, focuses on outcomes, harnesses private sector investment, and will help ensure effective federal interventions and investments. We look forward to continuing our work with Reps. Young and Delaney to help advance this critical legislation through the process."
Andy Sieg, Managing Director and Head of Global Wealth and Retirement Solutions, Bank of America Merrill Lynch: "Social-impact partnerships represent an approach that has come of age. They provide a new model for financing programs through which the public, private and nonprofit sectors work together to achieve positive social outcomes. We see the confluence of investor demand, government innovation and access to data leading to the dawn of this new market. At the heart of social-impact partnerships rests our deep conviction that the American people will not let down those who believe in them."
Sharon Osborne, Chairwoman of the Board, Children's Home Society of America: "Children’s Home Society of America (CHSA) enthusiastically supports the promise represented by the Social Impact Partnership Act to greatly improve outcomes in the social sector. CHSA and our members throughout the country stand united and ready to help Congressman Young pass this transformative piece of legislation designed to strengthen the public/private partnership which serves vulnerable children and families everywhere."
Jon Baron, President, Coalition for Evidenced-Based Policy: "We believe this bill represents a highly thoughtful approach to advancing Social Impact Partnerships in which prior evidence of effectiveness determines which social programs and projects get funded and, once funded, rigorous evaluations are used to confirm whether they are producing the hoped-for improvements in people’s lives. Because of the strong focus on evidence of impact, we believe this approach would be a major step forward in addressing poverty, education failure, teen pregnancy, and other problems that damage the lives of millions of Americans each year."
Jeffrey Liebman, Professor of Public Policy, Harvard University and Director of the Harvard Kennedy School SIB Lab: "Social Impact Bonds are being used by innovative governors and mayors to tackle some of our nation’s most intractable social policy challenges. For the SIB model to reach its full potential, the federal government needs to be a partner in state and local projects that generate federal savings. This legislation has the potential to unleash exciting projects in policy areas such as early childhood education, diabetes prevention, and workforce development."
Joe Waters, Vice President, Institute for Child Success: "ICS believes Pay for Success financing can help us achieve our shared vision of a world where government supports robust early childhood programs that are accountable for the results they produce for children and communities and where the public, private, and nonprofit sectors work together transparently to maximize resources and outcomes for children. We welcome Congressman Young’s legislative leadership in advancing PFS at the Federal level and look forward to thoughtfully advancing the use of these mechanisms across the United States."
Roxane White, President & CEO, Nurse-Family Partnership: "Nurse-Family Partnership National Service Office applauds Congressmen Young and Delaney for introducing the Social Impact Partnership Act (H.R. 1336). Through this bipartisan legislation, the federal government will catalyze state investment in programs that produce government savings by creating a mechanism for the federal government to pay states for Medicaid and other federal value achieved. By unlocking private capital to partner with providers and government to increase the total investment in evidence-based programs, Social Impact Bonds offer a thoughtful strategy for improving outcomes for underserved populations. We are optimistic that Social Impact Bonds can help bring Nurse-Family Partnership to scale and demonstrate the population-based benefits of our program. We look forward to supporting all efforts to move this legislation forward."
Sara Watson, National Director, ReadyNation: "We applaud Congressmen Young and Delaney for their leadership on the groundbreaking Social Impact Partnership Act. It is a milestone in the development of social impact finance in the United States. Encouraging partnerships among the private, philanthropic and public sectors to improve social programs through mechanisms such as this legislation will increase collaboration among stakeholders to solve social problems while ensuring that taxpayer money is spent wisely on interventions that can demonstrate promised outcomes. This legislation means even more children have the opportunity to be healthy and ready to learn, and more adults will fulfill their potential as well."
Michele Jolin, CEO and Co-Founder, Results for America: "Results for America (RFA) applauds U.S. Representatives Young and Delaney for the introduction of the Social Impact Partnership Act (H.R. 1336). We commend their continued leadership on using data, evidence, and evaluation to improve the effectiveness and efficiency of government. They are truly legislative entrepreneurs. This bipartisan legislation, building on the similar bill introduced by Reps. Young and Delaney last Congress, would spur government to take a Moneyball approach to social services. Social Impact Bonds/Pay for Success initiatives leverage private investment, hard data, and rigorous evaluation to improve public programs for children and families. We hope the Social Impact Partnership Act will encourage greater innovation in this area and motivate government to shift to a results-oriented approach to serving our most vulnerable populations"
Tracy Palandjian, Co-Founder and CEO, Social Finance: "Social Finance applauds Congressmen Young and Delaney's leadership and support for the Pay for Success market through the Social Impact Partnership Act; the federal government can play a catalytic role in advancing initiatives by innovative state and local governments. As practitioners on the ground, we are witnessing firsthand how Pay for Success projects can be used to measurably improve the lives of the people most in need by driving resources toward better, more effective programs."
George Overholser, CEO, Third Sector Capital Partners: "Third Sector Capital Partners, Inc. enthusiastically supports the Social Impact Partnership Act and congratulates Representatives Todd Young (R-IN) and John Delaney (D-MD) on their sponsorship of this innovative bi-partisan measure to make government more effective and efficient. By creating a federal fund to support the development of Pay for Success and Social Impact Financing projects across the country, this legislation has the potential to transform how social services are delivered in the United States. Instead of reimbursing service costs, Pay for Success contracting directs government resources only towards proven outcomes, creating a critical feedback loop between government dollars and social impact. Social Impact Financing leverages private capital to support these Pay for Success contracts, aligning all stakeholders towards a shared goal of achieving positive outcomes. While existing projects have been implemented at the state and local level, many of them may also generate savings at the federal level. Through this legislation, the federal government becomes a key partner with state and local leaders to accelerate the development of projects in early childhood, health care and homelessness. "