The mission of the University of Virginia Pay for Success Lab is to identify and advance impactful Pay for Success project models in localities across the nation. We work with local stakeholders during the early stages of project development to: 

  • IDENTIFY a public issue that is a priority for the community to address
  • RESEARCH the social and financial benefits that an intervention could provide, and
  • ENGAGE with local stakeholders to develop a results-based policy solution.

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Pay for Success (PFS) generates social value and cashable savings to government and other community organizations while driving financial resources towards serving local needs and measurably improving lives. Through the structure, a private investor pays upfront for an intervention and an end payor agrees to repay that investment should the intervention meet or exceed its predetermined target outcome measures. PFS allows community-oriented organizations to pay for tangible benefits, transfers the risk of outcome achievement to external funders, and aligns a community towards achieving beneficial outcomes.

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Past Fellows