Nonprofit Finance Fund RFP and Webinar for Pay for Success (PFS) Projects

Nonprofit Finance Fund (NFF) will be accepting applications from local or state governments or service providers that are working in partnership with a transaction coordinator - a third party that facilitates multi-stakeholder engagement, contract structuring and negotiation, and capital raising - to structure and launch PFS projects. Eligible applicants are those that have already completed feasibility assessments to determine that a PFS project is viable. Full eligibility criteria are available in the application guide.

Applicants can apply for grant awards of $75,000 to $250,000 for a 12-month grant period to support transaction structuring efforts that result in PFS projects. NFF will award $1.44 million in subgrants through this round of funding. Subgrantees will be responsible for raising a 1:1 match for their awards. In addition to grant awards, subgrantees will receive: support and coaching from NFF staff; access to a network of PFS practitioners; tools and resources to help move projects toward implementation; and participation in collaborative, field-building opportunities.

Learn more about this opportunity and how to apply by downloading the full RFP and application packet here, and exploring NFF's Pay for Success Learning Hub, which hosts a selection of resources dedicated to helping leaders and transaction coordinators prepare applications.

Letters of Intent are due February 10, 2015, and full proposals are due February 25, 2015 by 5:00 pm PST. If you have questions, please contact [email protected]. For information about funding opportunities to support PFS exploration prior to transaction structuring, click here.

NFF will host an application webinar on January 27, 2015 from 2:00 to 3:00 pm EST to provide an introduction and overview of the application process, timeline of important dates, and resources available to applicants. Those considering applying are encouraged to register for the webinar here.

This funding opportunity is made possible by a grant award from the U.S. Corporation for National and Community Service's Social Innovation Fund (SIF) to advance PFS projects across the United States. NFF's administration of the SIF PFS competition is supported by the Laura and John Arnold Foundation.

• Sign up here to receive application reminders and PFS updates
• Grants will range from $75,000 to $250,000, with required 1:1 match to be raised by applicant
• Jan. 27, 2:00 -3:00 pm EST: Attend a webinar to learn more about how to apply
• February 10, 2015: Letters of Intent due (recommended)
• February 25, 2015: Applications due
• Read more about eligibility requirements in the application guide