Third Sector Capital Partners, Inc.
Third Sector Capital Partners, Inc.
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About this organization
Mission
Third Sector’s mission is to transform public systems to advance improved and equitable outcomes. Third Sector uses public funding and data as levers to impact how governments, providers, and their partners work with and improve the lives of the people they serve. This process leads to quantifiable improvements in people’s lives by creating new incentives to inspire sustainable operational changes. When our work is complete, organizations entrusted to use public and private funds will have the systems, tools, and data to do more and do better for the people they serve. Founded in 2011, Third Sector is a 501(c)3 organization that has worked with more than 40 communities to deploy more than $1.2 billion of government resources towards outcomes.
About
SIF EMPOWERING FAMILIES: THIRD SECTOR IS PARTNERING WITH THE UNIVERSITY OF PENNSYLVANIA'S ACTIONABLE INTELLIGENCE FOR SOCIAL POLICY (AISP) ON A TWO-YEAR, $2.4M SOCIAL INNOVATION FUND (SIF) GRANT TO PROVIDE COORDINATED TECHNICAL ASSISTANCE (TA) TO THE EMPOWERING FAMILIES LEARNING COMMUNITY OF SIX STATE AND COUNTY GOVERNMENTS. THIS JOINT EFFORT INTEGRATES THIRD SECTOR'S EXPERTISE IN OUTCOMES-ORIENTED CONTRACTING AND AISP'S NATIONAL LEARNING COMMUNITY AND CURRICULUM ON INTEGRATED DATA SYSTEMS (IDS). THIRD SECTOR HAS WORKED WITH EACH COMMUNITY TO DEVELOP SYSTEMS THAT LEVERAGE THEIR DATA TO CREATE OUTCOMES-ORIENTED CONTRACTS FOR PROGRAMS AND SERVICES FOCUSED ON TWO-GENERATION OUTCOMES (I.E., OUTCOMES THAT FOSTER THE WELL-BEING OF BOTH CHILDREN AND THEIR PARENTS). THIRD SECTOR ALSO CONVENES THE EMPOWERING FAMILIES LEARNING COMMUNITY REGULARLY IN PERSON AND VIA WEBINAR TO SHARE BEST PRACTICES AND WORK THROUGH COMMON CHALLENGES.
Interesting data from their 2019 990 filing
From their filing, the objective of the non-profit is stated as “Third sector's mission is to accelerate america's transition to a performance-driven social sector.”.
When talking about its functions, they were outlined as: “To accelerate america's transition to a performance driven social sector, primarily through the development of pay for success contracts that will measurably improve the lives of those most in need.”.
- The legally reported state of operation for the non-profit is MA.
- According to the filing, the non-profit's address in 2019 is 225 FRANKLIN ST SUITE 350, BOSTON, MA, 02110.
- The non-profit organization as of 2019 has a total of 57 employees reported on their form.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $2,565,515.
- The organization has 7 independent voting members.
- The organization was formed in 2012.
- The organization pays $4,908,907 in salary, compensation, and benefits to its employees.
- The organization pays $203,564 in fundraising expenses.