IFF is the project coordinator and financial intermediary for Chicago’s first Pay for Success (PFS) program. Launched in 2014, the PFS program is an innovative public-private partnership that expands Chicago Public Schools’ Child-Parent Center (CPC) program, making it possible for more than 2,600 kids and their families to benefit from CPC’s high-quality early childhood and parent engagement services through 2018.
For each year of the program, SRI International, the program’s independent evaluator, releases a report of student performance across kindergarten readiness, special education utilization, and third-grade literacy. This year’s report includes results and updates on the first two student cohorts. Also available are an addendum written by Chicago Public Schools and the City of Chicago, a fact sheet providing a general report summary and program overview, and the details of the success payment calculation.