Scaling what works.
Whether the next big social impact innovation originates within a government entity or a service provider, it needs to be funded in order to achieve its goals and better the lives of those in need. We work with our clients to use innovative financing approaches, such as Pay for Success (also called Social Impact Bonds), performance-based contracting, and other tools to fund and scale what works.
Even before securing intervention funding, Sorenson Impact helps determine project feasibility and whether it is suited to social impact financing. Evidence-based policies and programs are critical to determining feasibility, and Sorenson Impact connects leading academic research regarding “what works” in social policy with programmatic design, execution, and rigorous evaluation.
In our build-to-suit approach, we work across sectors with all key stakeholders, including service providers, foundations, investors, community-based organizations, and others to accelerate sustainable social change. Areas of focus include housing and homelessness, criminal justice reform, public health, early childhood development and education, and other high-need policy areas.
Our work in this area has been supported by grants from The Social Innovation Fund, an initiative of the White House, the U.S. Department of Housing and Urban Development and the Department of Justice, among other partners.
How we catalyze big ideas:
We help government entities and service providers weigh evidence-based solutions to challenging social problems and whether social impact financing is a suitable course of action.
customize data solutions
We help design customized data solutions to guide decisions in real time and bolster performance measurement.
We develop cost-benefit models to analyze the costs of social problems and the value of effective interventions.
We explore and develop performance-based contracts for delivering social programs, such as Pay for Success / Social Impact Bonds.
We assist in structuring and building local capacity to execute social impact financing projects.
performance measurement and management
We help organizations and governments create frameworks for performance measurement and manage toward outcomes.
We help design evaluation strategies to rigorously measure the effectiveness of programs and policies to drive outcomes.