What Matters: Investing in Results to Build Strong, Vibrant Communities


Federal Reserve Bank of San Francisco and Nonprofit Finance Fund

June 6, 2017

What does it take to measure and fund positive social change?

What Matters: Investing in Results to Build Strong, Vibrant Communities, published in partnership with the Nonprofit Finance Fund (NFF), is the fourth release in our What series and sets a vision for revolutionizing the way America achieves social progress: By paying for results.

The book features a collection of essays by 80 authors with wide expertise on the social, cultural, and financial implications of orienting programs and funding around outcomes. Together, the authors imagine the creation of a trillion-dollar marketplace for results, where governments, social service providers, and partners better understand the full, true costs of achieving social change and where compensation is based on measurable results.

Learn more and download the book at investinresults.org.

More from the What series

Investing in What Works for America’s Communities (2012), published in partnership with the Low Income Investment Fund, calls on leaders from the public, private, and nonprofit sectors to build on what we know is working to move the needle on poverty.

What Counts: Harnessing Data for America’s Communities (2014), published in partnerships with the Urban Institute, outlines opportunities and challenges for the strategic use of data to reduce poverty, improve health, expand access to quality education, and build stronger communities.

What It’s Worth: Strengthening the Financial Future of Families, Communities and the Nation (2015), published in partnership with Prosperity Now (formerly CFED), makes clear why every household’s financial health matters for the U.S. economy to thrive and demonstrates how those who work outside traditional financial capacity building in education, health, housing, workforce training, justice and other sectors play a critical role in removing barriers to financial health and well-being.