FACACLASSIC

Note: An Annual Comprehensive Review, as required by §7 of the Federal Advisory Committee Act, is conducted each year on committee data entered for the previous fiscal year (referred to as the reporting year). The data for the reporting year is not considered verified until this review is complete and the data is moved to history for an agency/department. See the Data From Previous Years section at the bottom of this page for the committee’s historical, verified data.

Details on agency responses to committee recommendations can be found under the Performance Measures section for each committee in the fields “Agency Feedback” and “Agency Feedback Comment.”

TRES - 2639 - Commission on Social Impact Partnerships - Statutory (Congress Created)

GENERAL INFORMATION

Committee Name	Commission on Social Impact Partnerships	Agency Name	Department of the Treasury
Fiscal Year	2025	Committee Number	2639
Original Establishment Date	6/5/2018	Committee Status	Chartered
Actual Termination Date		Committee URL	https://home.treasury.gov/services/social-impac...
Actual Merged Date		Presidential Appointments*	Yes
New Committee This FY	No	Max Number of Members*	9
Terminated This FY	No	Designated Fed Officer Position Title*	DFO
Merged This FY		Designated Federal Officer Prefix
Current Charter Date	4/19/2024	Designated Federal Officer First Name*	Matthew
Date Of Renewal Charter	4/19/2026	Designated Federal Officer Middle Name	William
Projected Termination Date		Designated Federal Officer Last Name*	Cook
Exempt From Renewal*	No	Designated Federal Officer Suffix
Specific Termination Authority	NA	Designated Federal Officer Phone*	(202) 821-5030
Establishment Authority*	Statutory (Congress Created)	Designated Federal Officer Fax*	n/a
Specific Establishment Authority*	42 U.S.C. Sec. 1397n-6	Designated Federal Officer Email*	matthew.cook@treasury.gov
Effective Date Of Authority*	2/9/2018
Exempt From EO 13875 Discretionary Cmte	Not Applicable
Committee Type*	Continuing
Presidential*	No
Committee Function*	Grant Review Committee

RECOMMENDATION/JUSTIFICATIONS

Agency Recommendation*	Continue
Legislation to Terminate Required	Not Applicable
Legislation Status
How does cmte accomplish its purpose?*	SIPPRA requires commission members to have expertise in finance, economics, pay-for-performance, or program evaluation. The Commission will make recommendations to the Treasury regarding funding of social impact partnership grant agreements and feasibility study grants.
How is membership balanced?*	NA- Statute dictates membership.
How frequent & relevant are cmte mtgs?*	Meetings are held as needed to review applications for funding and make recommendations. In FY24, the Commission met for two administrative meetings, five subcommittee meetings, and one public meeting.
Why advice can't be obtained elsewhere?*	The committee will allow the federal government to benefit from the knowledge, financial expertise and Pay For Success expertise of the committee members appointed by Congressional leaders. Congress established the committee by statute.
Why close or partially close meetings?	Meetings may be partially closed or closed for discussions of grant applications and/or discussion or deliberation of information not yet available to the general public.
Recommendation Remarks	The Commission is a critical body for the SIPPRA program team to rely on for their advice and expertise.

PERFORMANCE MEASURES

Outcome Improvement To Health Or Safety*	Yes	Action Reorganize Priorities*	No
Outcome Trust In Government	No	Action Reallocate Resources	No
Outcome Major Policy Changes	No	Action Issued New Regulations	No
Outcome Advance In Scientific Research	No	Action Proposed Legislation	No
Outcome Effective Grant Making	Yes	Action Approved Grants Or Other Payments	Yes
Outcome Improved Service Delivery	No	Action Other	No
Outcome Increased Customer Satisfaction	No	Action Comment	Commission recommended seven applications move to then next stage of the review process in FY24.
Outcome Implement Laws/Reg Requirements	No	Grants Review*	Yes
Outcome Other	No	Number Of Grants Reviewed	7
Outcome Comment	Not Applicable	Number Of Grants Recommended	7
Cost Savings*	Unable to Determine	Dollar Value Of Grants Recommended	$54,000,000.00
Cost Savings Comment	Not Applicable	Grants Review Comment	The review for the FY24 Notice of Funding Availability is ongoing. The Commission portion is complete.
Number Of Recommendations*	15	Access Contact Designated Fed. Officer*	Yes
Number Of Recommendations Comment	On July 18, 2024, the Commission recommended that the Secretary of the Treasury consider funding seven projects if certified by the Interagency Council on Social Impact Partnerships. The Commission had previously recommended on October 28, 2019, that the Secretary of the Treasury fund 8 Social Impact Partnership projects during the first round of funding.	Access Agency Website	Yes
% of Recs Fully Implemented*	27.00%	Access Committee Website	Yes
% of Recs Fully Implemented Comment	Treasury is currently determining which projects to fund under the FY24 Notice of Funding Availability (NOFA). Treasury awarded four applications under the previous NOFA. Those applications are fully implemented.	Access GSA FACA Website	Yes
% of Recs Partially Implemented*	0.00%	Access Publications	No
% of Recs Partially Implemented Comment	Treasury is currently determining which projects to fund under the FY24 NOFA.	Access Other	No
Agency Feedback*	Yes	Access Comment	Not Applicable
Agency Feedback Comment*	See above	Narrative Description*	Not Applicable

COSTS

1. Payments to Non-Federal Members*		1. Est Paymnts to Non-Fed Membrs Nxt FY*
2. Payments to Federal Members*		2. Est. Payments to Fed Members Next FY*
3. Payments to Federal Staff*		3. Estimated Payments to Federal Staff*
4. Payments to Consultants*		4. Est. Payments to Consultants Next FY*
5. Travel Reimb. For Non-Federal Membrs*		5. Est Travel Reimb Non-Fed Membr nxtFY*
6. Travel Reimb. For Federal Members*		6. Est Travel Reimb For Fed Members*
7. Travel Reimb. For Federal Staff*		7. Est. Travel Reimb to Fed Staf Nxt FY*
8. Travel Reimb. For Consultants*		8. Est Travel Reimb to Consltnts Nxt FY*
10. Other Costs		10. Est. Other Costs Next FY*
11. Total Costs	$0.00	11. Est. Total Next FY*	$0.00
Date Cost Last Modified	2/13/2025 12:51 PM	Est. Fed Staff Support Next FY*
Federal Staff Support (FTE)*		Est Cost Remarks
Cost Remarks

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