Grants and Contributions:
Title:
Alternative Suspension Social Impact Bond
Agreement Number:
3967096
Agreement Value:
$4,542,595.00
Agreement Date:
Mar 16, 2020 - Sep 1, 2024
Description:
The purpose of this contribution is to test the “Social Impact Bond” model, a first for Public Safety Canada, in order to ascertain its potential to improve the sustainability of crime prevention interventions beyond the five year funding available under the Crime Prevention Action Fund. This pay-for-performance model will be tested with the YMCAs of Quebec’s Alternative Suspension (AS) program, which has demonstrated positive results for at-risk youth in past program evaluations. The YMCAs of Quebec is a non-profit organization with a long history of supporting vulnerable communities in Quebec and Canada.
Organization:
Public Safety Canada
Expected Results:
For the purposes of the Social Impact Bond, the project will employ a pay-for-performance approach, whereby payments will be tied to the successful achievement of targeted outcomes.
Location:
Montreal, Quebec, CA H2V 4H1
Reference Number:
088-2021-2022-Q2-00007
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
1193 07031 RT0001
Recipient Type:
Not-for-profit organization or charity
Additional Information:
The purpose of this amendment is to increase Public Safety Canada funding amount from $4,355,215.00 to $4,542,595.00.
Amendment Date
Jul 6, 2021
Recipient's Legal Name:
The YMCAs of Québec
Program:
(CPAF) Crime Prevention Action Fund
Program Purpose:
The program purpose is to provide time-limited grant and contribution funding that supports evidence-based crime prevention initiatives in communities.
Amendments: