America is facing some of the greatest challenges in a generation.
At the same time, promising nonprofit organizations across the country
are making heroic efforts to meet overwhelming need and, implement
effective and innovative ways to meet these challenges. But their
impact is often hampered by a lack of resources and support to evaluate
and improve their programs, and expand them so they can serve more
communities of need.
Yesterday, the Corporation for National and Community Service launched the Social Innovation Fund (SIF) grant competition, which takes a new approach to addressing our nation’s most critical social challenges.
The SIF will direct funding through innovative, hands-on grant makers (or intermediaries) across the country. These grant makers will identify fund and support over a period of years promising nonprofit organizations working in low-income communities.
It’s an approach that has clear benefits.
It leverages private funding from grant makers and others. Each federal dollar will be matched with at least $3 of private funding, for a total of $200 million or greater.
To read the full, original article click on this link: Introducing the Social Innovation Fund | The White House
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