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AddThis Social Bookmark Button About Us and Our Programs > Edward M. Kennedy Serve America Act of 2009 >
 
Social Innovation Fund

 

Seeking Feedback on Draft Funding Notice

The Corporation is seeking feedback on a draft Notice of Funding Availability for the Social Innovation Fund.  Click here to view the notice (PDF), and submit your comments by January 15 here.

Listen to a briefing and Q&A (MP3) on the SIF draft NOFA by Corporation staff held with grantmakers on 1/11/2010.

The Social Innovation Fund, a new public-private collaboration created by the 2009 Edward M. Kennedy Serve America Act, is designed to create new knowledge about how to solve social challenges in the areas of economic opportunity, youth development and school support, and healthy futures, and to improve our nation’s problem-solving infrastructure in low-income communities.

In Fiscal Year 2010, the Corporation will award up to $50 million in Federal funding to an estimated five to seven intermediary organizations.  Annual awards, which will extend for five years, are expected to be in the range of $5 to $10 million and must be matched 1:1 in cash.

Community organizations will receive financial support from intermediaries on the order of no less than $100,000 per year for three to five years, as well as strategic support in areas such as management, and evaluation.  Community organizations must also provide a 1:1 cash match for the total amount—Federal and private dollars—they receive from the intermediaries.

The Corporation has released a Draft Notice of Funds Available (NOFA), and is soliciting public input through January 15, 2010.   The final NOFA is expected to be released in February of 2010.  Please click here (PDF) for more information about the Social Innovation Fund NOFA, and to provide your feedback.

 

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