Social Innovation Fund
Posted on Mar 4, 2014
Nearly five years after President Obama announced the creation of the Social Innovation Fund (SIF) in a ceremony at the White House, the program has achieved amazing progress. Its portfolio includes more than a half billion dollars of cross-sector investments in effective community solutions. Many already show promising early results. Nonprofits are establishing new connections and building capacity that will benefit the entire social sector and the country. And the SIF is accomplishing this in a way that demonstrates the importance of combining innovation, evaluation, and scale to accelerate the pace of change.
The SIF team is delighted that Congress boosted the SIF’s budget to $70 million in fiscal 2014, a 40 percent boost from 2013. This increase is a strong signal in the importance of scaling solutions that work, and Congress’ and the President’s continued confidence in our unique approach and extraordinary network of grantees and partners.
This budget increase allows us to nearly double the funding for our 2014 competition and explore a $14 million Pay for Success pilot program that will keep the SIF at the cutting edge of innovative approaches to social change. At a time when nonprofits report that need is increasing and traditional sources of capital for the social sector are decreasing (or remaining flat, at best), models like the SIF that seek new solutions and attract new capital, are critical to filling this ever-growing gap.
Beyond the dollars,...
Posted on Feb 25, 2014
In 2009, President Obama created the Social Innovation Fund (SIF) with a simple goal: Find solutions that work and provide the resources and spotlight needed so they can work for more people. Nearly five years later, the Social Innovation Fund represents more than a half billion dollars in public and private funds that are evaluating, expanding, and igniting innovative community solutions nationwide.
Posted on Feb 23, 2014
The chronically homeless population often utilize hospitals’ emergency rooms to meet their basic health care needs, not only causing public costs to skyrocket but also doing little to address the other mental and behavioral needs of this very vulnerable population. The Corporation for Supportive Housing (CSH)’s Social Innovation Fund (SIF) initiative responds directly to one of the most pressing policy problems currently facing states and the nation as a whole: rising public spending on health care with poor health outcomes.
Posted on Feb 23, 2014
Youth in the United States who are not attending school, not employed, and haven’t graduated from high school will likely find themselves on a path to a life of road blocks and barriers to success and potentially end up on a dead end road with no viable options for supporting themselves and their families. Building pathways to and through college, and into living-wage employment, is arguably one of today’s most pressing national issues.
Posted on Oct 12, 2012
The Social Innovation Fund is a Corporation for National and Community Service initiative that transforms lives by catalyzing broader impact of effective nonprofits. We've told its story in many ways, but sometimes a picture -- or in this case, a video -- is worth a thousand words.Click below to take a look!
Posted on Aug 15, 2012
This post originally appeared on the White House Blog on Aug., 7 2012.Arriving in the United States is just the start of the journey for refugees like Alaa, an engineer from Iraq. Unable to find a job, his first few months in America were a struggle, as he tried to cover his most basic needs. Alaa was eager for a job – any job – to become self-sufficient while he studied to resume work as an engineer in a new country.
Posted on Jul 31, 2012
I am thrilled to announce that the Social Innovation Fund (SIF) has selected four outstanding new grantees. These grantees will expand the impact of nonprofit programs with evidence of strong results by implementing exciting programs that will transform lives and communities.
Posted on Jul 26, 2012
This post originally appeared on the White House Blog on July 25, 2012.Sarah* had been living with HIV for 10 years when she discontinued her treatment. After witnessing a murder in her neighborhood, she was afraid to leave her house for care. She was isolated, suffering from post-traumatic stress, and had to cope without HIV treatment for more than three years.
Posted on Jul 11, 2012
This post originally appeared on the White House blog on July 11, 2012. Travis is a single father of two from Tulsa, Oklahoma. Since 2008, Travis had bounced between part-time and temporary jobs. His wages had peaked at around $10 per hour, though he needed at least $12-$14 an hour to support his family. With limited interviewing and workforce experience, he didn't think he would ever find full-time work – let alone have a career.
Posted on Jul 6, 2012
This post originally appeared on the White House blog on June 5, 2012.
Posted on Jun 27, 2012
This post originally appeared on the White House blog on June 26, 2012.