The Social Innovation Fund (SIF) is a powerful approach to transforming lives and communities that positions the federal government to be a catalyst for impact—mobilizing public and private resources to find and grow community solutions with evidence of strong results.
A key White House initiative and program of the Corporation for National and Community Service, the Social Innovation Fund has the simple, but vital goal of finding solutions that work, and making them work for more people.
We unite public and private resources to evaluate and grow innovative community-based solutions that have evidence of results in low-income communities in any of three priority areas: economic opportunity, healthy futures, and youth development.
In just a few years the Social Innovation Fund (SIF) and our private-sector partners have invested more than a half a billion dollars in compelling community solutions-- $177.6 federal million in federal grant plus $423 million in non-federal match commitments in 20 intermediary grantees and 217 nonprofits in 37 states and the District of Columbia.
Building on SIF’s commitment to innovative, cross-sector approaches, in 2014 SIF selected its inaugural portfolio of Pay for Success (PFS) grantees. PFS financing, sometimes referred to as Social Impact Bonds, harnesses the same innovative spirit that defines the SIF. To learn more, please visit our new site to learn more.
Why Does the SIF Matter?
By fostering private and public collaborations that identify, evaluate, and expand promising nonprofits, the SIF increases access to effective programs that enable people and communities in need to overcome their most pressing challenges in the areas of economic opportunity, youth development, and health.
The 2010-2012 Social Innovation Fund Investment Report shows how far we have come with this high-impact program in just the first few years.
The Social Innovation Fund can only succeed in collaboration with partners who share our vision of bringing transformative change to more people and more communities across the United States. Partners often include national and local foundations, nonprofit organizations, local public agencies, colleges and universities, interested individuals, and more. Please visit our Get Involved page to learn more about opportunities to participate in the SIF.