About the Social Innovation Fund
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 private resources to find and grow community solutions with evidence of results.
With the simple but vital goal of finding what works, and making it work for more people, the Social Innovation Fund and its grantees create a learning network of organizations working to implement innovative and effective evidence-based solutions to local and national challenges in three priority areas: economic opportunity, healthy futures, and youth development.
In just five years, the Social Innovation Fund and its private-sector partners have invested more than a half a billion dollars in compelling community solutions. The Social Innovation Fund’s portfolio represents $241 million in federal grants and more than $516 million in non-federal match commitments. To date, the SIF's Classic program has awarded 27 grantmaking organizations and 189 nonprofits working in 37 states and the District of Columbia. The 189 nonprofit organizations being funded are conducting 73 interventions and evaluating results through highly rigorous models. Through the SIF's Pay for Success program, over 30 jurisdictions across the United States are engaged in testing and implementing Pay for Success projects. Across both programs, the Social Innovation Fund is committed to expanding the impact of effective community solutions to make a difference in the lives of more Americans.
Authorized by the Edward M. Kennedy Serve America Act in April of 2009, the Social Innovation Fund is a program of the Corporation for National and Community Service (CNCS), a federal agency focused on improving lives, strengthening communities, and fostering civic engagement through service and volunteering. Together, service and innovation provide a vehicle to harness the power of ordinary people and unleash the potential of innovative ideas to help address our communities' toughest social problems and transform lives.
As part of CNCS’s month long celebration on social innovation in February, the Social Innovation Fund announced its first Social Innovation Fund Week to occur on February 9, 2015 and end on February 20, 2015. During SIF Week, the Social Innovation Fund explored and shared the work of its grantees, focusing on evidence and evaluation.