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US, Canada

Social Innovation Fund SIF is an approach to transforming lives and communities that positions the federal gov to be a catalyst for impact by mobilizing public and private resources to find and grow community solutions.

Government

OVERVIEW

Description

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.

FUNDING TYPES AND CRITERIA

providing funding for these regions

  • US, Canada

funding types

  • Grants / Donations