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U.S. Federal Agency Announces $51 million Social Innovation Funding

By Alltimepost.com,

WASHINGTON, D.C. – The Corporation for National and Community Service (CNCS) recently released a Notice of Funding Availability (NOFA) of up to $51 million for the 2015 grant competition of the Social Innovation Fund (SIF).

The deadline for applications will be 5 p.m. ET on March, 17 2015. Successful applicants will receive grants of between $1 and $10 million per year for five years, according to the Agency.

The Social Innovation Fund (SIF) unites public and private resources to evaluate and grow innovative community-based solutions that work.

These solutions must have at least preliminary evidence of results in low-income communities in three priority areas: economic opportunity, healthy futures, and youth development.

“The opening of the Social Innovation Fund’s 2015 grant competition marks five years of growth in providing evidence-based interventions for some of the most underserved communities and populations,” said Lois Nembhard, deputy director of the Social Innovation Fund.

“This year the SIF will continue to invest in economic opportunity, healthy futures and youth development projects in underserved areas.”

In just five years, the SIF and its private-sector partners have invested more than half a billion dollars in compelling community solutions.

As a result of $229 million in federal grants and more than $516 million in non-federal match commitments, the SIF has made grants to 35 grant-making institutions and 189 nonprofits working in 37 states of the United States and the District of Columbia.

These recipients, according to CNCS, have strong track records of identifying and growing high-performing nonprofit organizations and represent the diversity of the social sector.

“During the 2015 fiscal year, CNCS plans to award approximately $51 million in grants, with up to $11 million going towards the continuation of existing SIF recipients.

Each award will range from $1 to $10 million and will be matched dollar for dollar by the grant-maker. Grant-makers will then host their own open competitions to select innovative, effective nonprofits that will also match their grants, it said.

Social Innovation Fund recipients receive significant technical assistance from CNCS to support implementation and evaluation of their programs.

To date, the SIF has worked with nonprofits and grantees to develop 73 strong, rigorous evaluation models.

Participation in the Social Innovation Fund gives grant-makers greater access to a national network of funders and nonprofits that are committed to investing in results-oriented solutions that improve lives in low-income communities.

The 2015 SIF NOFA, instructions on how to apply, and technical assistance information can be found at nationalservice.gov/SIF. Questions about the grant and application process can be sent to SIFApplication@cns.gov.

The Corporation for National and Community Service (CNCS) is a federal agency that engages more than five million Americans in service and champions community solutions through its AmeriCorps, Senior Corps, Social Innovation Fund, and Volunteer Generation Fund programs, and leads the President’s national call to service initiative, United We Serve.