OpportunityTitle: Social Innovation Fund FY 2010
CategoryExplanation: Social Innovation Fund FY 2010
AdditionalInformationOnEligibility: To be eligible for a SIF intermediary award, an applicant must:  &#149; Be an existing grantmaking institution or an eligible partnership;  &#149; Properly propose to be either a geographically-based or issue-based SIF that will focus on improving measurable outcomes;  &#149; Have a strong track record of using rigorous evidence to select, invest in, support, and monitor the replication and expansion of grantees;  &#149; Have a well-articulated plan to:  o Replicate and expand research-proven initiatives that have been shown to produce sizable, sustained benefits to participants or society; and/or  o Collaborate with a research organization to undertake rigorous evaluations to assess the effectiveness of initiatives.  &#149; Have appropriate policies on conflicts of interest, self-dealing, and other improper practices; and  &#149; Demonstrate either cash-on-hand or commitments (or a combination thereof) toward meeting 50 percent of the first year matching funds, based on the amount of grant funds requested.  For example, a request of $1 million needs to be accompanied by documentation of $500,000 on-hand at the time of application.
Description: APPLICATIONS CANNOT BE SUBMITTED THROUGH GRANTS.GOV APPLICATIONS MUST BE SUBMITTED THROUGH THE CORPORATION&#146;S EGRANTS SYSTEM: https://egrants.cns.gov/espan/main/login.jsp This Notice of Federal Funds Availability (Notice) announces the availability of funding for the newly-created Social Innovation Fund (SIF), authorized by the Edward M. Kennedy Serve America Act of 2009. The SIF is a vehicle to: 1) promote public and private investment in effective and potentially transformative portfolios of nonprofit community organizations to help them strengthen their evidence base, and replicate and expand to serve more low-income communities; 2) identify more effective approaches to addressing critical social challenges and broadly share this knowledge; and 3) develop the grantmaking infrastructure necessary to support the work of social innovation in communities across the country. The Corporation considers &#147;social innovation&#148; as the development of a potentially transformative practice or approach to meeting critical social challenges. An approach is &#147;transformative&#148; if it not only produces strong measurable outcomes, but also 1) significantly impacts or informs the public discussion about systems of service delivery, 2) addresses more than one critical social challenge concurrently, or 3) produces dramatic cost savings through efficiency gains. In FY 2010, SIF awards will be made to a small number of intermediaries (existing grantmaking institutions or eligible partnerships) which make investments in nonprofit community organizations as an essential (rather than collateral) means of fulfilling their mission and vision. The resulting national network of intermediaries will identify through competitive processes, invest in, support, and monitor promising, later-stage (as opposed to nascent or early-stage), innovative nonprofit community organizations (subgrantees) working with low-income communities in one or more of the following priority issue areas: &#149; Economic Opportunity &#150; Increasing economic opportunities for economically disadvantaged individuals &#149; Youth Development and School Support &#150; Preparing America&#146;s youth for success in school, active citizenship, productive work, and healthy and safe lives &#149; Healthy Futures &#150; Promoting healthy lifestyles and reducing the risk factors that can lead to illness
GrantorContactEmailDescription: Social Innovation Fund email address
GrantorContactText: Marta Urquilla &lt;br/&gt;CNCS &lt;br/&gt;202-606-3918
CloseDateExplanation: The deadline for submission of applications is 5:00 pm Eastern Time on April 8, 2010. Applications must be submitted through the Corporation&#146;s eGrants system:   https://egrants.cns.gov/espan/main/login.jsp