The White House’s new $65.8M Social Innovation Fund competition is the largest to date
Friday, February 28, 2014
The Obama administration created a Social Innovation Fund (SIF) in 2009 that launched yearly competitions since 2010 to award grantmaking intermediaries with grant funding.
The 2014 competition, which was officially announced this week, will provide up to $65.8 million to grantmakers. The administration calls this the largest grant pool in the history of the program.
The SIF competition finds eligible nonprofit grantmaking institutions wanting to grow innovative, evidence-based solutions to challenges facing low-income communities nationwide.