The Social Innovation Fund [1], a program of the Corporation for Community Service and the Obama administration’s major philanthropic effort, has issued a Proposed Notice of Funds Available (NOFA) [2] and a request for feedback. SIF will award up to $50 dollars in federal funding during Fiscal Year 2010.
America Forward [3], the coalition of nonprofit organizations that made the policy recommendations that led to the Edward M. Kennedy Serve America Act, which authorized the program, says the SIF is "intended to increase the impact of social entrepreneurs and innovative nonprofit organizations by scaling proven programs and investing in promising new ideas."
According to the NOFA, in "FY 2010, SIF awards will be made to a select number of grantmaking intermediaries (or eligible partnerships) focused on improving measurable outcomes in the following priority areas: increased economic opportunity; preparing America’s youth for success in school, active citizenship, productive work, and healthy and safe lives; [and] promoting healthy lifestyles and reducing the risk factors that can lead to illness."
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Links:
[1] http://www.nationalservice.gov/about/serveamerica/innovation.asp
[2] http://www.nationalservice.gov/pdf/09_1218_sif_nofadraft.pdf
[3] http://www.americaforward.org/2009/05/details-on-the-social-innovation-fund-from-the-serve-america-act/