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Black Tie International:
First Lady Michelle Obama
Announces Foundation Commitments To
Invest In Innovative Community Solutions
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First Lady Announces
Foundation
Commitments to
Invest in Innovative
Community Solutions
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First Lady Michelle
Obama, joined by
Corporation for
National and
Community Service
CEO Patrick
Corvington,
announces $50
million in
commitments
from foundations and philanthropists to match Social Innovation Fund
grants that will go
to nonprofit
organizations
working to foster
economic
opportunity, expand
health services,
and help youth succeed in school.
PHOTO COURTESY OF
JULIA RUSKIN,
CORPORATION FOR
NATIONAL AND
COMMUNITY SERVICE
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WASHINGTON, D.C. (May 27, 2010) -- Today,
First Lady Michelle Obama and
Corporation for National and Community
Service CEO Patrick Corvington announced the
initial phase of philanthropic commitments
totaling $50 million to match Social
Innovation Fund (SIF) grants and to invest
in other innovative community solutions.
This also includes an independent consortium
of more than 20 national and regional
funders led by Grantmakers for Effective
Organizations (GEO) who have come together
to create the "Scaling What Works"
initiative, which will provide complementary
funding for key
initiatives to build the infrastructure needed for the long-term success
of the SIF.
"As we continue to tackle our nation's great
challenges, we know that many of the best,
most lasting solutions are already being
developed in communities across the country.
Local answers to our national challenges
originate everywhere," said Mrs. Obama.
"Today's event shows how the government is
doing business differently: finding
solutions outside of Washington, DC;
investing in innovations that can have a big
impact and have the potential to grow; and
partnering with the private, philanthropic
and nonprofit sectors to address the
toughest problems we face. These efforts are
just the beginning of how we seek to turn
community solutions into national
solutions."
"Whether the issue is poverty or failing
schools or childhood obesity, there's not a
problem in America that's not being solved
by someone, somewhere in America," said
Patrick Corvington, the Corporation's CEO.
"Our challenge is to take what works and
replicate it on a national scale to solve
our greatest challenges, and that is what
the SIF will do."
The SIF
is a new competitive grant program, housed
at the Corporation for National and
Community Service, that is designed to
invest in innovative solutions with evidence
of impact and that are ready to grow to meet
the needs of more communities throughout
America. The SIF will drive more resources
to high-impact nonprofit organizations
working in three areas of national priority:
Economic Opportunity, Healthy Futures, and
Youth Development and School Support.
The Council on Foundations also released a
letter <http://www.nationalservice.gov/pdf/10_0527_community_foundation_sif_support_letter.pdf>
today signed by the heads of more than 130
community foundations around the country who
endorsed the creation of the Social
Innovation Fund and signaled their strong
support for the Administration?s initiatives
to invest in innovative nonprofit programs
and other solutions that are being developed
in communities across America.
Click HERE <http://www.nationalservice.gov/pdf/10_0527_sif_fact_sheet_final.pdf>
for a fact sheet with more information.
The Corporation for National and Community
Service is a federal agency that engages
more than five million Americans in service
through its Senior Corps, AmeriCorps, and
Learn and Serve America programs, and leads
President Obama's national call to service
initiative, United We Serve. For more
information, visit
www.NationalService.gov <http://www.nationalservice.gov/>
.
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