WASHINGTON, Feb. 24, 2017 /PRNewswire-USNewswire/ -- As part of the Social Innovation Fund (SIF) week, the Corporationfor National and Community Service (CNCS), the federal agency for volunteering and service, celebrated a major milestone for the SIF. Since the program's inception in 2009, CNCS has generated $1 billion in investments for evidence-based community
These investments have provided critical support to more than 490 nonprofit organizations across the country, helping grow effective programs and develop innovative approaches to some of the most pressing challenges in economic opportunity, healthy futures, and youth development. The SIF has grown into a social impact incubator within the federal government, creating public-private partnerships that deliver high-impact, community-based solutions that work.
With support from SIF:
In 2014, CNCS reinforced its commitment to support innovative solutions that work through the creation of its Pay for Success (PFS) program. This $30 million-plus grant-making initiative helps cities, states, and nonprofits develop PFS projects, which tie funding for social services to its true impact in the community.
Social Innovation Fund grantees used the week to reinforce the critical support SIF funding provides their organization. SIF grantees, LISC, United Way of Central Indiana, the Sorenson Impact Center at the University of Utah, United Way for Southeastern Michigan, Friends of the Children, the North Carolina Partnership for Children, and the Government Performance Lab at the Harvard Kennedy School all made announcements about the expansion of their programs.
The Social Innovation Fund (SIF) is a program of the Corporation for National and Community Service, a federal agency that engages millions of Americans in service through its AmeriCorps, Senior Corps, and Volunteer Generation Fund programs, and leads the nation's volunteer and service efforts. SIF positions the federal government to be a catalyst for impact — using public and private resources to find and grow community-based nonprofits with evidence of results. To learn more, visit www.nationalservice.gov/sif.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/federal-social-innovation-fund-celebrates-1-billion-milestone-300413222.html
SOURCE Corporation for National and Community Service
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