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The Social Innovation Fund has a lot to celebrate these days! In September we celebrated our Fifth Anniversary of partnering with the public and private sectors to advance successful interventions for our most pressing social problems and promoting “what works.” We also launched our first Pay For Success competition with the intent of growing the field and advancing outcome based partnerships between government and nonprofit organizations.
We remain proud to be one of six tiered evidenced programs in the federal government that is invested in innovation, evaluation, and scale. We look forward to continuing our work with new funding announcements for the Social Innovation Fund and Pay For Success, promoting knowledge sharing to advance the field and engage new partners, and sharing evaluation results of our early partners to scale what works.
Recently we celebrated the transition of Michael Smith to the White House. In his new role as Special Assistant to the President for My Brother’s Keeper, he carries the values and best practices of the Social Innovation Fund, its (sub) grantees, and partners. We look forward to supporting and partnering with Michael to promote what works for opportunity youth and scale successful interventions for those most at risk.
As Acting Director of the Social Innovation Fund, I look forward to maintaining the momentum of SIF, its (sub) grantees, and partners. I hope to leverage my social capital in the philanthropic and private sector communities to advance the work of the Social Innovation Fund and bring additional financial and human capital to this work.
Finally SIF and the White House are committed to finding the next director of the Social Innovation Fund who will successfully amplify our work, promote innovation, and increase resources to support successful interventions.
I hope you enjoy this newsletter that highlights the great work being done by the field in the name of innovation, evidence, and what works.
Warmest Regards,
 Melissa Bradley
Acting Director, Social Innovation Fund
Corporation for National and Community Service
Growing Investments in New Promising Models
The Social Innovation Fund is excited to announce a new investment of $33.7 million to seven organizations that are focusing on innovative solutions in our three priority areas of youth development, economic opportunity, and healthy futures. This newest class of grantees puts a greater emphasis on collective and data-driven mobilization as each will be testing a collective impact model where communities work together across sectors to identify challenges, set goals, and track progress together.
Read more about how our grantees are addressing challenges facing women’s economic stability, opportunities for disconnected youth, and combating childhood hunger.
Looking to learn more about SIF grantees? Y9u can also read more in the Social Innovation Fund’s press room.
Pay for Success (PFS) leverages philanthropic and private dollars to fund services up front, with the government paying after results are generated. Unlike programs structured around processes rather than measurable results, Pay for Success provides greater flexibility for state, local, and tribal governments to implement evidence-based solutions that carefully test promising innovations and scale programs that work.
Through a $12 million investment, the Social Innovation Fund’s Pay for Success competition addresses the limited availability of funds for planning, feasibility studies, deal structuring, and pipeline development. PFS is another critical tool with the same mission – supporting innovation, ensuring solutions have the dollars needed to scale, and paying for results.
PFS grantees are launching competitions between the months of November 2014 through March 2015. For a list of active Requests for Proposals, please visit the press room, here.
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