How to Award Millions? The Social Innovation Fund Wants Your Two Cents.

The government is looking for your thoughts on the criteria it will use to award millions of dollars to grantmaking organizations as a part of the Social Innovation Fund. The Corporation for National Community Service is looking for feedback by January 15 on its draft Notice of Funds Available (NOFA). The NOFA contains important provisions that outline the requirements to be considered eligible for the grant awards.

The agency plans to award five to seven grants, ranging from $5 to 10 million, during the 2010 fiscal year. These funds will be granted to what it has dubbed “intermediary grantmaking organizations” who are committed to evaluating the effectiveness of the grants they award. These organizations will, in turn, parcel out the funds in smaller amounts to nonprofits that embody the Social Innovation Fund’s definition of innovative programming.

The complete Notice of Funds Available can be read on the Corporation for National Community Service’s website. Feedback may be submitted online by sending an email to SIFinput@cns.gov.

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