Social Innovation Fund Announces 7 New Grantees

The Social Innovation Fund (SIF) has announced seven new grant awards, according to a report from The Chronicle of Philanthropy. (See also this press release.)

According to the Chronicle, they are:

  • Silicon Valley Community Foundation: $7.5-million to increase third-grade reading-proficiency rates
  • Boston Foundation: $1.8-million to increase post-secondary completion rates
  • AARP Foundation: $3-million to focus on women’s financial security
  • Methodist Healthcare Ministries of South Texas: $10-million to implement integrated behavioral-health models
  • Share Our Strength: $1.5-million to eradicate child hunger
  • United Way of Greenville County, S.C.: $3-million for dropout prevention efforts
  • Jobs for the Future and the Aspen Institute’s Opportunity Youth Incentive Fund: $6-million to improve education and career outcomes for youths

The new grantees join 19 others that received funding in earlier years (one grantee has reportedly dropped out).

According to the Chronicle:

Including today’s newly announced grants, the Social Innovation Fund has given $243.4-million since 2010, not including more than $540-million generated by matching funds, according to a breakdown from the Corporation for National and Community Service.

Michael Smith, director of the fund, says that for the first time this year, special consideration was given to applicants whose proposals included collective-impact models, which group partners from different sectors around a common goal.

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