Senate Approves Money for National Service, Social Innovation Fund
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December 15, 2009, Chronicle of Philanthropy - The Senate on Sunday approved a spending bill for fiscal 2010 that increases the budget for national-service programs and provides $50-million for the new Social Innovation Fund.
The bill raises the Corporation for National and Community Service’s budget to almost $1.15-billion — up from about $890-million in 2009. However, it cuts the budget for a Volunteer Generation Fund to $4-million, down from $10-million proposed by President Obama, and allocates only $1-million for the Nonprofit Capacity Building Program, down from $5-million proposed by the original congressional sponsors.