Social Innovation Fund Issues Call for Grant Proposals

Feb. 18, 2010, Chronicle of Philanthropy— The Corporation for National and Community Service issued its final notice today on how it plans to spend the Social Innovation Fund, paving the way for organizations to prepare their grant applications.

The notice includes several changes to an outline that the agency issued last month on how it would award the $50-million in grants designed to help nonprofit groups expand promising approaches to social problems. Notably, the agency cut the minimum grant award from $5-million to $1-million—responding to concerns that it would be difficult for some applicants to produce the required matching funds for the higher amount.