- September 2010
- IRA Rollover Remains on Hold
- Estate Tax Bill Introduced by Senate
- Campaign-Finance Bill Stalls in Senate, Alleviating Advocacy Groups' Concerns
- Federal Government Awards $50 Million in First Set of Innovations Grants
- Supreme Court Decision Delivers Blow to Human-Rights and Aid Groups
- Supreme Court’s Ruling in College Case Could Impact Charities
- HHS Proposes HIPAA Regulations Changes Affecting Fundraising
- Religion-Based Groups Protest Restrictions in Bill
- Senator Wants More Disclosure by Non Profits about Donors
- Coalition Wants Charity Stipulation in Boston Hospital Deal
- States Seeks to Limit Nonprofit CEO Pay as Part of Budget-Cutting Efforts
- Two NY Charities Refuse to Return Gifts from Donor Convicted of Fraud
- Oregon Wants to Close Vets Charity Over Telemarketing Fees
- Florida Bars Fund Raising by Veterans Group
- NY Governor Signs Law to Limit Charitable Deductions for Wealthy
- Law Suit Claims Mismanagement Killed NY Hospital
- IRS Offers Small Charities ‘One-Time Relief’ Through Extended Deadline
- U.S. Postal Service Proposes Rate Increase
- All Pages
Federal Government Awards $50 Million in First Set of Innovations Grants
The Social Innovation Fund, a White House effort to pump millions of private and public dollars into projects that are effectively tackling pressing social problems, awarded its first round of grants totaling nearly $50-million. Among the biggest winners: job training and workforce-development programs.
The Corporation for National and Community Service, which operates the Social Innovation Fund, announced 11 grants—ranging in size from $2-million to $10-million each – to intermediary organizations, which will in-turn award money to nonprofit groups working in the areas of economic opportunity, youth development, and healthy habits. Both the grant makers and the nonprofit groups are required to provide matching funds, which so far total $74-million and are expected to exceed $150-million.
Note: Moving to defuse a growing controversy over how it awarded these SIF grants, the federal government has posted online the applications of the organizations which won the money, along with the ratings and comments they received.