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The White house introduce the Social Innovation Fund (SIF)

America is facing some of the greatest challenges in a generation. At the same time, promising nonprofit organizations across the country are making heroic efforts to meet overwhelming need and, implement effective and innovative ways to meet these challenges. But their impact is often hampered by a lack of resources and support to evaluate and improve their programs, and expand them so they can serve more communities of need.

The SIF will direct funding through innovative, hands-on grant makers (or intermediaries) across the country. These grant makers will identify fund and support over a period of years promising nonprofit organizations working in low-income communities.

Source: http://www.whitehouse.gov/b...