Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Obama asks for $50M for non-profit program

|
|
 
  
U.S. President Barack Obama (R) shakes hands with Sen. Ted Kennedy (D-MA) prior to signing the Edward M. Kennedy Serve America Act at an event at The SEED Public Charter School in Washington on April 21, 2009. (UPI Photo/Martin H. Simon/Pool) 
Published: May 5, 2009 at 5:43 PM

WASHINGTON, May 5 (UPI) -- U.S. President Barack Obama said he will seek $50 million for the Social Innovation Fund, which would identify and expand effective, creative non-profits.

The fund would identify what works in the nation's communities, provide growth capital for the programs and improve use of data and evaluation to raise the level and quality of programs the government would fund, the White House said Tuesday in a release.

The Social Innovation Fund, authorized in the recently signed Edward M. Kennedy Serve America Act, will focus on priority policy areas such as education, healthcare and economic opportunity, the White House said. It will partner with foundations, philanthropists and corporations that will commit resources, funding, and technical assistance.

Topics: Barack Obama
Recommended Stories
© 2009 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
  
Join the conversation
Most Popular Collections
Presidential election in Yemen The Brit Awards in London Mardi Gras in New Orleans
Linsanity Music Legends For Celebration Of Blues The fuel crisis in Gaza
Additional Top News Stories
1 of 19
President And Mrs. Obama Host Music Legends For Celebration Of Blues Music in Washington
View Caption
fark
Buying potato chips? That's a shootin' (w/photos and video)
Brain disease turns 22-year-old hottie into a toddler (w/ 'you'd spank it' pics)
If you're willing to entrust your back-room boob job to Queen Divas Hair Salon and Spa, then don't...
From the "You CAN make a difference" files: Tonight a City Council in California killed a proposal...
If you shoot "your friend" in the forehead at point blank range, saying he asked you to do it generally...
London Bridge may not be falling down but the Queensboro Bridge in New York sure as hell is