Recently, the Treasury Department announced $186 million in new CDFI investments to 210 organizations. This represents the largest single announcement of award dollars and award recipients in the history of the CDFI Fund.
White House staff and thought leaders in the impact economy are focusing on the Jumpstart Our Business startups (JOBS) Act, which enables "crowdfunding," an innovative approach to raising capital. Rather than depend on a few wealthy individuals or banks, crowdfunding supports startups by letting companies raise up to $1 million in small increments from many investors.
The Social Innovation Fund invests money in nonprofits and foundations so they can accelerate the work of high-impact organizations like the Year Up program and replicate their approaches in new localities and markets.
June 21, 2012 at 12:45 PM ET by Jonathan Greenblatt
The Department of Labor recognizes that active volunteering can help expand opportunity for unemployed individuals by enabling them to develop and maintain skills, expand their professional networks, and enhance their resumes while helping in their community.
April 20, 2012 at 7:45 PM ET by Jonathan Greenblatt
Wendy Spencer, CEO of the Corporation for National and Community Service, kicks off National Volunteer Week, a time to recognize the extraordinary benefits of service to individuals, communities, and our nation.
In support of Summer Jobs+, Pacific Gas & Electric Company (PG&E) will partner with the Boys and Girls Clubs of Fresno County to provide summer employment opportunities for underserved youth from Central Fresno.
After serving during the Gulf War, working as an AmeriCorps member offerd Todd Schnittke the unique opportunity to serve others in his community—especially active duty personnel and veterans—while earning the money he needed to attend college.
For Bizunesh Scott, Special Assistant to the President for Presidential Personnel, the AmeriCorps program offered hope in a time of economic and personal struggle and prepared her for leadership through a full-time nonprofit apprenticeship and rigorous leadership training.
Since its founding, more than 706,000 men and women have joined AmeriCorps and pledged to “get things done for America.” The selfless and caring citizens that join AmeriCorps confirm the adage that tomorrow can be better than today if we each extend a helping hand to our neighbors.
March 12, 2012 at 5:02 PM ET by Jonathan Greenblatt
Marta Urquilla, Senior Policy Advisor to the White House Office of Social Innovation and Civic Participation, reflects on this week's Champions of Change and the extraordinary impact they are having in communities, in schools, and in the workplace.
Dr. Jill Biden and Secretary Arne Duncan congratulated 120 community colleges that – due to exceptional student outcomes – were selected by the Aspen Institute to compete for the inaugural $1 million Aspen Prize for Community College Excellence.
Divya Kumaraiah, Policy Assistant to the White House Office of Social Innovation and Civic Participation, shares the story of an innovative community organization in Sommerville, MA that is greening the community by education and engaging youth.