September 6, 2010
Why Did Federal Fund Send Money to Wealthy and Lackluster Groups?
Despite the hype created by the Obama administration about the Social Innovation Fund, its signature program for nonprofit organizations, there is simply not much there.
After the fund announced its first round of grants in July, it has become increasingly clear that the fund is in a shambles. It is unlikely to produce any serious innovation, in large part because it has steered clear of financing grass-roots groups that are undertaking some of the most interesting new approaches in
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