What is SIF
The Corporation for National and Community Service created the Social Innovation Fund (SIF), a key White House initiative intended to “create a learning network of organizations working to implement innovative and effective evidence-based solutions to local and national challenges in three priority areas: economic opportunity, healthy futures, and youth development.” (From NationalService.gov)
The Corporation for National and Community Service has awarded a Social Innovation Fund (SIF) grant to Nebraska Children and Families Foundation. The grant will be used to expand the successful older youth system of care model to rural communities across the state to help unconnected youth become contributing, independent citizens.
Over the next 5 years, a total of $15 million will be invested in rural Nebraska communities thanks to the SIF grant.
- $5 million in federal funds ($1 million per year for 5 years)
- $5 million in private match funds ($1 million per year for 5 years)
$5 million in dollar-for-dollar match dollars from the communities
that receive SIF subgrants Jim Casey Youth Opportunities, a national expert on unconnected youth, estimates that each annual class of young people who age out of care cost Nebraska approximately $90 million over their lifetime in lost tax revenue, criminal justice expenses and public assistance costs. Outcomes are similar for those with juvenile justice experience.