Barack Obama’s “Social Investment Fund Network”

By ckelly08

I thought it would be interesting to write about Barack Obama’s plan to help out the nonprofit sector. On his website www.barackobama.com there is a ’service’ section where he lists his plans with regard to community service.  One of the is to create the Social Investment Fund Network which will ” use federal seed money to leverage private sector funding.” There will also be an agency dedicated to helping the nonprofit sector.

3 Responses to “Barack Obama’s “Social Investment Fund Network””

  1. hkoren88 Says:

    I am also interested in Obama’s plans for the sector. I do think the Social Investment Fund Network is very interesting. I wonder using federal seed money for the private sector will bring the 2 sectors closer together. I also wonder if more responsibilities will be put on the civil sector as opposed to the government.
    -3:57pm

  2. sfmindtrap Says:

    Just a clarification:

    The Social Investment Seed Fund will most likely work to match government funds with private funds to then be used to invest in the nonprofit sector. Most likely it would be used to scale up (make bigger) nonprofits that are doing exceptional work in their field such as YouthBuild (http://www.youthbuild.org/site/c.htIRI3PIKoG/b.1223921/k.BD3C/Home.htm) or Teach for America (http://www.teachforamerica.org/), two of Obama’s favorite programs.

    From a right-leaning article: “The party promises to “support these results-oriented innovators” by creating an office to “coordinate government and nonprofit efforts” and then showering “a series of grants” on the chosen groups “to replicate these programs nationwide.”" The article calls this a “taxpayer-backed pipeline to Democratic-partisan outfits masquerading as public-interest do-gooders.” – http://www.nypost.com/seven/08202008/postopinion/opedcolumnists/a_soros_slush_fund_125233.htm?page=0

    You gotta love partisan politics, lol

  3. Ian Cohen Says:

    I have read several posts discussing what Obama and his new administration plans to do for the non-profit sector. After looking over his proposal i am confused as to what exactly this does for the non-profit sector. Although, i am optimistic that he will deliver some form of aide to the non-profits.

    I saw no direct outline of what will be done to help specific areas struggling within the non-profits.

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