The Social Innovation Forum (SIF) was recently awarded a grant of $50,000 by the Boston Foundation. The grant will support SIF’s ongoing work to promote effective and sustainable nonprofits in the greater Boston area.
The grant from the Boston Foundation, along with a recent two-year $100,000 commitment from the Barr Foundation, will help SIF to build out its “marketplace” approach, which aligns that strengths and passions of investors and social good organizations to more effectively address complex social problems. As a critical part of this work, SIF will focus on building a racially and ethnically diverse community focused on social impact.
“Our organization is at an exciting inflection point in our work. Having acquired the Next Mile Project and its 5,000+ square foot coworking space in downtown Boston, we are poised to create an exciting place for our social change marketplace of innovators, entrepreneurs, funders, and supporters,” said SIF Executive Director Susan Musinsky. “This grant from the Boston Foundation will give us additional resources to leverage this space to enhance nonprofit effectiveness, while also supporting our continued work to reflect racial and ethnic diversity across all sectors of the SIF network.”
The Social Innovation Forum was founded in 2003 as a program of Root Cause and was incorporated as an independent nonprofit organization in 2015. To date, SIF has directed more than $28 million in cash and in-kind services to more than 100 social impact organizations, which touched more than 250,000 lives in 2016.
The Boston Foundation, greater Boston’s community foundation, is one of the oldest and largest community foundations in the nation, with assets of some $1 billion. In 2015, the Foundation and its donors made more than $135 million in grants to nonprofit organizations and received gifts of nearly $123 million. For more information about the Boston Foundation, visit tbf.org or call 617-338-1700.