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Kudos to Carla: REDF Receives $3 Million Grant

TPI would like to extend a big congrats to Carla Javits, CEO of REDF and Board Member at TPI for REDF’s receipt of a $3 million grant by the Corporation for National and Community Service under the Social Innovation Fund (SIF).  REDF is one of 11 national recipients, and the only California-based grantee, to receive a grant from the First Annual SIF Grant.  The $3 million grant, which will be given out over a period of two years, is certain to help REDF achieve its mission to transform the lives of Californians overcoming homelessness, addiction, incarceration and more through the creation of jobs and economic opportunity.

On her blog today, Carla said that in order to carry out the grant, REDF commits to: 

  • Put thousands more Californians to work by investing in social enterprise growth and job creation in the Bay Area and around the State; and
  • Develop a replicable, scalable, sustainable model of social enterprise by:
    • A more rigorous demonstration of its impact on job retention and wages;
    • An assessment of the cost-effectiveness and ‘social return on investment’ of social enterprise as compared to other approaches; and
    • Showing how these enterprises can grow in different geographic regions of California

She added in a related article, “We are honored to receive this grant, a signal of public support that will build momentum and strengthen our current initiatives, while allowing us to embark on a statewide expansion of our programs.”

The Social Innovation Fund is an initiative enacted under the Edward M. Kennedy Serve America Act aimed to address urgent national challenges and expand effective solutions through public-private funding in the areas of economic opportunity, healthy futures, and youth development and school support.  The Corporation for National and Community Service, through which the grant will be issued, is a federal agency that engages more than five million Americans in service through a variety of programs, including AmeriCorps, and leads President Obama’s national call to service initiative, United We Serve.

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