Thursday, October 6, 2011

what about the little guys?

In The Economist article "Let's Hear Those Ideas," the author discusses how President Obama's Social Innovation Fun gave about $50million to nonprofit organizations. This number is impressive, and the initiative itself is something to be commended, but as the article points out, this money is only going to some of America's most successful nonprofits. This makes me wonder, what about the social innovators who haven't gotten enough traction to prove themselves just yet? The Social Innovation Fund is certainly an inspiring program, and one that is sure to provide the resources for many organizations to do great things. However, it seems that is only already successful organizations will reap the benefits of such a program, then the program itself is rather shortsighted. There are so many social innovators and other worthwhile nonprofits who are just starting out, or are operating on a smaller scale than organizations like Teach for America. TFA is a great organization and it does great things for underserved schools, but most nonprofits aren't luck enough to have tens of thousands of college graduates vying for the chance to work with them. It seems like a program like The Social Innovation Fund would have an even greater impact if some of their funds were spread amongst smaller nonprofits. If some of these organizations were able to get the funds they need to broaden their reach, maybe they could one day become as successful as TFA.

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