AARP Foundation Expands Social Innovation Fund BACK TO WORK 50+: Women’s Economic Stability Initiative to Five Community Colleges
AARP Foundation, a grantee of the Social Innovation Fund, has awarded five community colleges grants over three years to implement the BACK TO WORK 50+: Women’s Economic Stability Initiative, which will help women age 50 and older find local jobs and build the financial capability to make sound decisions that reduce debt, rebuild savings and pave the way to greater financial stability.
AARP Foundation held an open competition in November 2014 and identified five community colleges to receive subgrants that will total at least $800,000 per year for three years. The selected organizations will expand their reach to impact more people and will participate in evaluations to continue learning what works in the area of economic opportunity for low-income older adult women.
The Social Innovation Fund requires that each federal dollar granted be matched dollar for dollar by intermediary grantees and again by the organizations they select to receive grants. Therefore, AARP Foundation’s federal grant will leverage approximately $4.8 million in private funds.
Community Colleges who received the award:
- Austin Community College, Austin, TX
- Central New Mexico College, Albuquerque, NM
- Eastern Florida State College, Cocoa, FL
- Santa Fe College, Gainesville, FL
- Santa Fe Community College, Santa Fe, NM
- Miami Dade College – North Campus, Miami, FL
- Jefferson State Community College, Birmingham, AL
Social Innovation Fund (SIF), a key White House initiative and program of the Corporation for National and Community Service (CNCS), combines public and private resources to grow the impact of innovative, community-based solutions that have compelling evidence of improving the lives of people in low-income communities throughout the United States.
BACK TO WORK 50+ connects unemployed older workers with the information, training, support, and employer access they need to get back into the workforce, and to sustain financial stability once they get there. BACK TO WORK 50+ has been in place for two years and is currently being piloted in community colleges and workforce boards across the country.
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Previous Round 1 Information
SIF NOFA (PDF)