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Michelle Obama Announces $50 Million Fund for Nonprofits

By Philip Rucker
President Obama's budget for next year will include $50 million to help expand nonprofit programs across the country to promote national service, first lady Michelle Obama announced tonight at an event in New York.

The White House initiative, known as the Social Innovation Fund, is a component of the new Serve America Act. Mrs. Obama said that it would provide capital to support innovative nonprofit organizations and to help social entrepreneurs expand "their successful approaches to tackling our most pressing national challenges."

"The idea is simple: Find the most effective programs out there and then provide the capital needed to replicate their success in communities around the country," she said in a speech at Time magazine's "100 Most Influential People Awards," according to her prepared remarks, released by the White House.

Mrs. Obama added, "By focusing on high-impact, results-oriented nonprofits, we will ensure that government dollars are spent in a way that is effective, accountable and worthy of the public trust."

Mrs. Obama, who founded Public Allies Chicago, a AmeriCorps nonprofit program that prepares youth for public service, has made advocating for national service a key component of her mission as first lady.

Posted at 8:00 PM ET on May 5, 2009  | Category:  Michelle Obama
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Where can we find the forms and address to send the details of a Non-Profit that is educational and results oriented?
thanks, DR dc

Posted by: 178mypost | May 6, 2009 7:34 PM

What's another $50 million dollars here, there, and everywhere. The Obamas know no bounds.Barry thinks that pot of gold in his office is bottomless. When will the Dems wake up & tell him to face reality, & that spending like he is doing has got stop?

Posted by: afed27 | May 6, 2009 4:27 PM

I have no idea what "Whitey" film you are talking about. Maybe you are confusing me with the fake JakeD(s)?

Posted by: JakeD | May 6, 2009 12:49 PM

Tell you what: First, you come up with that famous "Whitey" film you all were so proud of during the election.

Are you really too stupid to tell this horse is dead, or are you just hoping everyone else is too stupid to notice? Keep beating it. It tells everyone worlds about you.

Posted by: nodebris | May 5, 2009 11:36 PM

The “Secret of the Rosary Films” is offering a one million dollar reward for the certified long-form birth certificate of Barack Obama. I'm sure they wouldn't mind donating that to Michelle Obama's fund.

Posted by: JakeD | May 5, 2009 8:18 PM

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