$45 Million Match Is Pledged

Michelle Obama on Thursday announced that five foundations — the Eli and Edythe Broad Foundation, the Omidyar Network, the Skoll Foundation, the Open Society Institute and the Benificus Foundation — would provide a total of $45 million to match the money the government plans to grant to nonprofit groups through its Social Innovation Fund, which will help expand social programs that have proven successful. More than 20 other foundations and organizations will provide an additional $5 million so that the fund will have $100 million, half in federal money, to award beginning in July.