Page:United States Statutes at Large Volume 123.djvu/1588

 123STA T . 1 568PUBLIC LA W 111 – 13 — AP R .21 , 2 0 0 9‘ ‘ (I)wil l me e t t h e r e qu ireme n t sfo r p ro v i d in g m a t c hing funds specified in su b section ( k ) ‘‘( 6 ) information about the eligible entit y, including its e x perience managing collaborative initiatives, or assessing applicants for grants and evaluating the performance of grant recipients for outcome - focused initiatives, and any other rel- evant information; ‘‘( 7 ) a commitment to meet the requirements of subsection (i) and a plan for meeting the requirements, including informa- tion on any funding that the eligible entity has secured to provide the matching funds required under that subsection; ‘‘( 8 ) a description of the eligible entity ’ s plan for providing technical assistance and support, other than financial support, to the community organi z ations that will increase the ability of the community organizations to achieve their measurable outcomes; ‘‘( 9 ) information on the commitment, institutional capacity, and expertise of the eligible entity concerning — ‘‘( A ) collecting and analyzing data required for evalua- tions, compliance efforts, and other purposes; ‘‘( B ) supporting relevant research; and ‘‘( C ) submitting regular reports to the Corporation, including information on the initiatives of the community organizations, and the replication or expansion of such initiatives; ‘‘( 10 ) a commitment to use data and evaluations to improve the eligible entity’s own model and to improve the initiatives funded by the eligible entity; and ‘‘(11) a commitment to cooperate with any evaluation activi- ties undertaken by the Corporation . ‘‘(h) SEL E CTION C R ITERI A .—In selecting eligible entities to receive grants under subsection (d), the Corporation shall— ‘‘(1) select eligible entities on a competitive basis; ‘‘( 2 ) select eligible entities on the basis of the quality of their selection process, as described in subsection (g)( 5 ), the capacity of the eligible entities to manage Social Innovation F unds, and the potential of the eligible entities to sustain the Funds after the conclusion of the grant period; ‘‘( 3 ) include among the grant recipients eligible entities that propose to provide subgrants to serve communities (such as rural low-income communities) that the eligible entities can demonstrate are significantly philanthropically underserved; ‘‘( 4 ) select a geographically diverse set of eligible entities; and ‘‘(5) take into account broad community perspectives and support. ‘‘(i) M ATC H IN G F U N DSF OR G RANTS.— ‘‘(1) IN GENERAL.— T he Corporation may not make a grant to an eligible entity under subsection (d) for a Social Innovation Fund unless the entity agrees that, with respect to the cost described in subsection (d) for that Fund, the entity will make available matching funds in an amount equal to not less than $ 1 for every $1 of funds provided under the grant. ‘‘(2) ADDITIONAL RE Q UIRE M ENTS.— ‘‘(A) T YP E AND SOURCES.—The eligible entity shall pro- vide the matching funds in cash. The eligible entity shall provide the matching funds from State, local, or private