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Mrs. Obama Announces New Fund to Aid Nonprofits

May 19, 2009/

The first lady, Michelle Obama, ventured publicly into the policy realm on Tuesday, announcing that the Obama administration planned to create a $50 million “social innovation fund” to help finance and expand promising nonprofit agencies.

By RACHEL L. SWARNS

Full Story: http://www.nytimes.com/2009/05/06/us/politics/06michelle.html?mc_cid=ddfbd2d42f&mc_eid=dfa0607b67

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