November 21, 2012

Second Social Innovation Fund Director Resigns

After less than two months as director of the Social Innovation Fund, Idara Nickelson is leaving the job to work for an international nonprofit, the Corporation for National and Community Service announced Wednesday.

Ms. Nickelson took over as the fund’s director when Paul Carttar left the post in late September after a two-and-a-half-year tenure. She was also working as the corporation’s chief investment officer. Ms. Nickelson joined the corporation in 2008 and also served as director of budget and performance and chief of program operations.

Her last day will be Dec. 14. Lois Nembhard, deputy director of operations for the Social Innovation Fund, will serve as acting director.

“We are all going to miss Idara’s sharp intellect, warm sense of humor, and amazing energy,” the corporation’s chief executive, Wendy Spencer, said in a written statement.

Ms. Nickelson is leaving to become chief of staff for Counterpart International, a $60-million international-development organization in Arlington, Va.

Since its creation in 2010, the Social Innovation Fund has made $140-million in grants to 20 regional grant-making organizations. Those groups work with networks of nonprofits to deliver services focused on economic opportunity, youth development, and health. Both the grant makers and the nonprofits are required to match the grants dollar for dollar.