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" ... Another worrisome variation on this same theme-- politically-directed goals matched with private philanthropy-- is that of the White House Social Innovation Fund. An Obama Administration initiative mounted through the Corporation for National and Community Service, it invites private donors—including corporate foundations--to match White House-directed funds dedicated to addressing select social ills—ranging from HIV/AIDS to “community-driven initiatives to combat obesity and tobacco use”. Among the causes the Fund is addressing: financial literacy. That has “leverged” funds from none other than the JP Morgan Chase Foundation, whose vice-president has observed that “this partnership reflects the core values of JP Morgan Chase”. Again, financial literacy for low-income households is an incontrovertibly important social goal. But it is also true that the Social Innovation Fund provides a vehicle for another corporation with many and varied interests to signal its “alignment” with the values of the President. Small firms and start-ups—which may seek to compete with established firms-- are in no position to make similar donations. ... "