"Learn and Serve America 2008" funding is available from the Corporation for National and Community Service, as described here. An expected twelve grants -- ranging from $100 K to $750 K -- will assist higher education consortia or higher education partnerships with non-profits to enhance student engagement in service through the use of social media.
Grantees may make subgrants to seed student-driven projects, and at least one grant will be made in which social media are used to promote, review, and award such subgrants. The deadline for applications is May 7, 2008.