Grant Opportunities

Application Deadline: August 9th, 2019

Financial Empowerment Center 2019 Planning Cohort

The CFE Fund’s Financial Empowerment Center (FEC) initiative, under the FEC Public platform, works to bring professional, one-on-one financial counseling as a standard public service to local governments. The CFE Fund is already supporting over two dozen cities nationwide in replicating this proven model through its funding, robust technical assistance, and national learning community.  The CFE Fund is now accepting applications from local governments to bring the FEC model of professional, one-on-one, financial counseling as a public service to up to 15 new cities and/or counties.

The FEC Public replication strategy is comprised of three distinct phases: (1) Planning, (2) Implementation, and (3) Expert Designation. Please note this application is only for the 2019 Planning cohort. For this Planning Phase, localities (city or county governments) will work toward launching a public financial counseling program using the FEC model. The CFE Fund will support these selected localities through a planning grant of $20,000, along with technical assistance to coordinate the key building blocks to launch an FEC. Local governments with populations of 75,000 or more residents are eligible to apply; applications are due by COB on August 9, 2019.

A list of Frequently Asked Questions and their answers can be found here.

The CFE Fund held an informational webinar about this opportunity, click here to view the webinar slides or click here to watch the recording.

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Rolling Deadline

Bank On Capacity Grant

The CFE Fund’s Bank On Capacity Grant aims to assist leadership of local Bank On coalitions in expanding banking access. The CFE Fund invites proposals from existing local Bank On coalitions; applicants should be coalition leaders, from either city or local government agencies, or nonprofit community organizations working in concert with local government. These capacity building grants support local coalitions in the adoption of the Bank On National Account Standards and for the ongoing operations of local Bank On efforts. The CFE Fund makes Capacity Grants of up to $25,000 on a rolling basis; in their proposal, applicants should commit to a staff member spending at least 50% (0.5 FTE) of their time leading the Bank On coalition. The CFE Fund is accepting applications on a rolling basis.

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Rolling Deadline

Bank On Startup Grant

The CFE Fund’s Bank On Startup Grant supports new or newly re-launched Bank On Coalitions in laying the foundation and developing the necessary infrastructure for coalition success. These capacity building grants will support local coalitions in the adoption of the Bank On National Account Standards and in launching or relaunching local Bank On initiatives. The CFE Fund is currently accepting applications for this funding opportunity, and will make grants of up to $5,000 on a rolling basis.

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Rolling Deadline

Bank On Innovation Grant

The CFE Fund’s Bank On Innovation Grant supports the development of replicable, large-scale programs that connect underserved populations to certified accounts to enable households to preserve their earnings and build assets. The CFE Fund will make grants of up to $50,000 on a rolling basis to implement programs or pilot projects that test new, innovative methods of reaching underserved markets, particularly through local government service channels.

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Rolling Deadline

Financial Empowerment Center Affiliates Network

With generous support from Bloomberg Philanthropies, the CFE Fund is seeking programs interested in joining its Financial Empowerment Center Affiliates Network focused on fostering learning opportunities between a diverse range of entities integrating financial counseling and coaching within government services. The Affiliates Network will bring together cities, counties, states and nonprofit organizations who provide free, one-on-one financial counseling and coaching within the context of government services. The CFE Fund will convene Affiliates both in-person and remotely to further partnerships, highlight best practices, and catalog lessons unique to integrating financial counseling and coaching within local government programs. Please note there is no funding directly associated with Affiliates Network membership, although Affiliate partners remain eligible to apply for FEC-related funding opportunities.

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Support our work

The CFE Fund is a 501(c)3 corporation; our programmatic, research, and policy efforts focus on designing, embedding, and replicating financial empowerment initiatives within the fabric of local government. Click below to partner with us.

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