Grant Opportunities

Application Deadline: April 10th, 2020

Summer Jobs Connect: Banking Access and Financial Education for Summer Youth Employment Programs

The CFE Fund is seeking proposals for a new cohort of Summer Jobs Connect grantees. These grants will support innovative programmatic approaches to helping municipally-led Summer Youth Employment Program (SYEP) participants open safe bank or credit union accounts and receive financial education services. Building off six successful years of Summer Jobs Connect programming, the CFE Fund will assist a new cohort of up to 6 additional local municipalities with a planning grant to develop their approach to connect SYEP participants to the financial mainstream. Applicants must manage an existing municipal SYEP and have the ability to make the necessary programmatic, structural, and technological adjustments to build in a banking access component at scale.

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Rolling Deadline

Bank On Funding

The CFE Fund has a number of funding opportunities to support banking access efforts:

Start-Up 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 accepting applications on a rolling basis; please follow the instructions on the “Bank On Funding Pre-Application” form to apply for this grant.

Capacity Grant: The CFE Fund’s Bank On Capacity Grant aims to assist leadership of local Bank On coalitions in expanding banking access by providing capacity support for an existing Bank On coalition that has, or envisions, coalition leadership that is at least half time of that person’s portfolio. 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 is accepting applications on a rolling basis; please follow the instructions on the “Bank On Funding Pre-Application” form at the link to apply for this grant.

Integration Grant: The CFE Fund’s Bank On Integration 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 through programming that makes regular payments (e.g. wages, cash benefits, payments, stipends). The CFE Fund is accepting applications on a rolling basis; please follow the instructions on the “Bank On Funding Pre-Application” form at the link to apply for this grant.

Innovation Grant: The CFE Fund supports a number of innovative local and multi-city efforts to improve banking access. Combined with our robust learning community, lessons learned from these investments provide key insights for the field. The Innovation Fund Grant supports the development of replicable, large-scale ideas that connect underserved populations to certified accounts to enable households to preserve their earnings and build assets. The CFE Fund will make grants 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; please follow the instructions on the “Bank On Funding Pre-Application” form at the link to apply for this grant.

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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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