The St. Louis Community Foundation’s Economic Mobility Fund has launched a funding cycle focused on financial health.
Donor Name: St. Louis Community Foundation
State: Illinois, Missouri
County: Selected Counties
Type of Grant: Grant
Deadline: 09/23/2025
Size of the Grant: $100,000 to $500,000
Grant Duration: 1 Year
Details:
The Economic Mobility priority includes grantmaking in the areas of housing, financial health, and job access and creation; these sub-priority areas were identified as areas of community need and partnership opportunities, as well as high-interest areas of the community stakeholders.
This grant is for organizations and programs that provide financial education in combination with access to financial products and assets for individuals or households considered low-to-moderate income or “ALICE” households. The focus of this grant cycle is adults 18 years old and older and/or multi-generational approaches to financial education and wealth building. For the purpose of this grant, examples of financial assets include but are not limited to direct deposits for checking or savings accounts, cash, vouchers for reducing barriers, long term savings deposits, etc.
Funding Information
The Foundation has allocated $200,000 for this grant cycle.
Grant Period
12 months.
Eligibility Criteria
- Any nonprofit that is a 501(c)3 in good standing or has a fiscal sponsor and meets the requirements may apply for this funding. Neither the nonprofit nor its partner(s) is required to be physically located in the zip codes outlined in the RFP; however, preference will be given to programs or initiatives with a majority of participants from these zip codes.
- Strong applications will include:
- Organizations or programs that provide financial education and/or financial coaching, and, on their own or through partnerships, access to assets for low-to-moderate income individuals and families
- Partnerships that make financial products available to program participants within the target geography
- Programming for college-age individuals (ages 18 and above), adults, and multi-generational audiences
- Incentives for participation in and completion of the financial education program
- Funding for program participants that may include, but is not limited to, starting balances in a savings account, matches to funds saved, funds to pay down debt, down payment assistance, or other creative uses that increase net worth
- Methods for decreasing barriers to participation.
Ineligibility Criteria
- Organizational endowments
- Research initiatives
- Capital improvements
- Organizational debt reduction
- Political campaigns or to support attempts to influence legislation of any governmental body other than through making available the results of non-partisan analysis, study, and research.
For more information, visit St. Louis Community Foundation.
