United Way of York County is accepting Letters of Interest for its Financial Stability Partner Grants.
Donor Name: United Way of York County
State: South Carolina
County: York County (SC)
Type of Grant: Grant
Deadline: 12/16/2022
Size of the Grant: 3,000
Details:
This funding opportunity is an invitation to join United Way of York County (UWYC) in their Bold Goal to help 3,000 York County families achieve financial stability by 2030. Key components of this initiative include program performance evaluation, shared performance measures, and collaboration. The three funding categories are:
- Financial Literacy
- Workforce Development
- Economic and Family Support
Funding Goals, Strategies, and Measures
All applicants must be able to describe their alignment to UWYC’s Bold Goal. UWYC will only provide funding support to organizations that have demonstrated the ability to directly address one or more financial stability priorities in the areas of Financial Literacy, Workforce Development, or Economic and Family Support.
UWYC intends to fund projects that support working families in achieving financial stability. Projects should target the root causes (financial literacy, workforce development, or economic and family support) and implement innovative solutions to:
- Improve the knowledge, skills, and employability of the local workforce
- Increase knowledge of financial literacy practices and implement sound financial practices.
- Support families on the path to financial stability
Target population for all programs must include at least one of the following:
- Participants who are unemployed, underemployed, or not earning income at the Self Sufficiency Standard for family size.
- Single female head of households
Workforce Development
- Goal 1: Improve the Knowledge, Skills, and Employability of the Local Workforce
- Target Issue 1: Many people do not have the resources in order to be self-sufficient
Strategy 1: Provide clear education paths for adults seeking employment - Strategy 2: Improve technical and soft job skills among unemployed/underemployed
Financial Literacy
- Goal 1: Participants increase their knowledge of financial literacy practices and implement sound financial practices.
- Target Issue 1: Families and adults often do not know how to manage their resources in a manner that supports financial stability.
- Strategy 1: Increase basic financial literacy among members of their community
- Strategy 2: Encourage savings and asset development within low-moderate income households
Economic and Family Support
- Goal 1 : Support families on the path to financial stability
- Target Issue 1: Many people have additional barriers to financial stability
- Strategy 1: Connect participants and families to support services that reduce barriers to achieve financial stability
Eligibility Criteria
Organizational Eligibility
- Any tax-exempt agency operating in York County is eligible if the organization meets the following requirements:
- Not-for-profit organization with 501(c)(3) status
- Government agency
- School or academic institution
- Collaborative or consortium
- Faith based organization
- The organization offering the program has an up-to-date State of SC Registration under the Solicitation of Charitable Funds Act.
- The organization is compliant with the Patriot Act.
- The organization possesses a Certified Financial Audit and has submitted an IRS form 990.
- If invited to submit a full application, organizations are required to submit the Certified Financial Audit for its most recently completed fiscal year.
- Organizations must provide the following financial documentation based on their annual revenue:
- Certified Financial Audit and IRS 990: Required for tax exempt organizations with gross financial revenue of $300,000 or more
- Financial Review and IRS 990: Required for tax exempt organizations with gross annual revenue between $100,000 and $299,999.
- IRS 990 only: Required for tax exempt organizations with gross annual revenue $99,999 or less.
Program Eligibility
- The program serves residents of the York County area; programs that serve a broader geographical range must show that funds will only be used to support York County residents.
- The organization requesting funding has been in operation for at least two years or collaborates with a community partner that has been previously vetted by UWYC.
- The program aligns with UWYC funding Goals and Strategies and can meet the required Program Measures for the impact area, goal and strategy selected.
For more information, visit Financial Stability Partner Grants.
