The Consumer Financial Education Fund supports projects that relate to consumer financial education, with an emphasis on issues related to just and equitable banking, basic banking, financial literacy, access to financial services, retail banking accounts, and underbanked and/or vulnerable populations.
Donor Name: Rose Foundation for Communities and the Environment
State: Selected States
County: All Counties
Type of Grant: Grant
Deadline: 03/01/2024
Size of the Grant: $10,000 to $100,000
Grant Duration: 1 Year
Details:
Additional Preference will be given to:
- Accessibility
- Projects that disseminate information in multiple languages.
- Meaningful Metrics
- Applicants who can clearly define their desired outcomes and express quantitative and qualitative metrics that will measure progress made towards those outcomes during the grant period.
- Far-reaching results
- Projects designed to affect long-term consumer behavior by changing habits and teaching clients how to independently maintain good financial standing for future years and/or which can demonstrate long term behavior change or improvement beyond a simple pre/post educational session test metric.
- Advocacy
- Projects combining education with consumer advocacy to promote fair and equitable banking practices and protect vulnerable populations from predatory banking. This may include policy and/or regulatory development and implementation and related research, but advocacy projects should have clear targets and include immediate outcomes which are achievable within the grant period.
Funding Information
- The maximum allowable total request is $100,000, even for multi-year proposals.
- It is expected that most proposals will be for 12-month grant periods.
Eligibility Criteria
Applicants must meet all the following criteria to qualify for this fund:
- The applicant must demonstrate experiences in consumer education or advocacy, especially related to financial literacy.
- The applicant must be a 501(c)(3) nonprofit or be fiscally sponsored by a 501(c)(3) nonprofit. Nonprofit colleges, universities, university clinics and graduate programs are eligible to apply, but university overhead is limited to 5% of grant award.
- An applicant’s principal place of business must be in the United States, and the project must be conducted in one or more of the following states: Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, or Washington, D.C.
- None of the grant funds may be used to finance, promote, or facilitate any litigation.
For more information, visit Rose Foundation.
