Funding Amount

$75,000 - $100,000

Deadline

Deadline not published

Grant Type

Foundation

Overview

Technical assistance award to city leaders interested in replicating the Financial Empowerment Center initiative.

Focus Areas:

  • Replicating the evidence-based Financial Empowerment Center model developed in New York City
  • Capacity building and technical assistance for implementing financial counseling programs

Award Details:

  • Award Amount: $75,000 to $100,000 in in-kind technical assistance (not direct grant funding)
  • Geographic Scope: Multiple cities across the United States
  • Eligible Applicants: Mayors and city leaders interested in implementing the Financial Empowerment Center model

Important Notes:

  • Selected cities receive no direct grant funding from the CFE Fund
  • Cities must identify other public or private funding sources to cover program operations
  • Award includes robust technical assistance and capacity building resources at no cost
  • Cities that received this grant include: Cleveland, OH; Hartford, CT; Hawai'i County, HI; Los Angeles, CA; Miami, FL; San Francisco, CA; and Seattle, WA (as of February 2014)

Contact Information:

  • Cities for Financial Empowerment Fund
  • 44 Wall Street, Suite 1050
  • New York, NY 10005
  • Phone: 646.362.1638
  • Website: cfefund.org

What Cities for Financial Empowerment Fund Inc actually gave

Source: IRS Form 990, 2025

Grants in 2025
85
Total given
$4.95M
Median grant
$50K
Range
$20K–$280K
  • By dollars: Tennessee 8%, Wisconsin 8%, California 7%. Top recipient cities: Milwaukee, WI; Sacramento, CA; Memphis, TN.
  • 0% of grants with a stated purpose were for general or operating support.
  • 30% of recipients were new grantees, not repeat recipients.

Example grants

  • Equal Justice Works · Washington, DC

    Facilitate a legal fellowship program to provide legal assistance to fec clients

    $280K

  • City of Charleston SC · Charleston, SC

    Launching a local financial empowerment center (fec) initiative

    $200K

  • City of Philadelphia · Philadelphia, PA

    Launching a local financial empowerment center (fec) initiative

    $185K

  • City of Kansas City MO · Kansas City, MO

    Convening stakeholders and creating a municipal financial empowerment blueprint

    $100K

  • City of Little Rock AR · Little Rock, AR

    Supporting a full-time leader to plan a municipal office of financial empowerment

    $100K

IRS Form 990, 2025. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Capacity building
  • Nonprofits
  • Economic services

Categories

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