Next Generation Municipal Financial Empowerment Award
Funding Amount
Not stated
Deadline
Deadline not published
Grant Type
Foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Other requirements
- New mayoral administrations
- City leaders with emerging financial empowerment initiatives
Overview
Award recognizing and supporting emerging municipal financial empowerment leaders and innovative ideas from new mayoral administrations.
Purpose:
- Grows the municipal financial empowerment field by cultivating and supporting innovative ideas from new mayoral administrations
- Supports new mayors looking to establish financial empowerment initiatives
Eligible Applicants:
- New mayoral administrations
- City leaders with emerging financial empowerment initiatives
Selection Process:
- Competitive RFP (Request for Proposal) process
Past Recipients (May 2015):
- Five U.S. mayors were selected through the competitive RFP process, including Boston Mayor Martin J. (and others)
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
Focus Areas & Funding Uses
Fields of Work
- Economic services
- Community development
Categories
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