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Next Generation Municipal Financial Empowerment Award

Cities for Financial Empowerment Fund Inc

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

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

Focus Areas & Funding Uses

Fields of Work

  • Economic services
  • Community development

Categories

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