FUNDER PROFILES
CITIES FOR FINANCIAL EMPOWERMENT FUND
Youth and Young Adult Financial Well-being Philanthropic Approach
General Overview
Part of a broader financial well-being investment strategy
- 14-18 years old
- 18-24 years old
- College students
- Immigrant youth
- LGBTQ+ youth
- Opportunity youth (young people, typically aged 16 to 24, who are not engaged in school or employment)
- System-involved youth (e.g.—child welfare, juvenile justice, homelessness, mental health)
- Transition-age foster youth
- Young parents
- Youth with disabilities
- Middle Atlantic (NJ, NY, & PA)
- East North Central (IL, IN, MI, OH, and WI)
- West North Central (IA, KS, MN, MO, NE, ND, and SD)
- South Atlantic (DE, DC, FL, GA, MD, NC, SC, VA, & WV)
- East South Central (AL, KY, MS, and TN)
- West South Central (AR, LA, OK, and TX)
- Mountain (AZ, CO, ID, MT, NV, NM, UT, & WY)
- Pacific (AK, CA, HI, OR, and WA)
- National
Financial Well-Being Investment/Interest Areas
Educational Programs
Investing in financial education, financial capability, job readiness, or mentorship programs that benefit youth
Program Evaluation
Funding evaluations of existing programs to measure impact and identify best practices
Needs Assessments
Supporting research to understand the specific needs and challenges of youth populations in various communities
Data Collection and Analysis
Investing in studies that gather data on youth outcomes and financial well-being
New Initiatives
Funding pilot programs or innovative approaches to addressing youth financial well-being, such as new technologies, financial tools, or peer-led programs
Advocacy
Supporting efforts to inform local, state, or national policies that improve youth access to education, employment, and financial stability
Systems Change
Investing in initiatives that seek to reform systems (education, criminal justice, child welfare) to create better opportunities for youth
Nonprofit Support
Providing funding to build the capacity of organizations that serve youth, improving their ability to deliver high- quality services and reach more young people
Youth-Led Initiatives
Funding programs that empower youth to design and lead initiatives addressing issues that affect them directly
Family and Community Support
Supporting programs that engage young parents, families, and communities in fostering youth development and financial well-being.
Partnerships
Funding collaborations between nonprofits, schools, businesses, and government agencies to maximize impact on youth development and financial well-being
Peer Learning and Exchange
Supporting networks or platforms where youth-serving organizations can share knowledge, resources, and best
practices
We support Summer Jobs Connect (SJC), which embeds banking access and targeted financial education into municipal Summer Youth Employment Programs in 41 cities and counties
Supporting and Sustaining (Growth Phase)
Providing support to nonprofit partners (e.g., technical assistance, communications, advocacy, policy work), and sustaining the work through peer learning, narrative change, and more
The Annie E. Casey Foundation
Conrad N. Hilton Foundation