Financial Education and Asset-Building Grantees - 2015

Organization Area served Purpose Amount
Able Works San Mateo To bring economic self-sufficiency to 50 young single mothers (ages 18-30) and 70 children by helping them move from merely surviving to thriving. $35,000
AnewAmerica Community Corporation Santa Clara To build economic security in underserved communities in Santa Clara County through expanded tax preparation assistance, financial literacy education and one-on-one counseling. $15,000
Building Skills Partnership Both To improve the financial stability of immigrant property service workers and their families through financial education and free tax-preparation programs. $15,000
Catholic Charities of Santa Clara County Santa Clara To provide educational workshops and assistance to individuals and families, helping them implement Individual/Family Financial Opportunity Plans designed to improve their knowledge and application of sound financial practices. $35,000
City of South San Francisco San Mateo To increase financial knowledge and facilitate behavior change in adult literacy students, EITC filers and low-income immigrants so that they become more economically resilient and build assets that provide hope for the future. $40,000
Community Financial Resources Both To provide behavioral pathways to asset building through low-cost, consumer friendly bank accounts offered through collaborating community organizations. $50,000
Community Legal Services of East Palo Alto San Mateo To support Secure Future$, a financial skills program that helps residents learn to effectively manage their personal and household finances, participate in the banking system, build and repair credit and establish assets. $60,000
Family Supportive Housing, Inc. Santa Clara To deliver targeted financial education to homeless families, combining weekly money management classes in a peer cohort with one-to-one case management sessions that key learning to each family’s unique needs and goals. $25,000
HIP Housing San Mateo To build wealth and economic security of low- and moderate-income clients through the implementation of the Self-Sufficiency Program. $25,000
Housing and Economic Rights Advocates San Mateo To connect vulnerable communities to reputable and affordable asset-building tools and services while providing legal financial counseling and assistance to reduce high-cost debt and improve credit. $20,000
InnVision Shelter Network Both To expand the Smart Money education program that provides a series of financial literacy and money management workshops at nine homeless shelters throughout the Silicon Valley and San Francisco Peninsula. $25,000
JobTrain, Inc. Both To increase economic security of low-income individuals by leveraging the expertise of JobTrain and MyPath, in a collaborative that will help individuals gain financial literacy, repair credit and build assets. $35,000
Juma Ventures Santa Clara To combine employment, financial capability and academic support to help low-income Santa Clara youth become the first in their families to complete a four-year college education. $25,000
MyPath Both To expand the implementation and evaluation of MyPath Credit, MyPath’s highly impactful credit building and financial coaching model, at Year Up San Jose with the integration of financial products from Self-Help Federal Credit Union. $35,000
Opportunity Fund Northern California Both To help Silicon Valley’s low-income families establish positive long-term savings behavior while building a path to financial stability and economic mobility through financial coaching and savings for education or emergencies. $35,000
Peninsula Family Service San Mateo To support financial education and build credit and assets through a menu of services, including vehicle loans, prepaid debit cards, secured credit cards, individual development accounts and peer lending services for low to moderate income families. $40,000
Philanthropy New York, Inc. (Fiscal Sponsor for Asset Funder's Network) Both To support the Bay Area Asset Funders Network (BA AFN) with the goal of increasing the capacity of our members to effectively promote economic resilience for families and communities across the Bay Area. $10,000
Puente de la Costa Sur San Mateo To support Puente's "Rural Tax Preparation and Financial Literacy for Agriculture Workers" program, which provides free tax preparation for 100 agriculture working families each year, as well as financial literacy training for them. $15,000
Sacred Heart Community Service Santa Clara To support Asset Building for Independence, which provides comprehensive integrated services designed to improve the financial stability and economic self-sufficiency of low-income individuals and families in Santa Clara County. $50,000
Samaritan House San Mateo To empower low-income individuals and families to achieve financial behavior-change and long-term economic self-sufficiency through a bilingual, progressive, in-house financial coaching program. $40,000
Self-Help Economic Development, Inc. Santa Clara To increase the financial capability of the underserved, particularly immigrants and low-income people in Santa Clara County, through financial services offered in a new full-scale credit union branch and on-line platform. $40,000
Single Stop Both To support Single Stop, in partnership with Tax-Aid and the Food Bank for New York City, in launching a virtual tax pilot with an incentive-based savings component at JobTrain in Menlo Park, CA, and one other community partner in Silicon Valley. $20,000
Tax-Aid San Mateo To increase the economic security of individuals and families with low incomes in San Mateo and Santa Clara counties by offering free tax preparation services and anti-payday lending education. $25,000
Tides, Inc. (Fiscal Sponsor for Pacifica Resource Center) San Mateo To continue providing asset-building strategies as part of its core services. $40,,000
Tower Foundation of San Jose State University (Fiscal Sponsor for CommUniverCity Money Matters) Santa Clara To leverage a proven curriculum and partnerships to help low-income, minority San Jose families obtain basic financial knowledge, build assets and take control of their finances. $30,000
Transnational Institute for Grassroots Research and Action Both To support financial capability and leadership development in Santa Clara and San Mateo counties with the goal of empowering immigrant families eligible for DACA and DAPA, as well as newly arrived citizenship-eligible Filipinos. $20,000
United Way of the Bay Area San Mateo To improve the economic security of individuals and families in San Mateo County by seeking to transform the financial behaviors of clients to help them achieve long-term economic stability. $40,000
West Valley Community Services of Santa Clara County, Inc. Santa Clara To help families achieve economic security by providing a comprehensive financial education, employment and asset building program that integrates four services of benefits assistance, employment services, asset building and money management. $20,000
    Total $865,000