Financial Education and Asset-Building Grantees - 2016

Organization Area served Purpose Amount
MyPath Both To engage low-income working youth and provide savings and credit-building pathways, in partnership with Year Up San Jose, Self-Help Federal Credit Union, work2future and Alliance Credit Union. $70,000
Renaissance Entrepreneurship San Mateo To support Secure Future$, a financial education, coaching and savings program that seeks to help English and Spanish speaking women, men and youth to develop sound fiscal behaviors, access financial services, grow assets and build credit. $60,000
United Way of the Bay Area Both To improve the economic security of households in San Mateo and Santa Clara counties through tax preparation and savings assistance at VITA sites in both counties and  offering integrated financial and career services at existing SparkPoint Centers in San Mateo County and a new SparkPoint Center in Santa Clara County. $100,000
Able Works San Mateo To bring economic self-sufficiency to 50 young single moms and 70 children by helping them move from merely surviving to thriving. $40,000
AnewAmerica Community Corporation Santa Clara To build the economic security of underserved communities in Santa Clara County through training, one-on-one coaching and guided access to vetted financial products and services. $40,000
ASIAN, Inc. Santa Clara To support a comprehensive financial literacy toolkit and creation of accompanying training videos that will help frontline staff and volunteers provide financial information in diverse Asian languages. $25,000
Building Skills Partnership Both To expand capacity to offer financial education and free tax preparation paired with personalized coaching, counseling and behavior change asset-building tools to Silicon Valley’s working poor. $50,000
Community Financial Resources Both To provide behavioral pathways to asset-building through low-cost, consumer friendly bank accounts and financial products offered through numerous community partners. $50,000
Family Supportive Housing, Inc. Santa Clara To deliver targeted financial education to homeless families with one-on-one case management that focuses learnings to each family’s unique needs and goals. $25,000
HIP Housing San Mateo To empower low-income families to create wealth and long-term economic security, through financial education and asset-building. $35,000
Housing and Economic Rights Advocates San Mateo To help vulnerable populations boost economic security through legal financial coaching and connection to reputable and affordable asset-building tools and services. $20,000
Juma Ventures Santa Clara To support delivery of Juma's financial capability supportive services to 100 low-income Santa Clara youth employed through its social enterprise program. $25,000
LifeMoves Both To expand an innovative wraparound program with customized services that address financial needs of homeless families and individuals across Silicon Valley. $35,000
Opportunity Fund Northern California Both To support Silicon Valley’s low-income families to 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
Pacifica Resource Center San Mateo To continue providing integrated asset-building strategies as part of its core services, including free income tax preparation and financial coaching to low-income Pacifica households. $50,000
Peninsula Family Service San Mateo To support financial education and coaching, and provide access to affordable auto loans, prepaid debit cards, individual development accounts and peer lending services for low- to moderate-income families and individuals. $40,000
Puente de la Costa Sur San Mateo To support Puente's Rural Tax Preparation and Financial Literacy for Agriculture Workers program that provides free tax preparation and one-on-one financial literacy training to 115 agriculture working families. $25,000
Sacred Heart Community Service Santa Clara To support the Economic Empowerment Program to build pathways to self-sufficiency through employment and financial coaching and mutual support, community advocacy and power building, financial stability and asset-building among low-income families. $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. $50,000
Self-Help Economic Development, Inc. Santa Clara To increase the economic security of low- and moderate-income families by providing access to responsible financial services through an expanded full-service credit union in San Jose and build-out of a mobile platform to reach underserved communities. $50,000
South San Francisco Public Library 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
Tax-Aid Both To improve the economic security and financial knowledge of individuals and families with low incomes in San Mateo and Santa Clara counties by offering free tax preparation services and financial education. $40,000
    Total $955,000