SVCF supports financial education innovators with $100,000 grants to boost low-income family security

 

Two outstanding and innovative financial education initiatives have been chosen to receive $100,000 each as part of Silicon Valley Community Foundation’s 10-year anniversary competitive grantmaking initiative; MyPath Credit and E-FAST, a project of AnewAmerica Community Corporation and Centro Community Partners.

The special initiative, announced last year, was designed to jump-start creative solutions in each of four areas that have long been strategically important to SVCF: building strong communities; education; immigration and – the area being recognized with SVCF’s first 10th anniversary grant award – enhancing the economic security of low-income communities.

The two winning programs that will receive grants in this subject area will help fight persistent problems such as lack of access to financial education, low savings rates and predatory lending targeted at low-income families in the Bay Area.

Read our press release to learn more.