CFSI has launched a new grant fund—The Financial Capability Innovation Fund II — to provide financial and technical assistance to innovative and promising nonprofit-led projects designed to promote the financial capability of low-income and underserved consumers. Through the Fund, CFSI will award approximately $2.5 million in total to 7-10 grantees with an average award size of $250,000 - $350,000. The Financial Capability Innovation Fund II is supported by a collaborative of funders led by the Citi Foundation and also including the Capital One Foundation, NYSE Euronext Foundation, Charles Schwab Bank, Charles Schwab Foundation, and Experian.
The application period is now closed. Please watch for updates in early 2013.
Click below to download the Fund Request for Proposals.