Find Nonprofit and Small Business Grants

Advance Search

Only Available for Paid Subscribers
Clear Filters
Search Filters

2019 ASSET Program Grants

Grants to Missouri and Illinois Nonprofits for Financial Education
Programs for Low-Income Families in the St. Louis Metro Area

Agency Type:

Foundation / Corporation

Funding Source:

Add to My Calendar 

United Way of Greater St. Louis

Conf. Date:

06/05/19

Deadline Date:

06/28/19 5:00 PM

Description:

Request a Grant Writer

Grants of up to $5,000 to Missouri and Illinois nonprofit organizations for financial education programs and to empower low-income families in the St. Louis Metro Area. Funding is intended to train those struggling financially by combining goal setting, budget and credit counseling, financial education, and financial coaching with a monetary incentive to save. Eligible regions include St. Louis City, St. Louis County, Jefferson County, St. Charles County, Madison County, and St. Clair County.

ASSET is a multi-pronged financial empowerment program for families with young children. It provides support to those struggling financially by combining goal setting, financial education, credit building, and financial coaching with a monetary incentive to save.

The grant is intended to fund staff and program supports to help clients overcome obstacles to participation such as providing a light dinner and/or snacks, transportation, childcare, and financial education incentives.
- In addition to the cohort of 12-15 participants, up to five (5) front-line (non-managerial) agency staff members can participate in the program via online classes.

Program participants will receive:
- 10 hours of free financial education
- Free credit counseling session with action plan to improve credit
- Complimentary personal financial coaching (provided by United Way Volunteers)
- Matched savings of $300 (participants will save $100 over the course of the program and will earn a match of $300)

Staff member will receive training on:
- How to implement the program model
- Completing enrollment and program evaluation forms
- Financial education curriculum and supplemental materials
- Reporting, evaluation, and data tracking requirements


GrantWatch ID#:

GrantWatch ID#: 185998

Estimated Size of Grant:

Agencies will receive $2,500 to support a class of 12-15 participants or $5,000 for two classes of 12-15 participants each.

Additional Eligibility Criteria:

Nonprofit organizations that serve low-income families with children in the St. Louis Metro Area, including social service agencies, Head Starts, and/or non-profit childcare centers, are eligible to apply.

To qualify for funding, an organization must at a minimum:
1) Be a 501(c)(3) not-for-profit or governmental entity that serves low-income families with children (including social service agencies, Head Starts, and/or non-profit childcare centers)
2) File a Federal 990 annually
3) Be in good standing with the State of Missouri’s Secretary of State
4) Conduct an annual independent financial audit
5) Have a policy on compliance with USA Patriot Act and other counterterrorism laws
6) Have a policy for background checks, including child abuse and neglect screenings
7) Have an agency policy on non-discrimination
8) Have an agency policy on privacy protection practices (HIPAA)
9) Provide on-going client support for at least 6 months

Pre-proposal Conference:

United Way will host a grant informational meeting on Wednesday, June 5th from 1:30-3 pm at the United Way office (910 N. 11 th Street, St Louis, MO 63101.) You may also attend remotely. Agencies are not required to attend, but it will be a great opportunity to ask questions and learn more about the program.

RSVP here: https://www.eventbrite.com/e/asset-grant-informational-meeting-tickets-61871028913?aff=affiliate1

Pre-Application Information:

Timeline:
- Grant Informational Meeting: June 5, 2019
- Application Deadline: June 28, 2019
- Final Award Approval and Agency Notification: July 12, 2019
- Participant enrollment: July-August 2019
- Financial Education classes, credit counseling and ASSET Check-In: September – November 2019
- Final Program and Expense Report Due: January 3, 2020

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Email the application along with any relevant attachments to Ingrid Deetz at Ingrid.deetz@stl.unitedway.org.

Downtown St. Louis (Main Office)
910 N. 11th Street
St. Louis, MO 63101-1018
(314) 421-0700

URL for Full Text (RFP):

Geographic Focus:

USA: Illinois: Madison County and St. Clair County;   Missouri: St. Louis City, St. Louis County, Jefferson County, St. Charles County