United Way of Greater St. Louis is now accepting grant applications from non-profit organizations to take part in the Spring 2023 ASSET program.
The ASSET program is focused on financial education and asset building for low-income families with children. It is designed to help increase financial knowledge, attitudes, and behaviors, with critical information, tools, support, and the opportunity to take action to set and achieve financial goals. The ASSET program is delivered in partnership with United Way of Greater St. Louis staff and volunteer financial coaches and is made possible through generous donations from Stifel Bank, U.S. Bank, and Wells Fargo.
The program includes 5 key components:
– Goal setting
– 10 hours of financial education
– One-on-one budget and credit counseling
– Financial coaching
– Savings match of $300 (to be paid toward a debt or deposited into an education savings account)
Nonprofit organizations that serve low-income families with children (incomes up to 50% of Area Median Income for St. Louis MO-IL Metro Area) in St. Louis City, St. Louis County, Jefferson, Franklin, Lincoln, Warren, and St. Charles Counties in Missouri and Calhoun, Clinton, Greene, Jersey, Macoupin, Madison, Monroe, Randolph, and St. Clair Counties in Illinois are eligible to apply. These organizations may include social service agencies, Head Starts, or nonprofit childcare centers.
Successful organization applicants will receive a program grant of up to $5,000. The grant funds staff and program support to help clients overcome obstacles to participation, such as technology needs and financial education incentives, or – for those providing in-person classes – a light dinner, snacks, transportation, and childcare.
Agencies interested in applying for funds must complete the application online or email the application along with all required attachments to firstname.lastname@example.org by Friday, February 3, 2023 at 11:59 pm. Late and incomplete applications will not be considered.
United Way will host a grant learning session on Thursday, January 5, 2023, online, from 9:00-10:00 am. The session is an opportunity to ask questions and learn more about the program. Organizations are encouraged but not required to attend. Sign-up is available here: https://www.surveymonkey.com/r/W68Z352.
For full program information and the application PDF, please click here.
For questions about the ASSET grant program and application process, please contact Financial Stability Initiatives Program Manager Mariah Byrne, at email@example.com or 314-539-4028.