Grantmaking public charity · EIN 46-3612187
Cities for Financial Empowerment Fund Inc
New York, NY
Cities for Financial Empowerment Fund Inc is a public charity that makes grants based in New York, NY. On its Form 990 (Schedule I) for tax year 2024, it reported $4.85M in grants paid across 86 grants, with $27.1M in total assets. Its largest grants went to Equal Justice Works, City of Charleston Sc and City of Philadelphia.
How to request funding
Its Form 990 lists the grants it made but not how it chooses recipients. Check Cities for Financial Empowerment Fund Inc's website or contact it to ask whether it considers requests.
How it makes and monitors grants (Schedule I, Part IV)
All grant agreements contain the grantee's budget for how they plan to use grant funds, and language on proper use of funds. grantees are required to submit final reports with accounting of funds spent along with narrative reports outlining program operations and benchmarking performance against grant goals. in addition, cfe fund staff ensure that grants are used for intended purposes through regular activities such as phone calls and site visits, which often include field visits to observe programmatic operations.
Grants as reported on its Form 990 for tax year 2024; the application guidance above is general for this type of funder. Requirements change; confirm with the organization before applying.
Mission
Help municipalities build programs and strategies to support household financial stability.
As stated on its Form 990.
Largest grants, tax year 2024
Historical data · not a prediction| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Equal Justice Works | Washington, DC | Facilitate a Legal Fellowship Program to Provide Legal Assistance to Fec Clients | $280,000 |
| City of Charleston Sc | Charleston, SC | Launching a Local Financial Empowerment Center (fec) Initiative | $200,000 |
| City of Philadelphia | Philadelphia, PA | Launching a Local Financial Empowerment Center (fec) Initiative | $185,000 |
| City of Kansas City Mo | Kansas City, MO | Convening Stakeholders and Creating a Municipal Financial Empowerment Blueprint | $100,000 |
| City of Little Rock Ar | Little Rock, AR | Supporting a Full-Time Leader to Plan a Municipal Office of Financial Empowerment | $100,000 |
| City of Memphis Tn | Memphis, TN | Convening Stakeholders and Creating a Municipal Financial Empowerment Blueprint | $100,000 |
| City of Pueblo Co | Pueblo, CO | Launching a Local Financial Empowerment Center (fec) Initiative | $100,000 |
| City of Savannah | Savannah, GA | Convening Stakeholders and Creating a Municipal Financial Empowerment Blueprint | $100,000 |
| City of Springfield Ma | Springfield, MA | Convening Stakeholders and Creating a Municipal Financial Empowerment Blueprint | $100,000 |
| City of St Petersburg Fl | Petersburg, FL | Convening Stakeholders and Creating a Municipal Financial Empowerment Blueprint | $100,000 |
| Jefferson County Wi | Jefferson, WI | Launching a Local Financial Empowerment Center (fec) Initiative | $100,000 |
| Milwaukee County Wi | Milwaukee, WI | Convening Stakeholders and Creating a Municipal Financial Empowerment Blueprint | $100,000 |
| Polk County | Des Monies, IA | Piloting Municipally-Led Financial Counseling to Address Small Business Development | $100,000 |
| The Metropolitan Government of Nashville and Davidson County | Nashville, TN | Supporting a Full-Time Leader to Plan a Municipal Office of Financial Empowerment | $100,000 |
| City of Akron | Akron, OH | Piloting Municipally-Led Financial Counseling to Address Small Business Development | $90,000 |
| City of Aurora | Aurora, IL | Piloting Municipally-Led Financial Counseling to Address Small Business Development | $90,000 |
| City of Columbus | Columbus, OH | Piloting Municipally-Led Financial Counseling to Address Small Business Development | $90,000 |
| City of Rochester | Rochester, NY | Piloting Municipally-Led Financial Counseling to Address Small Business Development | $90,000 |
| City of Sacramento | Sacramento, CA | Piloting Municipally-Led Financial Counseling to Address Small Business Development | $90,000 |
| Louisville Metro Government | Louisville, KY | Piloting Municipally-Led Financial Counseling to Address Small Business Development | $90,000 |
| Mayor's Fund to Advance New York City | New York, NY | Indentifying and Implementing Strategies to Connect at-Risk Youth to Banking | $80,000 |
| City of South Bend | South Bend, IN | Launching a Local Financial Empowerment Center (fec) Initiative | $75,000 |
| City of Albuquerque | Albuquerque, NM | Supporting a Full-Time Leader to Plan a Municipal Office of Financial Empowerment | $70,000 |
| City of Dallas | Dallas, TX | Supporting a Full-Time Leader to Plan a Municipal Office of Financial Empowerment | $70,000 |
| City of Sacramento | Sacramento, CA | Supporting a Full-Time Leader to Plan a Municipal Office of Financial Empowerment | $70,000 |
The 25 largest of 86 grants listed on the return. Names and purposes as reported to the IRS.
Where its grants went
- Wisconsin$410K · 7 grants
- Tennessee$410K · 8 grants
- California$360K · 7 grants
- Ohio$300K · 5 grants
- New York$295K · 5 grants
- Pennsylvania$285K · 3 grants
- District of Columbia$280K · 1 grant
- South Carolina$250K · 2 grants
- Florida$235K · 6 grants
- Colorado$200K · 3 grants
- Michigan$150K · 3 grants
- Iowa$150K · 2 grants
Quick answers
Does Cities for Financial Empowerment Fund Inc accept grant applications?
Its Form 990 lists the grants it made but not how it chooses recipients. Check Cities for Financial Empowerment Fund Inc's website or contact it to ask whether it considers requests. Form 990 does not report an application process, so confirm with the organization.
How much does Cities for Financial Empowerment Fund Inc give each year?
For tax year 2024, it reported $4,854,081 in grants paid (86 grants). Giving can change from year to year.
What organizations has Cities for Financial Empowerment Fund Inc funded?
Its largest grants in tax year 2024 went to Equal Justice Works (DC), $280K, City of Charleston Sc (SC), $200K, City of Philadelphia (PA), $185K, City of Kansas City Mo (MO), $100K and City of Little Rock Ar (AR), $100K.