The Paul G. Allen Family Foundation's Asset Building Program helps low-income individuals and families achieve long-term economic stability and success.
The Foundation believes that with the right support and assistance, low-income families can build financial assets and gain economic security. When all families achieve financial empowerment, our entire community is more cohesive and resilient. To help achieve this goal, the Foundation provides funding to nonprofit organizations that are working to achieve the following:
- Improve people's financial knowledge so they can effectively manage their budgets, build credit, and plan their finances
- Increase the amount of money people save through Individual Development Accounts (IDAs), bank accounts, and by minimizing the use of payday lending services
- Help individuals and families — particularly refugees and immigrants — launch and sustain microenterprises
- Enable families to access the economic supports they qualify for, especially the Earned Income Tax Credits (EITC)
- Help people prepare for and purchase a home
Grant applications for this priority area are by invitation. Unsolicited proposals are not accepted. If you believe your organization and project is aligned with our giving priorities you may complete and submit the contact form.