Deadline: 1-Feb-22
The Allianz has announced its grant program for nonprofit organizations that help people achieve financial stability, sustainability, and security throughout their lifetime.
Categories
- Financial stability:
- They understand that to be included in economic life, people need to meet their basic needs first. Allianz supports organizations that work to meet these needs, with a focus on creating stability and financial independence.
- Financial sustainability
- Financial success is sustained through equitable access to resources and opportunities for gainful employment. Allianz supports organizations that help members of the community be successful in the workforce, including through college preparedness, skills training, entrepreneurial support, and access to capital and investment.
- Financial security
- Long-term Financial security and retirement readiness require preparation and financial knowledge. Allianz supports organizations that help ensure all community members have financial well-being, are protected from fraud and other financial abuses, and know how to prepare for their future.
Focus Areas
- Financial stability: They provide grants to organizations that:
- Provide food, clothing, and shelter paired with programming that supports individuals and families in increasing their financial stability (for example, food banks and transitional housing programs).
- Improve access to affordable food.
- Increase or improve affordable housing.
- Financial sustainability: They provide grants to organizations that:
- Help high school students and adults prepare for and access post-secondary education.
- Provide job and career skills training and placement.
- Provide access to capital, business development services, and financial empowerment support for entrepreneurs and small businesses.
- Financial security: They provide grants to organizations that:
- Help youth, adults, and families build financial knowledge, skills, and habits so that they can define their financial goals, develop financial plans, and improve their long-term financial well-being.
- Support prevention and intervention of elder financial abuse.
Funding Information
Allianz provides grants in the seven-county Twin Cities metro area. Grants are typically one-year commitments ranging from $50,000-$75,000.
Eligibility Criteria
Within all three of the focus areas, they give priority to organizations that:
- Serve low- to moderate-income families
- Are led by and primarily serve people who are racially and/or ethnically diverse
- Have a mission rooted in equity
- Collaborate with other community organizations
- Include some focus on the St. Paul Midway and adjacent communities, such as Frogtown and Rondo
For more information, visit https://www.allianzlife.com/about/apply-for-a-grant