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Smart Money Grant Application Guidelines

Questions? Contact Diane LaVigna-Wixted at (800) 342-9835, ext.8186.

The New York Credit Union Foundation provides support to credit unions offering programs and services that promote financial literacy and independence. The primary focus of this grantmaking program is to reach individuals and families of low and/or modest means.

NEW Application Process: NYCUF is pleased to announce that the application form can now be completed and submitted online if you have Adobe Acrobat Reader version 6 or higher installed. Please note that you will not be able to save the document electronically. Be sure to print a copy for your files before hitting the "Submit" button. If you are unable to submit the application via email, please print the application and mail it to us.

Grant Range: $500-$2,500

Use of Grant Funds

Smart money grants may be used for a variety of projects including, but not limited to, youth or adult financial education programs, homeownership programs or services, financial counseling, providing the "unbanked" with access to financial services, and EITC tax preparation.

Deadlines

Applications may be submitted through July 31, 2008.

The applicant will receive notification of a grant award decision within 5 weeks from the date of the application submission.

Review Criteria

NYCUF will evaluate the grant application based on your credit union’s financial need and performance.

Funding Source

Funding for smart money grants is made possible through the Community Investment Fund (CIF).