The California Department of Financial Protection and Innovation (DFPI) funds statewide programs that expand financial education, counseling, and products for underserved Californians—especially unbanked/underbanked, low-income, BIPOC, and other vulnerable populations. Much of its grantmaking is program-driven (e.g., the CalMoneySmart initiative) and emphasizes practical services that build credit, reduce debt, increase savings, and support student loan borrowers. Grantees are typically community-based organizations and service providers that deliver direct financial coaching, education, and product access across California.
Program-specific, competitive state grants (e.g., CalMoneySmart) awarded to nonprofit/community providers across California; awards in the low-to-mid six-figure range per grantee and focused on service delivery and capacity for financial empowerment.
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Monitor DFPI announcements and the CalMoneySmart program page for RFPs/solicitation windows; proposals should demonstrate direct client-facing financial education/counseling, measurable outcomes (credit, savings, debt reduction, student loan supports), California geographic reach or local partnerships, and capacity to manage state grant reporting and compliance.
Current and upcoming funding from California Department of Financial Protection and Innovation (DFPI) that your nonprofit may be able to apply for.
Who can apply: Nonprofit organizations that provide free financial empowerment services to California residents.
Deadline: Competitive cycles; shifted to two-year cycles (2024–26 cycle awarded in 2024). Program sunsets in 2030.
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Create a free accountDeadlines and eligibility are summarized from public sources and may change — always confirm the details on the funder's official application page before applying.