Schwab Moneywise Momentum Grants

The Schwab Moneywise Momentum Grants program is a private philanthropic initiative administered by the Charles Schwab Foundation, a nonprofit organization funded by The Charles Schwab Corporation. The Foundation’s mission centers on advancing financial literacy and supporting long-term financial well-being for individuals and communities across the United States. This grant program is part of a broader multi-year commitment totaling approximately $20 million to expand access to financial education nationwide. The initiative reflects the Foundation’s belief that improving financial knowledge equips individuals, particularly young people, to make informed decisions and build greater financial stability. The primary purpose of the Schwab Moneywise Momentum Grants is to support nonprofit organizations that are developing innovative, scalable, and impactful approaches to financial education. The program prioritizes initiatives that either directly deliver high-quality financial literacy programming to youth and young adults or build the capacity of educators to effectively teach financial concepts. Additionally, the Foundation encourages projects that introduce creative solutions to unmet or emerging needs in financial literacy, expand access to real-world money skills, and reimagine traditional delivery models in ways that reach underserved populations. Funding is intended to support programmatic activities that align with these priorities, including curriculum development, program delivery, educator training, and expansion of existing models. While the program primarily focuses on direct service and capacity-building, applicants may include a reasonable allocation for program evaluation and research, capped at up to 20 percent of the total grant request. Most grants are awarded as one-time funding, typically for a one-year period, although select multi-year opportunities may be considered based on performance and available resources. Grant amounts generally range from $50,000 to $250,000 depending on the organization’s demonstrated need, capacity, and alignment with the Foundation’s goals. Eligibility is limited to nonprofit organizations that hold a valid 501(c)(3) tax-exempt status from the Internal Revenue Service and comply with the Charles Schwab Corporation’s nondiscrimination policy. The program excludes individuals, private foundations, political organizations, and entities that do not serve a charitable, educational, or community purpose. Individual schools, booster clubs, and similar entities are also ineligible. Preference is given to organizations with national or multi-market reach, strong evidence of impact, and the ability to scale or sustain their financial education offerings. Additional consideration is given to organizations that serve populations facing barriers to financial education and that align with recognized standards or best practices. The application process begins with an open call for Letters of Interest, which serves as a required initial screening step. Organizations must first complete an eligibility quiz and submit a Letter of Interest during the open application window. Based on alignment with funding priorities, selected applicants are invited to submit a full grant application. Proposals are reviewed by the Foundation’s grant review team, and final funding decisions are made by the Board of Directors. Applicants are evaluated on alignment with program priorities, demonstrated impact, scalability, and organizational capacity. The timeline for the 2026 funding cycle begins with the open call for Letters of Interest from May through July, with a final submission deadline of July 31, 2026. Invitations to submit full applications are issued between September and October, followed by grant award decisions communicated in early November. Funding disbursement is processed in early December. Grantees are required to submit a final report within three months of completing their grant-funded activities. The program is structured as an annual opportunity, with future funding contingent on available resources and performance outcomes from prior awards.

Emphasize national or multi-market reach, demonstrate measurable impact, align clearly with financial literacy priorities, and show scalability and sustainability of the program