The Center for Financial Services Innovation (CFSI) has released a request for proposals for its Nonprofit Opportunities Fund. CFSI seeks to support 4-6 pioneering, nonprofit organizations providing innovative financial services and asset-development opportunities that move underbanked consumers towards financial prosperity. Funded through a grant from the Wal-Mart Foundation, the grants will be the largest in both size and scope ever awarded by CFSI-a total of $1.25 million.CFSI intends to fund innovative projects aimed at underserved consumers that both address these consumers' short-term financial needs and promote their long-term financial well-being. CFSI strongly encourages collaborative ventures involving multiple parties.
Visit CFSI’s website, www.cfsinnovation.com, to download the RFP . The deadline tosubmit a proposal is Friday, March 14, 2008 at 11:59PM CST.
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