NEO Philanthropy’s Economic Mobility and Opportunity Fund invites applications in support of research and data across economic mobility and opportunity.
The EMO Fund announces a $2.3 million opportunity for organizations focused on research and data in support of advancing economic mobility and opportunity. Led by a 6-person advisory committee, this funding opportunity will pilot a participatory grantmaking process that centers diverse voices and lived experience within the research and data strategy of the economic mobility and opportunity field. Applicants can apply to one of the two funding opportunities: sustainability and capacity building and innovation and imagination. For complete program guidelines and application instructions, see additional information below.
This Research & Data funding (R&D Fund) opportunity seeks to support organizations and projects via general operating support that generate and contribute knowledge, such as research, data, or analysis, to the field of economic mobility and opportunity. Economic Mobility is the ability for individuals and families to improve their economic status over time, while economic opportunity refers to the conditions available for families and individuals to reach their economic goals. While often measured by economic success (e.g., income, assets, wealth) dignity and belonging and power and autonomy are key dimensions of economic mobility and opportunity. Systemic barriers, structural racism, and lack of supports like living wage jobs and high-quality education create barriers to economic mobility and opportunity.
Eligibility
Be a U.S. based public charity with a valid tax-exempt status under Section 501(c)(3) of the Internal Revenue Code or have a fiscal sponsor with such status at the time of application. Organizations must be in compliance with 501(c)(3) requirements.
Current fiscal year annual operating budget with expenses of $2 million or less.
Conduct work that addresses critical gaps in knowledge and data infrastructure related to economic mobility and opportunity.
Organization must be located in and conducting work within the 50 U.S. States and/or District of Columbia.