OVERVIEW: The MoneyGram Foundation focuses on supporting vulnerable and disadvantaged children gain access to education and learning resources. The foundation seeks to improve children’s livelihoods physically, emotionally, and economically.
IP TAKE: Grantseekers who would like to attract MoneyGram's funding support must clearly demonstrate how their project will benefit vulnerable children in a transformative and sustainable way.
PROFILE: Dallas, Texas-based money transfer company MoneyGram established its philanthropic arm, the MoneyGram Foundation, to help vulnerable populations around the globe build better lives through “economic opportunities, healthier families, individual freedom, and empowerment.” The main mission of the MoneyGram Foundation is “inspiring minds and improving lives,” and it facilitates this mission through its support of children’s education.
The foundation’s sole focus in its grantmaking is to help vulnerable and disadvantaged children gain access to education and learning resources. MoneyGram considers this the cornerstone of its mission to improve the lives of impoverished populations in developing countries. In this regard, the foundation is rather holistic: it supports programs and projects that improve children’s access to education and learning resources while keeping an eye on improving their “physical, emotional, and economic livelihoods.”
The MoneyGram Foundation does not impose geographic restrictions on its grantmaking. Instead, it supports organizations that work in high-need areas around the world. So far, the foundation has awarded grants in multiple countries located in Europe, Africa, Asia Pacific, and South America. Past grantees represent a diverse group of projects related to children's education, so grantseekers should not hesitate to approach MoneyGram with an unusual or outside-of-the-box project.
Grants from MoneyGram typically range from $10,000 to $50,000 and are awarded on a quarterly basis. The foundation supports a number of interesting projects led by NGOs both large and small. Learn more about the MoneyGram Foundation’s work here. Unfortunately, it does not accept unsolicited applications.
- Ali Perry, Foundation Coordinator