Uncharted: Economic Inequality InitiativeDeadline: June 28, 2021
Uncharted seeks to support early-stage solutions addressing economic inequality in the U.S. The economic divide in the U.S. is sharp and rising. In the decade since the Great Recession, middle-and-lower classes saw their collective wealth shrink by over 20%, disproportionately affecting women, people of color, and young people. Meanwhile, the country’s most affluent families grew their median net worth by over 13%, making America the most financially unequal nation in the Western world.
The Economic Inequality Initiative is a six-month initiative that aims to elevate solutions that create transformational opportunities for people to increase wealth in the near term while building towards a long-term vision to address the root causes themselves. From universal basic income pilots to rent-to-own home programs, Uncharted is seeking radical ideas with proof of concept and the potential to create a profound impact. Selected participants will receive unrestricted funding support, access to subject-matter experts, mental health resources, introductions to potential funders in our network, and other personalized support.
Amount: Eight awards of $25,000 in unrestricted funding will be made.
Eligibility: The initiative is targeting very early-stage social entrepreneurs, movement builders, and nonprofit innovators who are tackling wealth inequality in the U.S. Entities can apply as an individual, nonprofit, for-profit, hybrid, etc., as long as the proposed solution directly addresses economic inequality.
Note: Early-stage means that the applicant has designed a solution addressing economic inequality and validated it with beneficiaries, funders, or partners. Perhaps the applicant created a prototype, launched a pilot program, built an audience online, or raised small amounts of money from friends and family. There is no limit on the amount of time the organization has been around.