Creating Economic Connectedness to Support Young People’s Economic Mobility

The Background

A growing body of research indicates that the strength of a person’s social network and community connections – their social capital – plays a role in their lifetime economic trajectory. In 2022, research published by Raj Chetty and colleagues in the journal Nature honed in on the importance of social connections across economic class divides in order to boost children’s upward economic mobility. Chetty and team found that “the degree to which people with low and high SES are friends with each other (which we term economic connectedness (EC)) is strongly associated with upward income mobility, whereas other forms of social capital are not” (Chetty et al, “Social capital I: measurement and associations with economic mobility”). In a second paper titled “Social capital II: determinants of economic connectedness,” Chetty and the research team identified two key factors that account for approximately half of the social disconnection between young people with lower and higher socioeconomic status (SES).  These two factors were summarized by the Brookings Institute as: 

• “lack of exposure to people of a different background (and particularly of lower-SES people to higher-SES people)
• “‘friending bias,’ which means that even when there are people of different backgrounds around, friendships remain strongly class-based”

Examples

Examples of ideas that may be considered include, but are not limited to, the items noted below. These are solely illustrative and not proscriptive. Applications may include a variety of services, products, or technologies. The Foundation welcomes a range of ideas and encourages thoughtful experimentation.

Planning & Innovation

• Use network mapping tools to visualize and analyze the relationships – and disconnects – between populations with low, medium, and high SES
• Conduct a needs analysis to better understand local barriers to the formation of cross-class friendships and conduct a literature review to identify evidence to guide the development of interventions
• Develop a logic model, staffing model, and financial sustainability analysis for an intervention designed to build cross-class friendships
• Pilot an initiative and evaluate its impacts

Funding Guidelines

The Foundation’s general eligibility criteria apply to the RFP. Please review our application FAQ. Additional detailed instructions for how to complete the application can be found in this PDF.  

Funding Range

The Foundation expects to fund projects in the range of $150,000-$300,000, depending on the complexity of the proposed project and the number of collaborators. If an application is truly exceptional, the Foundation may consider providing more funding than this range. Successful grantees may be invited to apply for follow-on funding or additional capacity-building funding opportunities at the conclusion of the grant.

Types of Support

The Foundation expects to provide Planning and Innovation grants through this RFP. The funded activities must be conducted within 6-18 months.

Planning and Innovation grants focus on experimentation and the development of new ideas. Recipients might describe activities such as piloting services or completing a feasibility study. Any evaluation activities should focus on understanding successes, challenges, and future possibilities resulting from the initial project.  Grant funds awarded through this RFP may be used for a variety of expenses such as program and service delivery, consultant fees, or evaluation.

Collaborations Led by Public Sector or Nonprofit Organizations

For the purposes of this RFP, the Foundation offers additional guidance about collaborative proposals from public sector or nonprofit organizations.

Public sector organizations:

• may serve as the lead agency submitting a proposal for Planning and Innovation grants
• may participate as collaborating partners on all types of grants submitted by nonprofit organizations serving as the lead agency
• include entities such as school districts, courts, or departments of health or human services

Nonprofit organizations:

• may serve as the lead agency for all types of grants
• may participate as collaborating partners for all types of grants

What the Foundation Will Not Fund

The Foundation will not fund the following items through this RFP:

• Endowments
• Advocacy, political causes or events
• Existing deficits or retroactive funding
• Event sponsorships
• Student scholarships

Timeline

Round 1:

• Applications are due – Monday, April 17, 2023 Noon (12:00 PM) EST
• Funding status notification – Friday, June 30, 2023
• Funds issued for awarded grants- Friday, July 14, 2023

Round 2:

• Applications are due – Wednesday, September 13, 2023 Noon (12:00 PM) EST.
• Funding status notification – Friday, December 22, 2023
• Funds issued for awarded grants – Friday, December 22, 2023

Download a copy of this RFP here.