City of Saint Paul

5 Grants from 1986 - 2022

  • Total Amount Received: $3,185,000
  • Location: Saint Paul, MN

CollegeBound St. Paul is the first college savings account program in the nation where every child born in the city is eligible, most are auto-enrolled, and all participants receives a $50 seed deposit. The program includes “bonuses” for activities such as completing well-child clinic visits and attending financial health programming. Through the program incentive structure, the accounts become a mechanism that can be utilized to support whole families thrive related to a range of issues through increased engagement with city agencies and social support organizations.

Grants received

$3,150,000 in 2022

  • Program: Community Innovation
  • Term: 37 Months

CollegeBound St. Paul is the first college savings account program in the nation where every child born in the city is eligible, most are auto-enrolled, and all participants receives a $50 seed deposit. The program includes “bonuses” for activities such as completing well-child clinic visits and attending financial health programming. Through the program incentive structure, the accounts become a mechanism that can be utilized to support whole families thrive related to a range of issues through increased engagement with city agencies and social support organizations.

$5,000 in 2015

  • Term: 6 Months

To support five professional internships at nonprofit organizations

$5,000 in 2014

  • Term: 12 Months

In recognition of the St. Paul Right Track Youth Career Development Pipeline project (Local Government Innovation Award winner - City category)

$10,000 in 2013

  • Term: 12 Months

Saint Paul EMS Academy (Local Government Innovation Awards Finalist)

$15,000 in 1986

  • Term: 12 Months

To support the Better Opportunities through Self-Sufficiency (B.O.S.S.) program