Funders and Supporters
The Center for Financial Services Innovation is a 501(c)(3) nonprofit organization. We are grateful for the support that the following organizations and individuals provide to further our mission.
Operating and Program Support Provided by
Todd and Diane Baker
Jo Ann Barefoot
Len and Terry Laufer
Nancy and Kevin Rhein
How we work with philanthropic organizations and partners
Since our founding, CFSI has worked with a long list of philanthropic organizations and funders committed to improving financial services for all Americans.
Philanthropies, organizations, and individuals committed to social change play a critical role in CFSI’s mission to improve financial health. From financial support to strategic guidance, deep funder relationships make possible a wide variety of in-depth consumer research and programs that test innovative ideas, inform high-quality product design, and scale solutions that promote consumer success.
Because of strong support from nationally-recognized organizations committed to social change, we conduct key research to improve people’s lives, including U.S. Financial Diaries project, annual Financially Underserved Market Sizing Papers, the 2014 Financial Health Consumer Study, and more.
We welcome cy pres awards
CFSI welcomes “cy pres” awards to support our work to improve the financial health of consumers, especially the underserved. Cy pres awards allow unclaimed settlement funds from class action lawsuits to be distributed to organizations that further the interests of the underlying class members. Class counsel often has the ability to nominate charitable organizations like CFSI to receive these funds.
CFSI has been a recipient of cy pres awards in the past in cases involving credit practices and consumer protection. If you have any questions about whether CFSI might be appropriate for cy pres in a particular case, please contact Mia Barricini.