“With funding from Amplify Her Foundation, Seeds of Fortune will have the operational capacity to support our growing team in our mission of preparing young women from diverse backgrounds for their financial futures. Our students will be supported in accessing an affordable college education and economic information, scalable and accessible career opportunities, as well as access to social capital that leads to closing the wealth and education gap.”
— Nitiya Walker, Founder & Executive Director, Seeds of Fortune
MISSION
Seeds of Fortune is the largest, non-profit EdTech platform dedicated to matching young women of color to education, finance and career opportunities to support them on their first steps toward economic security. They provide young women of color with free resources and opportunities geared toward post secondary guidance, career, community, and financial management skills. Their three impact areas of focus are access to an affordable college education and economic information, scalable and accessible career opportunities, as well as access to social capital that leads to closing the gender and racial wealth and education gap.
GRANT PURPOSE & IMPACT
Amplify Her Foundation funding will support Seeds of Fortune’s operating and programmatic goals in 2024. In particular, funds will be used to support SOF’s signature summer programs, which provide young women of color with access to scholarship and grants resources, internships, and project-based career opportunities.
SOF’s Summer Yale Women in Economics Program is a hybrid initiative, offered on campus in partnership with Yale University, in which young women of color explore careers in economics and asset management, while learning an economics curriculum taught by Yale University professors. Through SOF’s Innovation Research Program, students navigate team-building dynamics and career exploration and development with corporate partners. Students learn the ins and outs of the corporate sector, exploring topics like corporate hierarchy, delegations, and departmental coordination. Finally, SOF’s Girls Start-Up Business Plan Competition, hosted in partnership with BMO Capital Markets, supports young women’s entrepreneurial aspirations and digital literacy skills, through a friendly competition format. Young women are tasked with their own social enterprise business idea, and launching a working business website. Competition winners earn funding toward college or to start up their business idea.
With support from the Amplify Her Foundation, Seeds of Fortune will provide free hybrid programming to 300 users across New York City.
