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Press Release

NALCAB Announces Grants to 10 Nonprofits with Support from Wells Fargo Foundation $30k Grant

Affordable Housing | Arizona | Arizona CDFI Coalition | CDFIs | Financial Capability | Growth Partners of Arizona (GPAz) | NALCAB | Small Business | Technical Assistance

Written by:
Nalcab Communications
Jan 6, 2026

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NALCAB Announces Grants to 10 Nonprofits with Support from Wells Fargo Foundation $30k Grant

NALCAB Announces Grants to 10 Nonprofits with Support from Wells Fargo Foundation $30k Grant 

Asset protection and building generational wealth part of curriculum package aimed at supporting entrepreneurs

WASHINGTON, DC (Dec. 19, 2025) – Today, NALCAB (National Association for Latino Community Asset Builders) and Wells Fargo Foundation announced a $30,000 grant to 10 different community development nonprofits. This program of grant-making, technical assistance and training is intended to strengthen the delivery of financial wellness services focused on safely growing assets, asset protection, asset enhancements, investment strategies, and generational wealth planning.

“The power that these grants give to our members can’t be overstated and that’s thanks to the generosity of Wells Fargo Foundation,” said Marla Bilonick, President and CEO, NALCAB. “For these 10 organizations, the impact of these finds will cross generational lines and empower new generations to take hold of their financial futures.”

10 organizations from eight different states were selected as the final grant recipients. The full list includes:

Branches, Inc.Miami, FL
FCS Urban MinistriesAtlanta, GA
Fifth Avenue CommitteeBrooklyn, NY
Finanta Credit UnionPhiladelphia, PA
Growth Partners ArizonaPhoenix, AZ
Housing Initiative Partnership, Inc. (HIP)Hyattsville, MD
Mexican American Opportunity FoundationMontebello, CA
Mission Economic Development Agency (MEDA)San Francisco, CA
Qualitas of Life FoundationNew York, NY
Suazo Business CenterSalt Lake City, UT

The grant period concludes in summer of 2026. The grantees will be featured in a series of social media posts highlighting the grant impact during the spring of 2026.


About NALCAB

NALCAB is a one-of-a kind CDFI intermediary with 200+ member CDFI and economic development nonprofit member organizations that are working to maximize the economic contributions of the Latino population to the U.S. economy. Our presence extends to all 50 states, DC and Puerto Rico. Learn more at nalcab.org.

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