Formerly known as the Women’s Foundation of Boston

$325K in Grants Awarded to Invest in Financial Literacy Programs in Central & Western Massachusetts

Women’s Foundation of Massachusetts funds 2 organizations providing critical financial literacy resources for women and girls

BOSTON, MA – November 13, 2025 – The Women’s Foundation of Massachusetts announced $325,000 in funding to two nonprofits economically empowering women and girls in Central and Western Massachusetts

As the only funder in the state dedicated exclusively to women and girls through large, multi-year grants, the Foundation has cumulatively committed $11.7 million since 2018, positively impacting more than 23,000 women and girls in under-resourced communities across the Commonwealth.

This targeted investment in financial literacy across Central and Western Massachusetts reflects our commitment to advancing the economic empowerment of women and girls. When women and girls have the tools and confidence to achieve financial stability, the impact extends far beyond the individuals – it uplifts families and communities,”  said Christina Gordon, Co-Founder and CEO of the Women’s Foundation of Massachusetts.

Access to financial education is essential for girls and women, yet significant gaps persist. Confidence in financial decision-making remains disproportionately low among women and girls, with just 12% of girls feeling confident in their ability to manage money. Early financial education strengthens lifelong financial capability, yet Massachusetts is one of only nine states without a K–12 requirement, earning an “F” in financial literacy preparedness. The need is especially urgent in low-income communities like Hampden County, where 27% of children live in poverty, more than double the state average of 12%.*

The recipients of the 2025 Central and Western Special grant cycle awards are:

Girls Inc. of the Valley (GIV). GIV is part of a national organization inspiring girls to be strong, smart, and bold by providing them the opportunity to develop and achieve their full potential. This three-year grant supports GIV’s implementation of Dollars, Sense & She, a proven financial literacy program that will build financial competence and confidence among elementary and middle school girls in Holyoke, Springfield, and Chicopee. Participants will learn personal financial skills, such as how to save, invest, budget, take informed financial risks, and prepare for rewarding careers.

Women’s Money Matters (WMM). WMM empowers women and girls to improve their financial health to create a more secure future for themselves, their families and their communities. This two-year grant expands WMM’s successful Life Launch program in Central & Western MA, helping girls and young women build financial knowledge, skills, and confidence through workshops, peer support, and one-to-one coaching.

###

About the Women’s Foundation of Massachusetts

The Women’s Foundation of Massachusetts is a nonprofit public charity that creates, funds, and accelerates economic empowerment, leadership and mentoring programs that equip women and girls in Greater Boston and throughout Massachusetts to be financially independent and successful leaders. In seven years of grantmaking, the Foundation has committed $11.7M via high impact grants empowering over 23,000 women and girls across MA. The Women’s Foundation of Massachusetts is the only funder in the Commonwealth exclusively supporting nonprofits focused on women and girls with large, multi-year grants, and is quickly becoming the primary vehicle for investing in women and girls. 

www.wfma.org \ @womensfoundationma

Media Contacts

Laura Markofsky

CIVIC, a Seacrest Global Company

248-408-5505

 

Olivia Leslie

oleslie@wfma.org

 

* Sources:

Council for Economic Education

Council for Economic Education, 2024

Center for Financial Literacy, Champlain College, 2023

U.S. Census Bureau, 2024