Snap Finance Foundation invests over $150,000 in 21 nonprofits advancing financial empowerment, economic mobility, and community resilience across three countries
The Snap Finance Foundation has announced its 2025 Community Grant recipients, awarding more than $150,000 to 21 nonprofit organizations in their primary office locations throughout the United States, the United Kingdom, and Costa Rica. Now in its fourth year, the program supports nonprofits advancing Snap’s core pillars of financial empowerment, career readiness, and resilient communities, reflecting the company’s continued commitment to helping people thrive.
“Supporting strong, resilient communities is central to who we are as a company,” said Ted Saunders, CEO of Snap Finance. “Through these grants, we are honored to support organizations that create real opportunities for people to build stability and move forward. This work reflects our belief in ‘doing well by doing good’ and demonstrates the future we are committed to helping build.”
Several standout partnerships highlight Snap Finance’s ongoing dedication to charitable giving and volunteerism, including its partnership with the International Rescue Committee (IRC). IRC is dedicated to helping people affected by humanitarian crises to survive, recover, and rebuild their lives. Snap Finance’s grant program supports IRC’s Spice Kitchen Incubator, which is a comprehensive program that ensures participants receive technical assistance and training, have affordable access to commercial kitchen space and learn the steps to establishing a successful food business in their local community. Snap Finance’s vision is a world where everyone has the means to thrive, and this program directly supports budding entrepreneurs to create a stronger and more prosperous future.
Building on this partnership, Snap also collaborated with the IRC throughout the year on initiatives aligned with the company’s giving pillars. Snap team members volunteered to support their New Roots garden, which helps refugees and new Americans grow familiar foods from their homelands to create healthy families and build community. Through the IRC’s Spice Kitchen Incubator, Snap team members taught virtual classes on using social media and other topics to help entrepreneurs grow their businesses. Snap also hosted a family night at the Salt Lake City Zoo, welcoming more than 100 individuals served by the IRC for an evening of connection and activities.
“I am proud of the partnerships we have cultivated over the last four years with our Community Grant Program,” said Kendall Banks, Leader of the Snap Cares Program. “This year, we focused on aligning our volunteer and giving efforts with programs that promote economic empowerment and support Snap’s mission of unlocking financial flexibility for a better life. It has been a privilege to witness our team members' strong involvement and desire to give back in the communities where they live and work. It has been special to see the growth of this program and our team members truly walking the walk.”
Another key initiative is Snap Finance’s partnership with Volunteers of America, Utah, which provides community-supported pathways for vulnerable individuals to improve their lives and increase their self-reliance. The largest volunteer project to date this year brought together over 600 Snap Finance team members to serve 3 nonprofit partners, including the Utah chapter of Volunteers of America. Snap team members assembled 750 backpacks filled with essentials to support youth experiencing homelessness in Utah and keep their inventory stocked for 10 months.
With support from Snap Finance, First Step House, another non-profit partner, is expanding its work to help individuals secure stable housing and build long-term self-sufficiency. Their integrated model combines behavioral health treatment, supportive housing, and employment services to address critical issues such as homelessness and economic stability in order to serve around 1,700 people each year. This model shines at Valor House, First Step House’s transitional housing for veterans experiencing homelessness, supported by Snap Finance. Last year, Valor House helped 121 veterans have a safe place to live as they transitioned to stable housing. This holistic approach strongly aligns with Snap’s giving pillars and reinforces Snap’s commitment to strengthening communities.
These contributions are just a few examples of Snap Finance’s deep commitment to making a difference through financial support and hands-on community engagement. By partnering with the Community Foundation of Utah, the company has amplified its impact across organizations that empower underserved individuals and communities. Through its internal program, Snap Cares, Snap Finance continues to focus on doing well by doing good by fostering a culture of service and belonging, driven by employee volunteerism, financial giving, nonprofit partnerships, and in-kind donations. Snap strives to create a strong culture of service and belonging, where everyone is empowered to be their best.
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About Snap Finance
Snap Finance harnesses the power of data to empower consumers of all credit types to get what they need. Launched in 2012, Snap’s technology utilizes more than a decade of data, machine learning, and non-traditional risk variables to create a proprietary platform that looks at each customer through a more holistic lens. Snap’s lease-to-own and loan solutions are changing the face and pace of consumer retail finance. For more information, visit snapfinance.com.
About the Community Foundation of Utah
The Community Foundation of Utah is a 501(c)(3) nonprofit grantmaker and serves as Utah’s partner in philanthropy by fostering accessible, collaborative, and innovative giving in our communities, now and for generations to come. Since its establishment in 2008, the organization has fostered nonpartisan community partnership and has facilitated over $450 million in grants to Utah’s nonprofit sector.
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