Our Mission and Strategy
State Street Foundation seeks to promote economic opportunity by reducing equity gaps ineducational achievement and employability. We do this by making general operating support
investments in nonprofit charitable organizations that:•

Operate in communities where State Street Corporation has a business presence•

Have a demonstrated track record of supporting people aged 14 and over in the areasof educational achievement and employability•

Share a commitment to and demonstrate leadership in diversity, equity and inclusion byaddressing equity gaps in educational achievement and employability for priority
populations in our organization’s locations as follows:
Asia Pacific (ex-India)
̶oIndigenous people/migrants/asylum seekers and those on humanitarianvisas/ethnic minorities

oWomenoPeople with disabilities

India
̶

o

Socially disadvantaged groups

oWomenoPeople with disabilities

Europe, Middle East and Africa̶̶oMigrants/refugees/asylum seekers/ethnic minorities/people of color

o

Women

oPeople with disabilities

North America (United States and Canada)oBlack, Indigenous, People of Color (BIPOC)

See Appendix for country-specific funding criteria.

Information Classification: GeneralYour Eligibility
To be eligible for funding, an organization must be:•

Be a registered charity providing programs and services where State Street has abusiness presence•

Operate on a not-for-profit basis and fulfill a mission to benefit the local community•

Have a mission that aligns with our mission and strategy•

Have a current strategic or business plan that clearly outlines the organization’s goals
and tactics for achieving results•

Not discriminate in both the provision of services and personnel decisions on the basisof race, color, religion, national origin, ancestry, ethnicity, age, disability, sexualorientation, gender, gender identity, citizenship, marital status, domestic partnership orcivil union status, familial status, military and veteran status, and other characteristics
protected by applicable law•

Please note that operating grants from State Street Foundation may not exceed 15
percent of an organization’s total budget.

Your Organizational Impact
Organizations must demonstrate measurable outcomes through reporting, including thefollowing metrics:•Numbers and diversity of participants gaining access to basic skills that lead to lifelong
success (including high school/secondary degree or equivalent), and/or•

Numbers and diversity of participants who are aware of, apply for, enter and complete
credential programs (college, university, vocational and technical training), and/or•

Numbers and diversity of participants who are connected with employment
opportunities and retain employment over a period of one year, and•

Organizational diversity across five dimensions: populations served, staff, seniorleadership, executive director and board of directors

The Application Process (Prospective Applicants)
Step 1: Please review the guidelines above to assess your organization’s eligibility for funding
Step 2: Submit an Expression of Interest (EOI) by providing some basic information about yourorganization to be considered for an invitation to apply. The deadline for EOI submission is
December 31 to be considered for the following calendar year. Please note, any EOI
submissions received on or after January 1 will be reviewed and considered in the next
calendar year
Step 3: Invitations to apply for funding will typically be extended in Quarter 2 of the calendaryear and submissions must be made within four weeks of an invitation being extended. Only
those organizations chosen to receive further consideration will be contacted by State StreetFoundation
Step 4: State Street Foundation reviews grant applications throughout Quarters 2 and 3.
Please note that applications may take several weeks to review based on factors such as
application volume, due diligence, and meeting schedules

Information Classification: General2

The Application Process (Existing Grantees)
Step 1: Each year, existing grantees may be invited to submit a full application in Quarter 2 ofthe calendar year. Submissions must be made within four weeks of an invitation beingextended
Step 2: State Street Foundation reviews grant applications throughout Quarters 2 and 3.
Please note that applications may take several weeks to review based on factors such as
application volume, due diligence, and meeting schedules. In addition, as a condition ofreceiving a grant from State Street Foundation, existing grantees are required to submit a final
report demonstrating the impact of the funding they received in Quarter 1 of the calendar year

Other Funding Considerations
Funding is not considered for:•Capital purposes•Disease-specific initiatives and/or medical research•

Endowments•

Political causes, candidates, organizations or campaigns•

Organizations whose primary purpose is to influence legislation•

Political, labor or fraternal organizations•

Sectarian activities for religious organizations•

Active military causes•

Individual pursuits, including scholarships and other forms of financial aid•

Team sponsorships or sporting events•

Travel for individuals or groups•

Requests made in consideration of any benefit to State Street, including an award for
new business or renewal of existing business with State Street•

Requests made by a government official with decision-making authority concerningbusiness with State Street

Grant Payments•

Grants in the United States are paid using an ACH electronic payment•

Grants outside the United States are made by wire using third party vendors

Information Classification: General3

Appendix
Using terminology relevant and specific to each country where State Street has a businesspresence, the funding criteria below lists priority populations facing equity gaps in educational
achievement and employability.
Australia•Educational achievement and employability for indigenous Australians, immigrants onhumanitarian visas or seeking asylum, and descendants•

Enabling women to progress their careers through education in science, technology,engineering and mathematics (STEM) and improving their representation in leadershipand high-income positions•

Supporting long-term physical, intellectual or sensory impairments which in interaction
with various barriers may hinder full and effective participation in education andemployment on an equal basis with others

China
•

Educational achievement and employability for internal migrants from rural areas•

Enabling women to progress their careers through education in STEM and improving
their representation in leadership and high-income positions•

Supporting long-term physical, intellectual or sensory impairments which in interaction
with various barriers may hinder full and effective participation in education andemployment on an equal basis with others, including tackling discriminatory behaviors
and deeply rooted negative biases

France•Educational achievement and employability for migrants and people with a migrantbackground, including Roma and Traveller communities; refugees with a non-white
European background, including second- and third-generation migrants•

Enabling women to progress their careers and improving their representation inleadership and high-income positions•

Supporting long-term physical, intellectual or sensory impairments which in interaction
with various barriers may hinder full and effective participation in education andemployment on an equal basis with others

Germany•

Educational achievement and employability for refugees; ethnic and racial minorities,
including Turkish-German population•Enabling women to progress their careers and improving their representation inleadership and high-income positions•

Supporting long-term physical, intellectual or sensory impairments which in interaction
with various barriers may hinder full and effective participation in education andemployment on an equal basis with others

Hong Kong•

Educational achievement and employability for non-ethnic Chinese immigrants anddescendants•

Enabling women to progress their careers through education in STEM and improving
their representation in leadership and high-income positions

Information Classification: General4•Supporting long-term physical, intellectual or sensory impairments which in interaction
with various barriers may hinder full and effective participation in education andemployment on an equal basis with others

India

•

Educational achievement and employability of Socially Disadvantaged Groups, which
per the terminology used by the Indian government1 includes:
̶

Scheduled castes
̶

Other backward classes
̶

Denotified, nomadic and semi-nomadic tribes̶

Beggars̶Transgender•

Enabling women to progress their careers through education in STEM and improving
their representation in leadership and high-income positions•

Supporting long-term physical, intellectual or sensory impairments which in interaction
with various barriers may hinder full and effective participation in education andemployment on an equal basis with others, including tackling discriminatory behaviors
and deeply rooted negative biases

Ireland•

Educational achievement and employability for people of color, migrants, refugees, andthe Traveller community•

Enabling women to progress their careers and improving their representation inleadership and high-income positions•

Supporting long-term physical, intellectual or sensory impairments which in interaction
with various barriers may hinder full and effective participation in education andemployment on an equal basis with others

Italy
•

Educational achievement and employability for non-EU migrants and refugees, and theTraveller community•

Supporting access to employment opportunities in Italy, including addressing underrepresentation of women in leadership and managerial roles in the workplace•

Supporting long-term physical, intellectual or sensory impairments which in interaction
with various barriers may hinder full and effective participation in education andemployment on an equal basis with others

Japan1•

Educational achievement and employability for indigenous communities; descendantsof immigrants brought to Japan during the colonial period; newer ethnic minority
migrants•

Enabling women to progress their careers through education in STEM and improving
their representation in leadership and high-income positions•

Supporting long-term physical, intellectual or sensory impairments which in interaction
with various barriers may hinder full and effective participation in education andemployment on an equal basis with others

Brief overview | Department of Social Justice and Empowerment - Government of India

Information Classification: General5

Luxembourg•

Educational achievement and employability for non-EU migrants and people of color•

Enabling women to progress their careers and improving their representation inleadership and high-income positions•

Supporting long-term physical, intellectual or sensory impairments which in interaction
with various barriers may hinder full and effective participation in education andemployment on an equal basis with others

Poland•Educational achievement and employability for ethnic minorities and migrants, including
addressing Ukrainian migrants’ underemployment•

Enabling women to progress their careers and improving their representation inleadership and high-income positions•

Supporting long-term physical, intellectual or sensory impairments which in interaction
with various barriers may hinder full and effective participation in education andemployment on an equal basis with others, including addressing negative stigma andbias, lack of inclusive infrastructure, lack of policies and work/ study environments

Singapore•

Educational achievement and employability for ethnic minorities, including Malay andIndian•

Enabling women to progress their careers through education in STEM and improving
their representation in leadership and high-income positions•

Supporting long-term physical, intellectual or sensory impairments which in interaction
with various barriers may hinder full and effective participation in education andemployment on an equal basis with others

South Korea•

Educational achievement and employability for non-Korean immigrants and theirdescendants•

Enabling women to progress their careers through education in STEM and improving
their representation in leadership and high-income positions•

Supporting long-term physical, intellectual or sensory impairments which in interaction
with various barriers may hinder full and effective participation in education andemployment on an equal basis with others

Switzerland•

Educational achievement and employability for migrants, ethnic minorities, and peopleof color•

Enabling women to progress their careers and improving their representation inleadership and high-income positions•

Supporting long-term physical, intellectual or sensory impairments which in interaction
with various barriers may hinder full and effective participation in education andemployment on an equal basis with others

Taiwan•Educational achievement and employability for indigenous Taiwanese, including
migrants and their descendants

Information Classification: General6•Enabling women to progress their careers through education in STEM and improving
their representation in leadership and high-income positions•

Supporting long-term physical, intellectual or sensory impairments which in interaction
with various barriers may hinder full and effective participation in education andemployment on an equal basis with others, including tackling discriminatory behaviors
and deeply rooted negative biases

United Kingdom•

Educational achievement and employability for Black, Asian, Minority Ethnic (BAME)
community; migrants and refugees, including naturalized British citizens that initiallymigrated as asylum seekers•

Enabling women to progress their careers and improving their representation inleadership and high-income positions•

Supporting long-term physical, intellectual or sensory impairments which in interaction
with various barriers may hinder full and effective participation in education andemployment on an equal basis with others including addressing negative stigmas, unfit
working environments and infrastructures that continue to create extra challenges tosucceed in education and employment

Information Classification: General7