MyPath

MyPath

National nonprofit advancing youth financial mobility

Overview

MyPath is a national nonprofit based in San Francisco that helps youth from low-income families gain financial stability and economic mobility. It designs programs that encourage saving and credit-building, shares proven approaches with other organizations, and provides training and technical assistance to help communities adopt these methods. It also collaborates with young people to push policy changes that support financial access and mobility. The organization’s work is supported by evidence published in sources like the Federal Reserve Bank of San Francisco, the Journal of Consumer Affairs, and the Consumer Financial Protection Bureau. In short, MyPath translates research into practical models, spreads best practices across the field, and advocates for policy that helps low-income youth build stronger financial futures.

About MyPath

Simplify's Rating
Why MyPath is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Social Impact

Education

Healthcare

Company Size

11-50

Company Stage

Grant

Total Funding

$1M

Headquarters

San Francisco, California

Founded

2011

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Simplify's Take

What believers are saying

  • SV2’s Spring 2026 grant validates MyPath’s mission and partner credibility.
  • Youth POWER members extend MyPath’s reach through peer education and advocacy.
  • Partnerships with nonprofits, cities, and financial institutions create scalable distribution.

What critics are saying

  • MyPath depends on philanthropic grants, leaving annual budgets exposed to renewal risk.
  • Partner dependence can reduce recruitment, product access, and program volume quickly.
  • Financial-wellness outcomes face slow attribution, weakening fundraising and renewal conversations.

What makes MyPath unique

  • Founded in 2007 with youth co-design, MyPath builds models with young people.
  • It launched the first college savings program and youth-employment banking program.
  • Its financial mentoring model won the James Irvine Leadership Award.

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Funding

Total Funding

$1M

Above

Industry Average

Funded Over

1 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Benefits

401(k) Retirement Plan

401(k) Company Match

Health Insurance

Dental Insurance

Vision Insurance

Paid Time off

Flexible Work Hours

Hybrid Work Options

Stock Options

Company Equity

Tuition Reimbursement

Professional Development Budget

Conference Attendance Budget

Wellness Program

Mental Health Support

Gym Membership

Phone/Internet Stipend

Home Office Stipend

Parental Leave

Family Planning Benefits

Fertility Treatment Support

Adoption Assistance

Childcare Support

Elder Care Support

Employee Discounts

Employee Stock Purchase Plan

Relocation Assistance

Paid Holidays

Paid Sick Leave

Bereavement Leave

Meal Benefits

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

-2%

2 year growth

-4%
Silicon Valley Social Venture Fund
May 15th, 2026
Economic Mobility & Inclusion Grant Round | Spring 2026.

Economic Mobility & Inclusion Grant Round | Spring 2026. May 15, 2026 - News SV2 is thrilled to announce its Spring 2026 Economic Mobility & Inclusion Grantees: Fortitude Careers and MyPath! Each organization receives an annual unrestricted grant of $30,000 for a total of $90,000, paired with SV2's "beyond-the-dollars" support and collaborative partnership. This selection was made possible by the dedicated participation of 38 Donor Partners and its Staff. SV2 Partners would like to extend a special thank you to Steve Mazer and Sophie Vong-Karlage for their compassionate, conscientious, and catalytic leadership as Co-Leads of this Grant Round. Fortitude Careers. Mission: To offer free eight-week programs designed to teach critical life skills alongside an introduction to the construction trades. The program aims to strengthen futures by combining "Life Mastery" training - including financial literacy and career services - with hands-on trades introduction and industry certifications. "Fortitude is part of the reason I keep going. Even now, when I'm going through challenges, I always think of Fortitude!" - A.D. Summer Build Participant Nicole founded Fortitude Careers with a commitment to reaching young people often overlooked by traditional systems - those navigating economic instability, learning challenges, trauma, or a lack of direction and support. Through persistence, community partnerships, and her unwavering belief in the potential of every participant, she has helped build pathways into trades careers that offer dignity, economic mobility, and purpose. Her leadership continues to shape Fortitude's mission of helping young people develop confidence, resilience, and the fortitude to redefine their futures. MyPath. Mission: To promote economic mobility and financial wellness for low-income youth by connecting them to savings and credit-building tools and pathways to economic power. "I joined MyPath my senior year in High School because I was interested in learning about the United States' financial system and financial tools. Since joining MyPath, I have felt more comfortable working and negotiating with financial service providers. I have also been able to expand other youths' knowledge about financial services and even advocate for our needs at the federal level. I believe youth's voice is power and we need to be supported every step of the way because we are the future." - Maria E., Youth POWER Member Margaret launched MyPath in 2007 in partnership with young people to design economic mobility models for youth from communities historically excluded from financial access. Based on the resulting financial capability innovations and impact - the country's first college savings program, first banking and savings program for youth employment programs and first financial mentoring model for young adults - Margaret and MyPath are recipients of the James Irvine Foundation Leadership Award, the National Innovation Award from Credit Builders Alliance, and the Soaring Eagle Award from Rise Economy. Beyond the selection of these two organizations, this Grant Round served as a profound learning experience for the SV2 community. Its Donor Partners did more than just evaluate applications; they immersed themselves in the complexities of the Bay Area's economic landscape. By engaging directly with the missions of Fortitude Careers and MyPath, its partners gained fresh perspectives on what it takes to build systemic equity. Upon reflecting on the journey, SV2 Donor Partners shared: "I was able to revisit a sector I care deeply about and re-think for myself what is most important and impactful. I learned not just about some new organizations but also about the sector as a whole, and felt like we were able to build community at the same time." - Deb Dauber, SV2 Donor Partner "I really appreciated learning about different organizations doing valuable and important work in the Bay Area and considering the many facets of and approaches to increasing economic mobility." - Linda Solon, SV2 Donor Partner These reflections underscore the heart of the SV2 model: that SV2 Partners grow as givers even as SV2 Partners support those doing the work. SV2 Partners is deeply grateful to have learned from so many inspiring and insightful examples of economic mobility and inclusion. SV2 Partners look forward to continuing its journey alongside its new Grantees and the entire SV2 community!

Pacific Publishing Group Inc.
May 14th, 2024
Citi Foundation selects hispanic foundation for $1M grant

The Citi Foundation announced nine nonprofits based in Northern California that have been selected as part of the fourth cohort of the Community Progress Makers initiative. Fresno Area Hispanic Foundation is among the nine nonprofits

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