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The Steve Fund

Supports youth of color mental health

Overview

The Steve Fund supports the mental health and emotional well-being of young people of color by partnering with colleges, nonprofits, researchers, families, and communities to promote applicable programs and resources. It implements its approach through partnerships, program development, training, and sharing evidence-informed practices to help schools and organizations address stigma and access barriers. It stands apart by centering the needs and experiences of young people of color and working within higher education and community networks to tailor solutions. Its goal is to reduce mental health disparities and ensure timely, culturally informed support so students of color can thrive academically and emotionally.

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About The Steve Fund

Simplify's Rating
Why The Steve Fund is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Social ImpactEducationHealthcare

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

Charlotte Amalie, United States Virgin Islands

Founded

2015

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Simplify's take

What believers are saying

  • December 2025 reported 5 million-plus people reached, proving scalable distribution.
  • My Digital Sanctuary engaged 3.4 million young people since spring 2025, showing strong product traction.
  • New 2026 campaigns around burnout and HBCU mental health deepen institutional demand.

What critics are saying

  • Grant and corporate partner concentration threatens operations if sponsors like Morgan Stanley retreat.
  • Impact depends on universities adopting programs; slow campus procurement delays revenue and reach.
  • Openly accessible competitors like Crisis Text Line and Headspace can commoditize support channels.

What makes The Steve Fund unique

  • The Steve Fund pairs culturally responsive mental health content with campus and employer partnerships.
  • Its 2026 network spans 250 partner institutions and organizations across youth mental health.
  • The STEVE text line and My Digital Sanctuary create always-on, low-friction support.

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Benefits

  • Health Insurance
  • 401(k) Retirement Plan
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Remote Work Options

Company News

Child Mind Institute
Apr 17th, 2025
Black Families and Youth Mental Health: Panel Discussion

The Child Mind Institute, in partnership with The Steve Fund, recently released findings from their Mental Health Support for Black Families study.

Philanthropy Women
Apr 24th, 2024
Dr. Janet Wormack is the New CFO and COO of The Steve Fund

The Steve Fund announced the appointment of Dr. Janet Wormack as the organization's new Chief Financial and Operations Officer.

PR Newswire
Nov 15th, 2022
A Not So Happy Holiday: The Steve Fund Offers Useful Tips To Young People Of Color And Their Families Struggling With Seasonal Stress, Anxiety

The nonprofit mental health organization provides new resources for communities of color. NEW YORK, Nov. 15, 2022 /PRNewswire/ -- The Steve Fund (TSF), the nation's leading nonprofit organization supporting the mental health and wellbeing of young people of color, is launching new mental health and wellness tips to help combat the stress and anxiety that often affects communities of color during the holiday season

KULR 8
Feb 15th, 2022
Abercrombie & Fitch Co. partnered with The Steve Fund on Jan 1st 20'.

Abercrombie has partnered with The Steve Fund since 2020 as part of The Abercrombie Equity Project, the brand’s initiative dedicated to social and racial justice.

Mailchimp
Feb 1st, 2022
Steve Fund launches SpeakOnIt podcast series

Steve Fund is proud to announce the launch of its new SpeakOnIt podcast series.

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