emergency-grants
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Canary
Canary is a New York-based benefits company that helps employers, nonprofits, and foundations give employees fast, dignified cash grants when a financial emergency hits. Its flagship product, Grant Circle, handles the legal, tax, and administrative machinery of running an employee relief fund so an organization can move money to a worker facing an eviction, a medical bill, or a natural disaster in days rather than weeks. Founded by Rachel Schneider - co-author of The Financial Diaries - Canary has channeled millions in emergency grants to workers, with an average grant of roughly $848.
Rachel Schneider
Rachel Schneider is the founder and CEO of Canary, a New York fintech that lets employers and donors give tax-free emergency cash grants to workers in crisis. Before building software, she spent years studying how American families actually handle money - co-authoring the acclaimed book The Financial Diaries with economist Jonathan Morduch - and held senior roles at Merrill Lynch, the Aspen Institute, and the Financial Health Network. Canary turned that research into a product: a confidential application that moves money to people at the moment they need it most.