Capital One Foundation

Capital One Foundation is a grant program from Capital One Foundation that funds nonprofits working to expand economic opportunity, improve financial well-being, and build stronger communities nationwide. Funding priorities include affordable housing, small business development, financial access for low- and moderate-income individuals, and community revitalization.

The foundation operates under a $265 billion Community Benefits Plan developed as part of Capital One's acquisition of Discover. Grants are available to nonprofits nationwide, with award amounts varying by project and initiative. The foundation primarily sources grantees through ongoing relationship development and invitation-only processes, with select open calls and RFPs.

Organizations working in economic mobility, homeownership, small business ecosystems, and neighborhood revitalization are encouraged to engage with Capital One's community partners.

At Capital One, we believe real change starts where it matters most: in our communities. Photo: Capital One supported the construction of Terwilliger Place, Virginia’s largest affordable housing development for veterans. Learn more We’re on a mission to change banking for good.

We’re committed to transforming lives and neighborhoods to build more than wealth, creating possibility and opportunity. Our $265 billion Community Benefits Plan, part of our acquisition of Discover, is designed to expand economic opportunity for low- and moderate-income consumers and communities. Through this plan, developed in partnership with leading community organizations, we will continue our mission to Change Banking for Good.

Create economic opportunity We’re harnessing our scale, innovative spirit and community partnerships to help more people access affordable, best-in-class financial products and services, achieve lasting security and build generational wealth.

Improve financial well-being We will expand access to capital and credit, enabling small businesses to grow, individuals to weather financial shocks and build wealth and neighborhoods to be places of opportunity. We are deepening our partnerships with over 800 nonprofits and community organizations, scaling our support to enable local leaders to drive sustainable solutions.

Ready and resilient consumers We’re continuing to reimagine banking with simpler, more affordable products that expand access to financial opportunity. Safe, stable housing is the foundation of financial security. We’re committed to helping individuals and families obtain their version of the American dream.

Grow and sustain small business Dedicated entrepreneurs and small businesses drive local economies by creating jobs and building wealth in communities across America. We’re sparking economic opportunity by investing in the building blocks of vibrant neighborhoods: modernized schools, financial services (CDFIs) and healthcare facilities.

$25M open call to expand pathways to homeownership Capital One, the Capital One Foundation and Lever for Change announced the launch of Scaling Pathways to Homeownership, a $25 million Open Call designed to identify and support bold solutions that expand access to affordable homeownership in the United States.

Capital One and HOPE: A decade of partnership supporting prosperity in the Deep South Building Affordable Homes Philanthropic investment expands Capital One’s ongoing investment in affordable housing & community revitalization across Chicago Benefits of LIHTC Expansion To expand local economies, adding affordable housing supply is key Supporting Entrepreneurs in RVA The Entrepreneur Empowerment Program is leveraging a collaboration between four organizations to build a small business ecosystem Capital One announces $1 million investment for The Bronx Expanding growth and opportunity in NY, Capital One unveils new Café at Fordham Road, alongside $1M in Bronx community giving.

Marla Bilonick, President & CEO, NALCAB “We’re thrilled to have had the chance to include our expertise and our members’ perspectives in the development of a community benefits plan with Capital One. Capital One consistently and proactively seeks constructive community feedback — then takes it a step further by incorporating that feedback into their product and service delivery.

” Michelle Whetten, Vice President & Gulf Coast Market Leader, Enterprise Community Partners “CDFIs are powerful local engines–especially in New Orleans, where adaptability and innovation are second nature.

Capital One’s commitment will help local CDFIs deliver flexible, low-cost capital that drives economic development, provides critical support for first-time homebuyers and small businesses and meets the urgent needs of our communities. ” Anthony Bellmon, Pennsylvania State Representative “The Capital One Community Benefits Plan represents the kind of bold, comprehensive investment our communities have long needed. ” Vanessa L.

Gibson, Bronx Borough President “This funding will help uplift local businesses, support job creation and expand access to critical financial resources. The new Capital One Café on Fordham Road is more than just a banking space; it’s a hub for opportunity and community empowerment. ” Frequently asked questions Has Capital One started deploying the $265 billion Community Benefits Plan?

Yes. The process of implementing the plan has begun, and will continue over the course of the next five years. Can I apply for funding now?

Our grant process for the CBP will follow our typical practice of always-on sourcing and relationship development, and we will only be accepting grant requests received by invitation. In select cases, we may supplement our approach with an open call or RFP process. Capital One’s approach recognizes the need to apply most of our funding against solutions that are driven locally at a market level.

This is also supplemented with select partnerships with national organizations that have demonstrated ability to innovate and drive impact at scale. When will more information be available? This site will continue to be updated with new information on our commitments, partners, and progress.

Existing and potential community partners are not required to take any new or additional action related to Capital One’s CBP. Has the plan changed since it was first announced? Our Community Benefits Plan was designed to meet the needs of the communities and may evolve as new needs are identified.

We will publish ongoing updates to this website and share formal updates on an annual basis, starting in the second quarter of 2026. Who can I contact if my organization has an idea or wants to share information about our work? More information about the intake process will be available in the coming weeks.

We continue to source ideas and opportunities through ongoing conversations with local leaders and our current community partners. Can an organization receive funding in more than one Community Benefits Plan impact area? Yes.

Many organizations operate across multiple issue areas, and we recognize that their impact often spans more than one area of the Community Benefits Plan. Funding decisions are made based on the alignment of an organization’s work with the plan’s goals on a case by case basis. You are now leaving the Capital One website You're leaving the Capital one website and heading to an external site.

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