About
Canary is contributing to the evolution of the 21st century social safety net to ensure that individuals can access emergency funding in times of financial need.
Challenge
Millions of working Americans experience financial crises each year, which often have long-lasting effects both at home and at work. Colleagues, friends, and employers often want to step in and help in these moments, but raising and distributing emergency funds efficiently and fairly across a community is compliance-heavy, administratively complicated, and expensive.
Solution
With Canary’s Grant Circle software, employers and their employees can contribute to funds that provide colleagues emergency support efficiently, quickly, and with dignity. A user-friendly, mobile-optimized online experience and streamlined application allow qualifying employees to receive funds in a timely manner.
Financial Health Focus
Canary is dedicated to obtaining data-driven insights to improve impact for both grant recipients and sponsoring organizations. Canary includes financial health questions as part of onboarding, surveys applicants several times after a decision on their grant is made, and conducts qualitative interviews to obtain deeper insights into impact and applicant experiences.