Its mission is to educate and provide the resources and opportunities for people of all ages to empower themselves to make informed financial decisions throughout their lives. Through the Trust Fund, and in collaboration with other public agencies and community based organizations, the Office of Economic Empowerment creates and supports programs, policies, and capacities that achieve these goals.
The Economic Empowerment Trust Fund was created pursuant to Section 31 of Chapter 46 of the Acts of 2015. It represents an expansion of the missions of the Financial Literacy Trust Fund and the Commonwealth Covenant Fund, both of which were recognized as 501(c)(3) non-profit organizations. Funding for the Trust Fund comes from grant funding and charitable/private contributions.