What Springboard To Opportunities does

Springboard to Opportunities is a 501(c)(3) nonprofit founded in 2013 and headquartered in Jackson, Mississippi, that works alongside residents of federally subsidized housing to support their goals in school, work, and life. The organization serves approximately 2,500 people across four housing communities through on-site Community Specialists who provide navigation support, coaching, and referrals to essential services. Its defining program, the Magnolia Mother's Trust (MMT) launched in 2018, was the first guaranteed income initiative in the U.S. targeting extremely low-income Black mothers in federally subsidized housing, providing $1,000 per month for 12 months with no conditions; MMT has served over 550 mothers across 7 cohorts.

The organization's product portfolio extends beyond MMT to include Emergency Cash Disbursements (such as $150/month stipends during the 2022 Jackson water crisis), Lending Circles managed in partnership with Mission Asset Fund, cohort-based Fellowships in Education Advocacy, Workforce Systems, and Policy & Systems Change, a Resident Portal with self-service guides, and a Narrative Change program delivered through media partnerships including Ms Magazine's Front & Center series. Springboard also engages in policy advocacy at local, state, and federal levels on issues including childcare assistance, the Child Tax Credit, EITC, guaranteed income, and TANF, and conducts research in partnership with The Highland Project and brilliant corners.

The business model is a diversified nonprofit revenue structure combining individual donations and corporate giving, government and foundation grants (including awards such as the Elevate Prize and OpenAI Foundation funding), and service contracts with affordable housing providers. There are no participant fees; the Magnolia Mother's Trust and related programs deliver unrestricted cash and supportive services directly to residents. Springboard operates from a single geographic base in Jackson, MS but exerts national influence through replicated program models, media presence, and policy advocacy.

Name

Springboard To Opportunities

Legal name

Springboard to Opportunities

Website

https://springboardto.org

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Springboard to Opportunities is a 501(c)(3) nonprofit in Jackson, Mississippi serving approximately 2,500 residents of federally subsidized housing through guaranteed income (Magnolia Mother's Trust), emergency cash, fellowships, navigation support, and policy advocacy, with a core focus on low-income Black mothers.

Ownership category

akta.pro rank

Product category

Social Services and Economic Justice Nonprofit Programs

NAICS

Educational Support Services (611710), Grantmaking and Giving Services (81321)

SIC

Services-Social Services (8300), Services-Educational Services (8200)

akta.pro primary industry

Family & Parenting Education (Family Literacy, Parenting Skills) (EDAAAFAF)

akta.pro secondary industries

Youth-to-Adult Transition & Life Skills (Independent Living, Soft Skills) (EDAAAFAN), School Feeding & Social Protection Partnerships (Conditional Cash Transfers, etc.) (EDADALAL), Scholarships, Grants & Education Benefits Administration (Financing-adjacent) (FSAKAEAM)

Keywords

• Guaranteed income programs
• Affordable housing support
• Community navigation services
• Cash assistance programs
• Social services nonprofit

Headquarters

HQ city

Jackson

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Program disbursements (cash assistance to residents), Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Donations and Charitable Contributions: Individual donations, corporate giving, and charitable foundation support to fund operations and programs including the Magnolia Mother's Trust guaranteed income program.
2. Government and Foundation Grants: Grants from government agencies and foundations to support programming, policy advocacy, and operations.
3. Affordable Housing Service Contracts: Service contracts with affordable housing providers for resident navigation and support services in housing communities.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels7 records

Core offering

Springboard To Opportunities is a 501(c)(3) nonprofit that delivers direct cash assistance, resident navigation, and advocacy programs to families living in federally subsidized housing in Jackson, Mississippi. Its flagship offering is the Magnolia Mother's Trust, a guaranteed income program providing $1,000 per month for 12 months to low-income Black mothers, supplemented by emergency cash disbursements, lending circles, fellowships, and policy advocacy.

Product overview

Springboard To Opportunities is a nonprofit organization offering a coordinated suite of community support programs centered on economic justice for residents of federally subsidized housing. The core portfolio includes the Magnolia Mother's Trust (guaranteed income program providing $1,000/month to Black mothers), Emergency Cash Disbursement, and Lending Circles℠ for collective savings and lending. Supporting programs include Fellowships (Education Advocacy, Workforce Systems, Policy & Systems Change), a Resident Portal with guides and resources, Community Navigation services, Policy Advocacy initiatives, and Narrative Change/Storytelling programs. Together these offerings provide holistic support addressing financial stability, time, mental and physical health, and relational ties.

Differentiator

Problem solved

Functional benefit

Products and services

• Magnolia Mother's Trust (MMT) The longest-running guaranteed income program in the United States, providing $1,000 per month for 12 months to low-income Black mothers in Jackson, Mississippi with no strings attached. Includes optional programming related to goal setting, community building, mental health and self-care, and whole-family programs.
• Emergency Cash Disbursement Direct cash assistance program that responds to emergent needs of affordable housing residents, providing time-limited monthly payments during crises such as the Jackson water crisis and summer food insecurity.
• Lending Circles

Quantifiable outcome

• 78% of mothers felt more confident in achieving their goals after MMT participation
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• Mission Asset Fund (MAF)coreStrategic or Co-development PartnerMission Asset Fund manages the Lending Circles℠ program that Springboard offers to residents. Lending Circles enable participants to collectively contribute funds and receive loans for educational opportunities, housing deposits, car and housing down payments, and other financial goals.
• The Highland ProjectcoreStrategic or Co-development PartnerPartnership between The Highland Project, brilliant corners Research and Strategies, and Springboard to Opportunities for multi-year research polling Black women voters in Mississippi on economic, civic, and well-being perspectives.
• brilliant corners Research and StrategiescoreStrategic or Co-development PartnerPolling firm conducting research partnership with The Highland Project and Springboard to Opportunities on Black women's perspectives on wealth, opportunity, and well-being in Mississippi.
• Ms MagazinecoreStrategic or Co-development PartnerFront & Center is a groundbreaking first-person storytelling collaboration with Ms Magazine featuring voices of Springboard mothers navigating social safety net programs while caring for families, building careers, and working toward dreams.
• Mississippi State CapitolcoreOthersSpringboard hosts annual Capitol Advocacy Day at the Mississippi State Capitol where fellows and residents engage with legislators on policy priorities including childcare assistance, SNAP, and safety net benefits.
• Jackson Public SchoolsminorStrategic or Co-development PartnerEducation Advocacy Fellowship partners with Jackson Public Schools to equip parents and guardians with skills to advocate for children and drive positive changes in education.
• Mississippi Museum of ArtminorOthersAnnual Night of Storytelling events held at the Mississippi Museum of Art in Jackson, providing a venue for community celebration and resident storytelling.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• GiveDirectly: Global nonprofit that delivers unconditional cash transfers directly to households living in extreme poverty. Most directly comparable to Springboard's Magnolia Mother's Trust on mechanism (direct cash) and mission (cash as antipoverty tool).
• Stockton Economic Empowerment Demonstration (SEED): First U.S. city-led guaranteed income pilot launched in 2019, often cited alongside Magnolia Mother's Trust as foundational U.S. guaranteed income research. Comparable on cash-transfer mechanism and policy-influence ambitions.
• Magnolia Mother's Trust (program reference): Included only as a reference: Magnolia Mother's Trust is Springboard's own program, frequently compared with peer pilots such as SEED, OpenResearch, and the Compton Pledge when assessing the U.S. guaranteed income landscape.
• Chicago Resilient Communities Initiative: One of the largest U.S. city-funded guaranteed income pilots, providing $500/month to 5,000 residents. Comparable to Springboard in targeting low-income households with recurring unconditional cash, though at much larger scale and via municipal rather than nonprofit channel.
• Compton Pledge: Guaranteed income pilot serving residents of Compton, California. Comparable to Springboard on the no-strings-attached cash-transfer model and on serving predominantly low-income Black communities.

Broad incumbents

• YWCA USA: National nonprofit focused on empowerment of women and girls, including economic advancement and racial justice programming. Comparable to Springboard on the intersection of racial/gender equity and economic mobility for low-income women.
• Local Initiatives Support Corporation (LISC): Major national community development financial institution supporting affordable housing, economic development, and resident services. Comparable on resident navigation and community-based programming, though with a much broader funding and geographic footprint.
• Enterprise Community Partners: Large national nonprofit focused on affordable housing and community development. Comparable to Springboard on the affordable housing resident-services focus; operates at a much broader geographic and programmatic scale.

Others

• National Low Income Housing Coalition: National advocacy organization focused on federal affordable housing policy. Comparable to Springboard on the policy-advocacy dimension, especially around federally subsidized housing residents and safety-net programs (TANF, EITC).

Emerging players

• OpenResearch (formerly Y Combinator Research): Research organization that ran the largest U.S. guaranteed income study to date. Comparable to Springboard in shaping evidence and discourse around cash transfers, though focused on research publication rather than direct service delivery.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/SpringboardToOp
• Instagraminstagram.com/springboard_to
• Facebookfacebook.com/springboardtoopportunities
• LinkedInlinkedin.com/company/springboard-to-opportunities

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Springboard To Opportunities