The Tow Foundation has announced the 2025 Innovation Fund, a grant opportunity aimed at nonprofit organizations that are innovatively expanding access to care and support for youth mental health and well-being. This initiative seeks to support organizations that serve young people from birth up to the age of 25. The Foundation plans to distribute grants ranging from $300,000 to $1 million over a period of three years to up to 10 organizations that demonstrate a commitment to improving youth mental health and well-being.

The purpose of the 2025 Innovation Fund is to build on the success and lessons learned from the previous 2021-2022 Innovation Fund. The earlier fund focused on mental health, early childhood intervention, and the reduction of gun violence. The current fund continues this work by supporting innovative approaches to persistent challenges in youth mental health, emphasizing interventions across the prevention to treatment continuum.

Eligible applicants are nonprofit organizations that are actively working to expand access to mental health care and support for youth. Organizations interested in applying must submit their applications by 11:59 p.m. Eastern Time on May 23, 2025. The Tow Foundation has provided a Request for Proposal document for download to guide applicants through the process. Additionally, an informational webinar is scheduled for May 7, where prospective applicants can learn more about the fund and ask questions.

Due to the anticipated high volume of responses and the limited capacity of the Foundation's staff, individual calls with prospective applicants will not be scheduled. Instead, interested parties are encouraged to attend the informational webinar to gain further insights into the application process and requirements. Questions regarding the fund can be directed to the email address innovationfund@towfoundation.org.

The timeline for the 2025 Innovation Fund includes the opening of applications, the informational webinar on May 7, and the application deadline on May 23, 2025. Specific award dates have not been provided, but applicants are encouraged to stay informed by signing up for the Foundation's newsletter for the latest updates.

Overall, the 2025 Innovation Fund represents a significant opportunity for nonprofit organizations dedicated to improving youth mental health and well-being through innovative and effective approaches. The Tow Foundation is committed to supporting these efforts by providing substantial financial resources to organizations that align with its mission and objectives.