Cy pres awards are court-approved distributions of unclaimed or residual funds from class action settlements to nonprofit organizations whose work aligns with the purpose of the litigation and serves the public interest.

Commonwealth is eligible for and welcomes consideration as a cy pres recipient in matters related to:

• Financial security and economic opportunity for individuals, households, and systems
  
• Consumer financial protection and fair access to financial products and services
  
• Equity in financial systems and services
  
• Responsible use of data and technology in consumer finance

As a nonprofit, nonpartisan organization, our work advances research, field-building, and practical solutions that improve outcomes for people and communities most affected by financial instability and systemic financial harm. Cy pres awards help ensure that residual settlement funds continue to serve similarly situated individuals through mission-aligned, evidence-based work.

For cy pres inquiries or additional information, please contact:

Tim Flacke Co-Founder and CEO
tflacke@buildcommonwealth.org