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The company once focused on education, but now, with recession fears growing, it wants to help more local and state agencies administer benefit programs. Beam’s platform offers tools for rent relief and other programs.

Eric Schmidt’s philanthropic organization has launched a program meant to spark innovation for access to benefits for low-income residents. Funding, technical help and partnerships are all part of the effort.

In Partnership with Ballmer Group, the Bill & Melinda Gates Foundation, and Charles and Lynn Schusterman Family Philanthropies, Schmidt Futures has named twelve innovative organizations as recipients of the Social Safety Net Product Studio grant, a $13 million initiative to accelerate innovation and open access to over $100 million in safety net benefits for low-income families across the country.

Colleges are establishing basic needs hubs, affordable housing options and safe parking programs.

A recent analysis from Beam's, formerly Edquity, student responses showed transportation as one of the top basic needs insecurity categories.

Minnesota’s state commission on national and community service is partnering with Edquity to help AmeriCorps members through unexpected financial challenges.