1:1 Fund Blog

Today is Giving Tuesday. For many nonprofit organizations, that marks the start of the charitable giving season running through the end of the year. The 1:1 Fund, Prosperity Now’s online platform to help fundraise for children’s savings account (CSA) programs, has had its two most successful days on Giving Tuesday.

Unlike most conferences in which experts share information with participants, last month’s Working Conference on CSA Research invited participants to roll up their sleeves and engage in discussions about the current gaps in research on children

Beginning in 2020, approximately 70,000 families a year will have the opportunity to join Massachusetts’ new statewide Children’s Savings Account (CSA) program, SeedMA Baby.

The Children’s Savings Account (CSA) field is dynamic, with new programs starting up and existing programs expanding and changing. To capture the trends in the field, Prosperity Now conducts an annual survey of CSA programs.

During the 2018 Prosperity Summit, Children’s Savings Accounts (CSAs) received a big platform when four trailblazing mayors—Melvin Carter of Saint Paul,

1:1 Fund partner Springboard to Opportunities announced in August that they are partnering with the Economic Security Project to begin the Magnolia Mother’s Trust, a universal basic in

Partners for Youth Opportunity, a 1:1 Fund partner in Durham, NC, works with older youth, providing them with extensive job training and paid internships, in addition to CSAs.

Coming out of the Great Depression and the New Deal, President Franklin D.

In 2003, Prosperity Now helped launch Saving for Education, Entrepreneurship and Downpayment (SEED), a national policy and practice initiative to demonstrate the potential of Children’s Savings Accounts (CSAs)as catalysts for social and economic mobility among low-income children.

Pennsylvania Governor Tom Wolf recently signed a law creating a statewide Children’s Savings Account (CSA) program.

During June’s Graduation Campaign, 1:1 Fund staff attended a fundraising event hosted by 1:1 Fund partner Inversant.

During last month’s Graduation fundraising campaign, 1:1 Fund partner Promise Indiana raised $83,202—the largest amount ever raised by a 1:1 Fund partner in one campaign.

In recent years, city officials have leveraged partnerships with financial institutions to create Children’s Savings Account (CSA) programs at the municipal level. The growth of these programs has been fueled by cities sharing best practices and learning from other existing municipal programs.

Note: This is a guest post from Christina Davila, Project Manager at El Monte Promise Foundation

As the 1:1 Fund’s newly released 2017 Impact Report showcases, the online fundraising platform that Prosperity Now created to support Children’s Savings Account (CSA) programs has grown dramatically over the last year.

On May 2, more than 50 Children’s Savings Account (CSA) practitioners, researchers and other supporters gathered at the Bureau of Consumer Financial Protection (“the Bureau,” formerly the Consumer Financial Protection Bureau or CFPB) in downtown Washington, DC.

1:1 Fund partner Springboard to Opportunities connects families living in affordable housing in Jackson, Mississippi with resources and programs that help them advance in school, work and life.

The 1:1 Fund has enabled a diverse array of Children’s Savings Account (CSA) programs to raise funds from donors, large and small.

Note: This guest post was written by Kaitlin Archambault, Director of Marketing & Communications for the “I Have A Dream” Foundation.

As we note in Investing in Dreams, Prosperity Now’s soup-to-nuts guide to designing effective Children’s Savings Account (CSA) programs, proper management information systems are critical for making CSA programs work.