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1:1 Fund Blog

The Current State and Future Evolution of Information Management Systems for CSAs

The Current State and Future Evolution of Information Management Systems for CSAs

As we note in Investing in Dreams, Prosperity Now’s comprehensive guide to designing Children’s Savings Account (CSA) programs, having an effective information system is critical for managing a CSA program.

By: Erin Thiemann
06/4/2019

Why Adding "Claiming" Provisions to State CSA Legislation is a Bad Idea

Why Adding "Claiming" Provisions to State CSA Legislation is a Bad Idea

In 2017, Nevada’s legislature passed a bill that requires the 200,000+ households in the Nevada College Kick Start (CKS) Program—one of three statewide, universal Children’s Savings Account (CSA) programs that automatically enrolls participants—to take action to receive the benefits of participating in CKS.

05/28/2019

1:1 Fund's Impact Report Shows Crowdfunding Model for CSAs is Stronger Than Ever

1:1 Fund's Impact Report Shows Crowdfunding Model for CSAs is Stronger Than Ever

The 1:1 Fund was launched in 2012 with a purpose of  encouraging individual donors to match Children’s Savings Account (CSA) contributions made by young people.

05/17/2019

A Flurry of Children's Savings Activity in State Legislatures

A Flurry of Children's Savings Activity in State Legislatures

Editor's note: This piece has been updated to include a universal CSA bill in Colorado. 

By: Shira Markoff
04/16/2019

California-Based 1:1 Fund Partners Get Financial Boost

The California Student Aid Commission awarded several 1:1 Fund partners grants to strengthen their CSA programs as part of a one-time, $3 million state grant program to support local CSA programs.

03/21/2019

1:1 Fund Partners Raise Nearly $32,500 in Spring into Savings Campaign

The 1:1 Fund held its first fundraising campaign of the year, Spring into Savings, from March 11-15. Six partners participated and combined to raise $32,488 in the five-day campaign.

03/21/2019

Community-Owned Children's Savings Program Set to Launch in Saint Paul Next Year

Community-Owned Children's Savings Program Set to Launch in Saint Paul Next Year

At his State of the City address on March 14, Saint Paul (MN) Mayor Melvin Carter announced a universal, at-birth Children’s Savings Account (CSA) program set to launch next year—

03/15/2019

6 Facts Showing Why the US Needs Children's Savings Accounts

Last month, Prosperity Now released its 2019 Scorecard, a comprehensive resource for data on household financial health, racial economic disparities and relevant policy recommendations.

02/26/2019

New Report: Children's Savings Accounts Are Rising Steadily in the US

New Report: Children's Savings Accounts Are Rising Steadily in the US

The children’s savings field continued to grow in 2018, according to a new report from Prosperity NowThe Movement Soars Ahead: The State of the Children’s Savings Field 2018 is the third annual children’s savings report by Prosperity Now.

02/14/2019

1:1 Fund Partners Raise $85,000 on #GivingTuesday

1:1 Fund Partners Raise $85,000 on #GivingTuesday

During the 1:1 Fund’s last quarterly campaign of 2018, Giving Tuesday, 13 CSA programs raised more than $85,000 from approximately 330 donors to fund incentives for young students to save for college. With matching dollars from the 1:1 Fund, the total amount raised came to almost $118,000. These totals marked another strong Giving Tuesday for the 1:1 Fund.

01/18/2019

"I Have A Dream" Des Moines is Now the By Degrees Foundation

"I Have A Dream" Des Moines is Now the By Degrees Foundation

After 28 years with the “I Have A Dream” Foundation, the Des Moines Dream affiliate has rebranded as a separate nonprofit: the By Degrees Foundation.

01/18/2019

Why Community Foundations Make Perfect Partners for Children's Savings Account Programs

Why Community Foundations Make Perfect Partners for Children's Savings Account Programs

Did you know that there are over 800 community foundations across the United States, and that these institutions—through their own grantmaking—distribute at least $4.3 billion annually to support a variety of nonprofit activities?

01/17/2019

1:1 Fund Ends Robust Year of Growth with Giving Tuesday

1:1 Fund Ends Robust Year of Growth with Giving Tuesday

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.

11/27/2018

KC Scholars and SEED Success Join 1:1 Fund

KC Scholars and SEED Success Join 1:1 Fund

Two new CSA programs based in Missouri – KC Scholars and SEED Success –  have joined the 1:1 Fund just in time for #GivingTuesday (November 27), our final quarterly campaign of the year.  Here’s what you need to know about the 1:1 Fund’s newest

11/19/2018

Filling the Gaps in CSA Research

Filling the Gaps in CSA Research

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

By: Shira Markoff
11/13/2018

SeedMA: Taking Massachusetts' CSA Program to Scale

SeedMA: Taking Massachusetts' CSA Program to Scale

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.

By: Alayna Van Tassel and Kelly Harrington
10/26/2018

New Field Scans Take an In-Depth Look at CSA Funding and Policy

New Field Scans Take an In-Depth Look at CSA Funding and Policy

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.

10/16/2018

2018 Prosperity Summit Prominently Showcases Children's Savings Accounts

2018 Prosperity Summit Prominently Showcases Children's Savings Accounts

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

09/25/2018

Springboard to Opportunities Announces Basic Income Pilot

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

09/19/2018

Partners for Youth Opportunity Savers Featured in Award-Winning Documentary

Partners for Youth Opportunity Savers Featured in Award-Winning Documentary

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.

09/19/2018