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—
Last month, Prosperity Now released its 2019 Scorecard, a comprehensive resource for data on household financial health, racial economic disparities and relevant policy recommendations.
The children’s savings field continued to grow in 2018, according to a new report from Prosperity Now. The Movement Soars Ahead: The State of the Children’s Savings Field 2018 is the third annual children’s savings report by Prosperity Now.
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.
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.
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?
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
By: Shira Markoff
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
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.
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.
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.
By: Gevin Brown
During June’s Graduation Campaign, 1:1 Fund staff attended a fundraising event hosted by 1:1 Fund partner Inversant.
Promise Indiana Raises Record-Shattering $83,202 During 1:1 Fund Graduation Campaign, Funding Thousands of CSAs
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.
By: Gevin Brown