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1:1 Fund Blog

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

Don't Just Survive, Thrive: An Asset-Building Agenda to Fight Poverty

Don't Just Survive, Thrive: An Asset-Building Agenda to Fight Poverty

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

By: Willie Elliott
08/27/2018

Reimagining Children's Savings Policy to Address the Racial Wealth Divide

Reimagining Children's Savings Policy to Address the Racial Wealth Divide

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.

08/14/2018

Inversant's June Fundraising Event Showcases Impressive Community-Level Support

Inversant's June Fundraising Event Showcases Impressive Community-Level Support

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

07/19/2018

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.

07/19/2018

Webinar to Explore What Localities Can Learn from Each Other's CSA Efforts

Webinar to Explore What Localities Can Learn from Each Other's CSA Efforts

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
07/13/2018