1:1 Fund Blog

Children’s Savings Account (CSA) programs aim to help children and youth build savings and increase their postsecondary educational attainment.

Every month, the Fund My Future Children’s Savings Account (CSA) program—which is open to all families in Allegheny County, Pennsylvania—conducts a raffle for families to win $50 or $1,000 for their children’s accounts.

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.

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.

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.

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

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.

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.

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.

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

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,