1:1 Fund Blog

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

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.

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

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.

The cost of education and student debt is on the rise in America, a story told frequently in local and national news. So how does a low-to-moderate income family begin to save money for their child to get a post-secondary education?

Prosperity Now’s recent report, The Movement Takes Off: The State of the Children’s Savings Field 2017, highlights that 69% of Children’s Savings Account (CSA) programs’ financial support comes from the philanthropic community.

Prosperity Now’s Children’s Savings team is excited to announce a new Children’s Savings Accounts (CSA) webinar program for 2018: the Children’s Savings Accounts Learning Series. These webinars are designed to share knowledge and best practices to help organizations develop stronger, more sustainable CSA programs.

This morning, Prosperity Now published The Movement Takes Off: The State of the Children’s Savings Field 2017, an overview of findings from the Children’s Savings Account (CSA) program survey. Conducted annually, the survey assesses a plethora of aspects of the design and operation of the CSA program respondents, including number of accounts, account incentives, wrap-around services fo

Children’s Savings Account (CSA) programs are interventions that seek to build assets for children to use as long-term investments, particularly for postsecondary education. These programs are operating in several jurisdictions around the United States and are proposed in many more.

In December, the Los Angeles City Council approved a contract with Prosperity Now to help develop a Children’s Savings Account (CSA) program for the nation’s second-most populous city. The program, when fully implemented, will open a savings account for ev

Readers of Prosperity Now’s blog may be familiar with Children’s Savings Accounts (CSAs), but it’s important to note that the field is still relatively new.

The 1:1 Fund, conceived and capitalized by Prosperity Now, makes it easy for children’s savings programs to raise matching funds from individual donors, large and small, thereby enabling these donors to match the CSA contributions of young savers. 

#GivingTuesday is today. Celebrated on the Tuesday following Thanksgiving, for many organizations it marks the start of the charitable giving season that goes through the end of the year. For the last two years, #GivingTuesday has been a high-water mark for the 1:1 Fund, accounting for two of the highest days of giving in 1:1 Fund history.

“There is a difference between helping children beat the odds and actually changing the odds for all kids.” Karen Pittman of the Forum for Youth Investment made that powerful statement at the beginning of her keynote address at the 

At one point in American history, the phrase “as Maine goes, so goes the nation” was a common phrase in politics. The saying referred to Maine’s status as a bellwether of presidential elections at a time when Maine held its gubernatorial elections in September. The phrase has fallen out of use in more recent times and, for most Americans, Maine’s status as a largely rural state with an aging po

For many in the financial empowerment and asset building fields, San Francisco’s Kindergarten to College (K2C) program has been a model Children’s Savings Account (CSA) program to watch and replicate. Established in 2011, it was the first universal, public CSA program in the country.