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1:1 Fund Blog

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

College Savings for College Success: Helping Low-Income Families Access Higher Education Through 529 Accounts

College Savings for College Success: Helping Low-Income Families Access Higher Education Through 529 Accounts

Note: This is a guest post from Christina Davila, Project Manager at El Monte Promise Foundation

By: Christina Davila
06/27/2018

1:1 Fund Partners' Momentum Culminates in June Graduation Campaign

1:1 Fund Partners' Momentum Culminates in June Graduation Campaign

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.

06/13/2018

Five Themes Shaping the Growth of the Children's Savings Movement

Five Themes Shaping the Growth of the Children's Savings Movement

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.

By: Shira Markoff
06/1/2018

Springboard to Opportunities Hosts 5K Fundraiser for CSA Holders

Springboard to Opportunities Hosts 5K Fundraiser for CSA Holders

1:1 Fund partner Springboard to Opportunities connects families living in affordable housing in Jackson, Mississippi with resources and programs that help them advance in school, work and life.

05/18/2018

Five Years After the 1:1 Fund Started Growing CSA Donations, How is it Doing?

Five Years After the 1:1 Fund Started Growing CSA Donations, How is it Doing?

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

05/14/2018

Students Share How Children's Savings Accounts and Wraparound Services Help Them Achieve Their College Dreams

Students Share How Children's Savings Accounts and Wraparound Services Help Them Achieve Their College Dreams

Note: This guest post was written by Kaitlin Archambault, Director of Marketing & Communications for the “I Have A Dream” Foundation.

By: Kaitlin Archambault
04/27/2018

Information Systems Make Children's Savings Programs Work. Here are Three Things You Should Know About Them.

Information Systems Make Children's Savings Programs Work. Here are Three Things You Should Know About Them.

As we note in Investing in DreamsProsperity 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.

04/13/2018

Inversant Partners with Two New Initiatives to Boost Children's Savings in Massachusetts

Inversant Partners with Two New Initiatives to Boost Children's Savings in Massachusetts

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?

By: Cara Deshaies
03/27/2018

Durham, NC Mayor Steve Schewel Supports Durham Kids Save During Savings Week

Durham, NC Mayor Steve Schewel Supports Durham Kids Save During Savings Week

Durham, NC, Mayor Steve Schewel joined the Durham Kids Save team and partners earlier this month at Y.E. Smith Elementary for the final day of savings week. Durham Kids Save, a 1:1 Fund partner, provides each incoming kindergarten student at Y.E. Smith Elementary School with a $100 deposit in a child’s savings account and additional incentives to save.

03/19/2018

1:1 Fund Kicks Off 2018 Fundraising with Spring into Savings Campaign

1:1 Fund Kicks Off 2018 Fundraising with Spring into Savings Campaign

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.

03/13/2018

A New Learning Series to Build Momentum for the Children's Savings Movement

A New Learning Series to Build Momentum for the Children's Savings Movement

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.

02/27/2018

Report on State of Children's Savings Field Reveals Growing, Changing Movement

Report on State of Children's Savings Field Reveals Growing, Changing Movement

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

02/13/2018

Imagining CSAs as a Tool for Combating Wealth Inequality

Imagining CSAs as a Tool for Combating Wealth Inequality

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.

By: Willie Elliott
02/8/2018

Interested in Creating a CSA Program? Here's How to Get Started

Interested in Creating a CSA Program? Here's How to Get Started

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

01/30/2018

Partner Spotlight: Springboard to Opportunities Goes Beyond CSAs with Report on Racialized Social Exclusion

Partner Spotlight: Springboard to Opportunities Goes Beyond CSAs with Report on Racialized Social Exclusion

Editor’s Note: While the 1:1 Fund newsletter often shares stories about savers at one our 16 1:1 Fund partner sites, this story focuses on related research that one of our 1:1 Fund sites, Springboard to Opportunities, has conducted with New America to better understand the systemic barriers that hinder their families’ ability to build savings for the future.

01/19/2018

AFN Conducted the first-ever Survey on Private CSA funding. Here are the takeaways.

AFN Conducted the first-ever Survey on Private CSA funding. Here are the takeaways.

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.

01/18/2018

1:1 Fund Partners Raise Nearly $100,000 on #GivingTuesday

1:1 Fund Partners Raise Nearly $100,000 on #GivingTuesday

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. 

12/18/2017