Earlier this summer, Durham Mayor William V. Bell proclaimed June 19 as “Durham Kids Save Day" as part of a presentation at City Hall. Durham Kids Save, a 1:1 Fund partner based in Durham, NC, helps low-income children save for college by providing all incoming kindergarten students at Y.E. Smith Elementary School with a savings account and an initial deposit of $100.
By: Bahar Akman Imboden
Last week, I attended the Federal Reserve Bank’s Strong Foundations: The Economic Futures of Kids and Communities conference.
By: Shira Markoff
As CFED has written about before, Gift of College, a national gift registry for 529 college savings plans and student loan accounts, launched the sale of plastic gift cards at Toys "R" Us and Babies "R" Us stores nationwide in an effort to increase uptake in 529 college sa
Washington, D.C. – The Nevada Treasurer’s Office, Gift of College and the 1:1 Fund today announced a new marketing partnership to encourage more Nevada parents to open a personal 529 account and link it with their child’s Nevada College Kick Start account.
Cities have been a hub of Children’s Savings Account (CSA) innovation, starting with San Francisco’s launch of the first universal, municipal CSA program, Kindergarten to College, which inspired the creation of many other
By: Kamolika Das
We have recently observed an uptick in news stories and legislation about Education Savings Accounts (ESAs), which are individual flexible use accounts funded by states for families’ private educational expenses. ESA legislation has been adopted in five states since 2011.
By: Shira Markoff
Supporters of Children’s Savings Accounts (CSAs) often point to the fact that CSAs increase economic opportunity. CSAs are designed to ensure that all families, especially those in low- and moderate-income communities, have at least a modest wealth endowment to pay for postsecondary education.
We couldn't think of a more exciting way to start 2014 than to have our new website recognized by The Nonprofit Times as "outstanding."
By: Kristin Lawton
A couple of weeks ago, WNET’s Need to Know feature on the Mississippi College Savings Account Program, one of two 1:1 Fund pilot sites, aired nationally on PBS. Recently, we spoke with Ernestine Bilbrew, VP of Program Development for the Mississippi Community Financial Access Coalition (MCFAC), to hear how the Need to Know segment impacted her and the MS College Savings Account Program.
By: Michael Chasnow