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1:1 Fund Blog

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

#GivingTuesday Marks Culmination of Year of Growth for 1:1 Fund

#GivingTuesday Marks Culmination of Year of Growth for 1:1 Fund

#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.

11/28/2017

Changing the Odds for Children

Changing the Odds for Children

“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 

By: Shira Markoff
11/17/2017

As Maine Goes, So Goes the Nation

As Maine Goes, So Goes the Nation

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

10/30/2017

San Francisco’s Kindergarten to College Program Celebrates New Milestone: Half of All Public School Students Have CSA

San Francisco’s Kindergarten to College Program Celebrates New Milestone: Half of All Public School Students Have CSA

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.

10/20/2017

1:1 Fund Back-to-School Campaign in Full Swing This Week, Featuring Three New Partners

1:1 Fund Back-to-School Campaign in Full Swing This Week, Featuring Three New Partners

On Monday, the 1:1 Fund launched its annual Back-to-School Campaign to raise savings incentives for kids and teens saving in Children’s Savings Accounts (CSAs).

09/26/2017

1:1 Fund Partners Raise Nearly $67,000 During September Campaign

Three new organizations joined the 1:1 Fund just in time for our second-to-last fundraising campaign of the year, which had a Back to School theme.

09/19/2017

Two New Resources Highlight Path Forward to CSA Expansion

Two New Resources Highlight Path Forward to CSA Expansion

The recently-released 2017 Prosperity Now Scorecard shows several promising educational attainment trends. The national on-time high school graduation rate increased for the fifth consecutive year and now stands at 83%. Student loan default rates also declined for the third straight year.

08/28/2017

Expanding CSAs through Regional Collaboration

Over the past few years, we’ve seen a lot of energy around Children’s Savings Account (CSA) programs across the country, but the New England region has been particularly active. Three New England states – Maine, Rhode Island and Connecticut – now have statewide CSA programs in place, and both Boston and the Massachusetts State Treasurer’s Office launched pilot programs last year.

By: Shira Markoff
08/14/2017

CSAs and Early Awareness: NCAN Paper Includes College Saving Among Evolving Strategies to Promote College-Going in the Middle Grades

CSAs and Early Awareness: NCAN Paper Includes College Saving Among Evolving Strategies to Promote College-Going in the Middle Grades

One of the appealing qualities of Children’s Savings Accounts (CSAs) is that they address a number of important objectives in the development of young people, including teaching good financial habits, strengthening social and emotional skills, growing savings and building college expectations.

07/27/2017

Mayor Proclaims 'Durham Kids Save Day,' Presents Big Check to Young Saver

Mayor Proclaims 'Durham Kids Save Day,' Presents Big Check to Young Saver

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.

07/19/2017

Donors Share Why They Support 1:1 Fund Partners

Each quarter Prosperity Now’s initiative, the 1:1 Fund, coordinates fundraising campaigns to raise money for Children’s Savings Account (CSAs) programs.

07/14/2017

What Works in CSA Programs: New Research From Inversant

Inversant, a Campaign for Every Kid's Future partner, is a Children’s Savings Account (CSA) program provider working with more than ten community partners in Massachusetts.

By: Bahar Akman Imboden
06/27/2017

1:1 Fund Donor in Indiana Shares Motivation to Provide 'Hope to a Generation'

1:1 Fund Donor in Indiana Shares Motivation to Provide 'Hope to a Generation'

Since its inception, 1,875 donors have powered 1:1 Fund partners' ability to achieve their mission and expand economic opportunity.

05/19/2017

1:1 Fund Partners with Gift of College to Encourage Nevada Parents to Save

1:1 Fund Partners with Gift of College to Encourage Nevada Parents to Save

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

03/13/2017