Research shows that family economic security is a key to creating the conditions that help children be successful in learning, in school and in life. Our goal is to build economic security for vulnerable children and their families through sustained income and asset accumulation.
The primary needs of the family must be addressed to create pathways out of poverty for children. We support programs that increase family stability, foster quality jobs, careers and entrepreneurship, and promote secondary achievement and financial independence. We support strategies that increase income, assets, and aspirations of vulnerable children and their families and reduce disparities based on class, gender and race.
We focus on three areas, each with a direct impact on the ability of families to generate income and accumulate assets:
Support strategies that connect our target population of vulnerable families to existing services and benefits in the most effective and empowering manner possible.
* Financial education
* Bundled services
* Early learning/child care options
Support pathways that lead to economic mobility and quality job opportunities.
* Community college/employer engagement
* Quality jobs/advancement opportunities
Support strategies that build assets and invest in policy and practice innovations that address the systemic issues related to breaking the cycle of poverty.
* Policy innovation
* Increase tools for asset development
We seek to organize community colleges to create stronger educational linkages between high schools and employers, while serving as a community resource and engagement center for low-income youth and families.
Bundle Supports and Services To Reach People Where They Are
While most economic security strategies focus on individual elements, we work on collaborative efforts that address and support both increasing earnings and asset development for children and families, e.g., Individual Development Accounts, Kids’ Savings Accounts, Earned Income Tax Credit, and microfinance and mortgage assistance.
Gender Matters: Clarify and Promote the Gender Perspective
A critical focus of the Family Economic Security is improving the economic conditions of the families and children who live at 200% of poverty and below. Data shows us that high percentage of low-income children is economically dependent on single mothers. Our work will invest in projects that take this gender specific focus to meet the needs of this population group.
Account for Culture and Racial Disparities
Through our commitment to racial equity and cultural competency, we have gained a powerful understanding of the relationships between cultural significance and racial disparities in income, employment, education and work. We seek to leverage that understanding in moving the field to address those disparities, and to emphasize racial equity and cultural competence in its leadership and community representation.