Fundraising and Designing Incentives for Your CSA Program April 29, - PowerPoint PPT Presentation

Fundraising and Designing Incentives for Your CSA Program April 29, 2016 @CFED /CFEDNews cfed.org/blog/inclusiveeconomy

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CFED (Corporation for Enterprise Development) empowers individuals and families to build and preserve assets by advancing policies and strategies that help them go to college, buy a home, start a business, and save for now and for the future. We combine the vision of a think tank with real-world experience to : Identify Good Ideas : Develop Partnerships: CFED Bring Them to Scale : CFED’s research finds ideas with works in partnership with CFED brings together potential for making the diverse organizations across community practice, public economy work for everyone, the country to promote policy and private markets to particularly those on the lasting change. achieve the greatest economic margins. impact.

savingsforkids.org

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Bonnie Gettys Clint Kugler President/CEO Chief Executive Officer Barry Community Foundation Wabash County YMCA

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Annual Programmatic Costs Pilot Year Program Delivery Costs $69,000 Personnel $40,000 Consulting Fees $5,000 Supplies & Materials $2,000 Data Management $10,000 Program Evaluation $10,000 Travel $2,000 Savings Incentives $150,000 Initial Deposit $50,000 Savings Match $100,000 Total $219,000 *Not representative of any particular program

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Bonnie Gettys President/CEO Barry Community Foundation

@CFED /CFEDNews cfed.org/blog/inclusiveeconomy

@CFED /CFEDNews cfed.org/blog/inclusiveeconomy

@CFED /CFEDNews cfed.org/blog/inclusiveeconomy

Clint Kugler Chief Executive Officer www.promiseindiana.org Wabash County YMCA

PROMISE INDIANA COMMUNITY-DRIVEN/STATE-SUPPORTED

EDUCATIONAL SAVINGS

COLLEGE & CAREER DISCOVERY

Clint Kugler, PROMISE INDIANA

CHAMPION PROCESS

PILOT COMMUNITIES o July 2012: Introduced to the power of asset building o March 2013: Wabash County (Purple) o March 2014: LaGrange, Noble, Whitley (Purple) o March 2015: Howard, Jay, Kosciusko, Steuben (Blue) o March 2016: Benton, Blackford, Dearborn, Fulton, Marion and Marshall (Red) o Communities with interest to apply (yellow)

BY THE NUMBERS Our Reach Our Activation • 14 counties in • 6,000+ Indiana CollegeChoice 529 accounts • 43 school districts • 35%-55% deposit • 105 schools activity • 886 classrooms • $780,683 in savings • 20,378 students

PRIVATE FUNDING Families / Champions Community Foundations / United Way Health Care Business Faith Community Colleges / Universities

PUBLIC FUNDING Economic Development State Agency Partners City and County State Universities

DESIRED OUTCOMES Increase pipeline of qualified workforce Increase local/state tax revenue over $100m 1 Reduce need for social assistance 2 Decrease drug use and Illegal behavior 3 Strengthen funding streams to IN colleges and universities Improve health ranking 4 1 Brookings, 2015, 2,3,4 CollegeBoard, Education Pay 2013

DIVERSIFY FUNDING Local Regional National State

ACTIVATING COMMUNITIES Tangible Need Hope Shape Capacity Identity Educational Attainment Resolve

SUCCESSES CHALLENGES Champion Process Defining Success Communities Mobilizing Scaled Capacity Strategic Relationships Strategic Relationships Evaluation / Research Technology / Reporting

Would you be my champion?

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