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The Inclusive Economy

New Learning Series to Support a Growing Children’s Savings Field

By Monica Copeland on 03/03/2016 @ 09:30 AM

Tags: Children's Savings, News

The Children’s Savings Account (CSA) field is experiencing a growth spurt! Every few weeks, we hear about a new locality or organization that’s interested in developing a CSA program or introducing children’s saving legislation. To support the growth of the field, CFED released Investing in Dreams: A Blueprint for Designing Children’s Savings Account Programs last fall. This interactive, step-by-step guide helps program coordinators create CSA programs. To bring this publication to life, CFED is facilitating a learning series this spring and summer to highlight key concepts from the guide and showcase examples from successful CSA programs.

The learning series will provide beginner’s level content to those who are new to CSAs or just starting to think about designing a program. It will also spotlight various successful program models to give learning series participants concrete examples of program design options. The series kicked off with a webinar on February 25 that covered how to choose an account and select a financial partner. The webinar featured Colleen Quint from the Alfond Scholarship Foundation in Maine, which runs the Harold Alfond College Challenge, and Laura Woods from 1st Financial Federal Credit Union, which partners with the St. Louis College Kids program. If you missed last week’s webinar, you can access it here.

Future webinars will include the following topics:

  • Insights from Community-Based CSA Programs (March)
  • Fundraising and Designing Incentives for Your CSA Program (April)
  • Lessons Learned from Statewide CSA Programs (May)
  • Building Your CSA Design Team (June)
  • Everything You Wanted to Know About CSAs: Addressing FAQs (July)
  • Best Practices from City and Countywide CSA Programs (August)

The learning series is sponsored by the Campaign for Every Kid’s Future, a collaboration between policymakers, practitioners, researchers, funders, financial institutions and advocates dedicated to expanding CSAs to more families. By broadening the base of practitioners and advocates who are knowledgeable and excited about CSAs, the learning series will help build more support and momentum towards reaching the Campaign’s goal of 1.4 million kids with Children’s Savings Accounts by 2020.

To receive information about how to register for upcoming events in the CSA learning series, join the Children’s Savings Network.

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