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Asset Building for Children

Over 1.3 million American children born each year – and more than half of minority children – are born into families with negligible savings to invest in their futures. Yet research and practice have shown that family ownership of even a few thousand dollars in assets can give children not only a measure of economic security, but also a transformative sense of possibility and hope for the future.

CFED is engaged in a range of strategies to provide savings and asset-building opportunities for all children in the United States through large-scale programs, innovative partnerships, and effective public policy. We call this body of work Asset Building for Children – or ABC. Through ABC, CFED aims to integrate savings and asset-building strategies into existing systems serving children and youth, including municipalities, schools, early childhood development programs, after school initiatives and other related networks.

About ABC

Through ABC, CFED seeks to provide children and their families the opportunity to save for the future. We achieve this through six strategic components:

● Savings
● College Success
● Financial Education
● Partnerships
● Products
● Policy

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ABC Initiatives

CFED has established several major ABC initiatives:

● The Partnership for College Completion (PCC)
● W. K. Kellogg Foundation ABC Initiative (Kellogg ABC)
● Community Innovation and Municipal Partnerships
● The Saving for Education, Entrepreneurship and Downpayment (SEED) Initiative

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ABC Policy

CFED is opening the door to asset-building opportunities for all children and youth through the development and expansion of federal and state children’s savings policy.

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Research & Resources

Visit our Research and Resource Library for more information, including:

● Research
● Practice
● Policy
● Lessons from the field

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