At the Casey Foundation, we believe that children's ability to thrive is powerfully influenced by the economic circumstances in which they grow up. Improvements in child well-being are closely tied to improvements in the economic security and success of their families. Because of this, we support programs and policies that help parents secure a steady income and build assets so that they are better able to meet the physical, emotional, and educational needs of their children.
The Foundation’s investments in income security seek to accomplish the following:
- Address the need to make work work and make work pay by ensuring public policies and programs help low-income parents find and keep jobs, as well as protect against unforeseeable life events that present financial setbacks;
- Encourage the use of federal and state tax and budget policies to increase support for low-income working families with children; and
- Ensure families can rely on a strong public safety net when they experience emergencies and periods of hardship by working with states to make good decisions about programs and policies.
We believe that federal and state-level policy decisions are powerful determinates of family and child economic well-being. For this reason, we focus our work on policies and programs such as Temporary Assistance for Needy Families, the Earned Income Tax Credit (EITC), federal nutrition programs, and unemployment insurance, all of which have huge impacts on families' economic success. Since 1999, we have been working with several dozen grantees and funding partners through a State Fiscal Analysis Initiative to explore ways to reform the U.S. and state tax systems in order to help struggling working parents in the bottom third of the nation’s families.
Results of our work and that of our grantees include helping to expand the EITC at a state and federal level; encouraging states to adapt food stamp systems to better serve families in need; and reforming policy on unemployment insurance to help low-income families during economic hard times.