Jim Casey Initiative Builds on Momentum in Advancing its Vision for Young People

Posted August 17, 2016, By the Annie E. Casey Foundation

The Jim Casey Youth Opportunities Initiative’s Preparing for the Road Ahead: Helping Young People Transition from Foster Care to Adulthood touts impressive gains in how young people are faring. The report underscores a vision for building on this momentum to continue helping youth and young adults thrive socially, emotionally, financially, intellectually and physically.

The Jim Casey Initiative — which tracks how well young people are faring in critical areas such as permanence, financial capability, housing, and physical and mental health — points to notable strides among young people who have participated in its Opportunity Passport™ program, a matched savings program that helps build financial capability.

Key successes among Opportunity Passport™ participants include: 90% reporting they have an adult in their lives who can help them identify and achieve life goals; $5.5 million worth of vehicle assets have been purchased; and 1,000 have collectively purchased 1,445 housing assets, totaling more than $1.4 million.

This publication also highlights the Jim Casey Initiative’s key strategies, including:

  • teaching young people how to be financially capable to achieve personal goals;
  • integrating young people’s voices into every part of its work; and
  • collaborating with national and local partners in the public and private sectors, policymakers and young people to create conditions that improve outcomes for youth transi­tioning to adulthood.