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

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

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.

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