The Opportunity Passport

Building Assets for Youth Aging Out of Foster Care

By the Annie E. Casey Foundation

June 5, 2009

Summary

This report shares select statistics and stories from the Opportunity Passport’s first five years. Readers will also learn how the program — developed by the Jim Casey Youth Opportunities Initiative — is connecting young people with essential financial opportunities as they transition from foster care.   

Table of Contents

Key Takeaway

Young people exiting care have missed out on key money management experiences

Young people aging out of foster care often lack the basic financial skills necessary for economic success. Enter Opportunity Passport, which offers a matched savings account that gives these youth a critical chance to manage their finances, interact with the mainstream banking system and set aside money to purchase assets.  

Findings & Stats

Statements & Quotations