Will Asset-Building Policies Lead to Equity? Applying the Racial Wealth Audit

The Foundation recently recommended four policy prescriptions to help all families build assets and savings while reducing the racial wealth gap. But how would we know whether these  policies could really be successful in promoting greater equity? Enter the Racial Wealth Audit, developed by the Institute on Assets and Social Policy at Brandeis University in partnership with Demos, to help answer that question.

February 14, 2016

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Equipping Young People in Foster Care to Manage Their Finances

Youth who leave foster care often say lacking basic knowledge about finances is a major hurdle they encounter as they transition to adulthood. A new federal requirement calls for child welfare agencies to order annual credit reports for all youth in foster care, which has created a unique set of challenges for agencies with little knowledge of credit issues. A number of resources are available to help agencies implement the requirement and build the knowledge and skills of all youth and young adults in foster care so they can successfully manage their finances.

June 22, 2015

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Building Financial Capability for Youth Transitioning from Foster Care

This issue brief arrives 13 years after the launch of Opportunity Passport™, a targeted intervention seeking to build financial capability in youth transitioning out of foster care. Readers will learn about the initiative’s latest participant survey results, strategies for expanding the Opportunity Passport™ framework, and how policy makers can help strengthen financial literacy and experiences among foster care youth. Opportunity Passport™ is a product of the Jim Casey Youth Opportunities Initiative.  

July 11, 2014

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