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Why Community Foundations Make Perfect Partners for Children’s Savings Accounts: Lessons from the Family Economic Security Alliance

by Angela Brown; Carl Rist

Jun 18, 2019

Spurred by an expanding field of practice, increasing support from state and local governments, and astrong body of research, children's savings accounts (CSAs) have emerged in the past fifteen years as apromising strategy for building assets and educational expectations for children and youth. To be effective, all CSA programs need local partners to support various aspects of program execution, including building community connections, helping with advocacy and outreach, and assisting program delivery.


In this brief, CFLeads articulates why collaboration between community foundations and CSA programs is in their mutual interest. We describe the variety of roles that community foundations can play in promoting the growth and success of CSA programs, and then identify the primary challenges encountered by community foundations in supporting CSAs. The brief concludes with key lessons learned about collaboration between community foundations and CSA programs.

Why Community Foundations Make Perfect Partners for Children’s Savings Accounts: Lessons from the  Family Economic Security Alliance