Innovative Partnerships to Maximize Reach and Distribution ASEC Partners Meeting – October 20, 2010 Washington, DC.

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Presentation transcript:

Innovative Partnerships to Maximize Reach and Distribution ASEC Partners Meeting – October 20, 2010 Washington, DC

Why Community-Level Initiatives? Origin: Desire to provide unbiased financial education resources to local audiences Alignment with Foundation Goals:  Reach underserved individuals and families  Leverage existing, high-quality resources by opening new distribution channels  Focus on replicable and cost-effective models Partnerships:  Expand capacity and improve participant outcomes  Provide expertise to serve community-specific needs

Innovative Partnerships American Library Association Trusted channel to geographically and demographically diverse audiences Key elements:  Use Foundation-funded material  Leverage technology  Involve branch networks / regional organizations  Partner with local service and civic organizations  Create sustainable ways to help United Way Worldwide Uptick in grant proposals from community-based organizations UWW launch of its innovative Financial Stability Partnership Evidence suggested support for local projects unified by common goals yields positive results Opportunity to build capacity Similar elements

Smart library A Growing Program... Project Locations: 2009 Grantees 2008 Grantees 2007 Grantees 2010 Grantees Coming in December

Smart library Web site: Key Statistics:  48 Grants  44 Grantees,  Over 500 Library Facilities  Service Area Population: million Source: US Department of Education

Financial Education in Your Community A Grant Program from the FINRA Foundation & United Way Purpose: To better support and expand financial and investor education at the community level Results: 12 grants totaling $1.5 million  7 local United Ways  5 community-based organizations 2010 Grant Process: Second round of Financial Education in Your Community grants will be awarded in Twelve to fifteen organizations will receive awards, ranging in size from $5,000 to $150,000 over a month period.

Appalachian Community Enterprises, Inc. (Cleveland, GA) Arizona State University Foundation (Tempe, AZ) Coastal Coalition for Children (Brunswick, GA) Four Bands Community Fund (Eagle Butte, South Dakota) The RISE Foundation, Inc. (Memphis, TN) United Way of Buffalo and Erie County (Buffalo, NY) United Way Capital Area (Austin, TX) United Way of Central & Northeastern Connecticut (Hartford, CT) United Way of Chester County (West Chester, PA) United Way of Dane County (Madison, WI) United Way of the Midlands (Omaha, NE) United Way of San Antonio & Bexar County (San Antonio, TX) Financial Education in Your Community 2009 Grantees

Innovative Partnerships to Maximize Reach and Distribution ASEC Partners Meeting – October 20, 2010 Washington, DC