Individual Wealth Building

Foundation Communities was created in 1990 with a focus on empowering low-income families and individuals and has become a national leader in the asset-building movement. The nonprofit owns 18 affordable housing communities that provide apartments and duplexes to over 2,800 low-income families. It employs a "service-enriched" housing model that focuses on ending the cycle of poverty through housing and on-site service centers, providing programs such as financial literacy and education. It also has a matched savings program, which provides a $2 match for every $1 saved for the purpose of purchasing a home, college tuition, or small business expansion.

Individual Wealth Building

Capital Area Asset Builders

http://www.caab.org

Capital Area Asset Builders (CAAB) empowers low- and moderate-income residents of the Greater DC area to take control of their finances, increase their savings, and build wealth for the future. Founded in 1997 by several nonprofit organizations aiming to catalyze Individual Development Account (IDA) programs in Washington, DC, CAAB has since expanded its work to provide financial and consumer education, research and advocacy. Since its establishment, more than 2,000 people have participated in CAAB’s matched savings program, saving over $1,100,000 and earning over $3,500,000 in matching funds.

Community Action Project of Tulsa

http://www.captc.org

Founded in 1973, the Community Action Project of Tulsa has been a national leader in asset-based efforts. Through its Earned Income Tax Credit (EITC) Campaign and free tax preparation services, CAP served more than 17,000 clients during the 2008 tax season, resulting in almost $25 million in tax refunds. CAP was also one of thirteen national sites of the American Dream Demonstration project, which tested the viability of Individual Development Accounts on a national scale. Read more about Community Action Project of Tulsa...

Covenant Community Capital

http://www.covenantcapital.org

A nonprofit focused on increasing the capacity of low-income communities to develop affordable housing, grow business enterprise and build family and community assets, Covenant Community Capital launched its "Smart Savers Program" in 2001 in partnership with the United Way of the Texas Gulf Coast. Initially funded by a grant from the federal government, the partnership has expanded to include the City of Houston, the Houston Credit Coalition, several private banks, and a network of other community partners. Read more about Covenant Community Capital...

EARN

http://www.earn.org

Since 2001, EARN has helped tens of thousands of low-wage families in the San Francisco Bay Area through matched savings accounts, checking accounts for the unbanked, and financial coaching. The EARN Research Institute evaluates the impact of EARN’s work and publishes original data, sharing lessons learned and best practices. EARN is one of the two U.S. largest providers of goal-based savings accounts, and has helped 5,200 people save $6.2 million dollars since 2002. With of goal of helping 1 million low-income Americans save $1 billion dollars by 2022, in 2014 EARN launched an online starter account designed for low-income workers who have never saved before that provides small rewards for every $20 saved.

Grand Rapids Opportunities for Women

http://www.growbusiness.org

Founded in 1989, GROW is a non-profit organization dedicated to assisting women in the Grand Rapids region start up their own businesses. Among their many programs is an IDA program, which matches savings on at least a 1:1 basis. All IDA program participants must also attend financial literacy classes. Read more about Grand Rapids Opportunities for Women...

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Individual Wealth Building

Community Development Corporations (CDCs)

Foundation Communities