Thank you, Roy A. Hunt Foundation!Leave a Comment
We’d like to take this opportunity to thank the Roy A. Hunt Foundation for supporting Neighborhood Allies’ Economic Opportunity for All work in 2019 with a $30,000 grant!
The Hunt Foundation recently awarded a $30,000 grant to support Neighborhood Allies’ Economic Opportunity program, which positions vulnerable individuals and families in Pittsburgh to increase their opportunities, skills and assets. We develop strategic partnerships, raise philanthropic and government funding, launch successful national programs, create new initiatives and analyze data to track outcomes.
Neighborhood Allies created the Asset Building Network to coordinate local resources. Launched in 2016, the network is a collaborative community for learning and advocacy that strengthens program and policy efforts to increase economic opportunity. We host a quarterly meeting of representatives of service providers, financial institutions, government and regional entities.
Through our Asset Building Network (ABN), we promote the following initiatives that provide opportunities to Pittsburghers to achieve financial health:
- Financial Opportunity Centers (FOC) offer three core services – employment counseling, access to benefits and financial coaching – that equip clients to increase earnings, build credit, reduce expenses and boost assets. Located at Goodwill of SW PA, Mon Valley Initiative and Oakland Planning & Development Corporation.
- The Financial Empowerment Center (FEC), an initiative with the City of Pittsburgh and Advantage Credit Counseling, provides free, one-on-one financial counseling by professionally trained counselors to help manage their finances, reduce debt, increase savings, improve credit and access safe banking. Counseling is integrated into ten social service agencies across the city.
- Fund My Future, a program of Propel Schools, offers incentives to families throughout Allegheny County to open bank accounts and save for their children’s future. Connected by 20 local partners and encouraged by the chance to win $1,000 each month, 2,800 families currently participate.
- Bank On Pittsburgh creates opportunities for unbanked and underbanked people to access basic, free or low-cost accounts with local financial institutions. Partnering with the Urban League and City of Pittsburgh, we promote the adoption of national account standards with banks and integrate banking access into social services.
- We created a Financial Counseling Cohort to meet the growing demand for trained and experienced financial counselors. 15 social service professionals build their skills through the Accredited Financial Counselor™ program and meet monthly for additional peer supports.
Our work would not be possible without the tremendous support of funders like the Hunt Foundation. Thank you for your continued commitment and support of our mission to support the people, organizations and partnerships committed to creating and maintaining healthy neighborhoods!