CSA Virtual Discussion: Connecting Families to Financial Resources and the Changing CSA Funding Landscape May 14, 2020 2:00 – 3:15 PM EST
Welcome Oliver Robinson Program Associate, Children's Savings Prosperity Now
Housekeeping • This webinar will be recorded and will be made available to registrants • All webinar attendees are muted to ensure sound quality • Ask a question or share your thoughts anytime by typing into the text box of your GoToWebinar Control Panel • If you experience any technical issues, email gotomeeting@prosperitynow.org
Housekeeping Want to be unmuted? Dial in by phone and enter your To be unmuted : If you connected via audio pin — then raise your hand! phone, make sure you enter your audio PIN . The audio PIN is in the Audio table of your control panel. If you are connected via computer audio, your audio PIN is already set. If the control panel is closed, click on the arrow icon to expand your view. To be unmuted and join the conversation click the “Raise Hand” icon and we will unmute you.
Today's Hosts Erin Thiemann Oliver Robinson Shira Markoff Program Manager, Program Associate, Director, Children's Savings Children's Savings Children's Savings Prosperity Now Prosperity Now Prosperity Now
Today's Speakers You! CSA Practitioners, Prosperity Now Community
Why we're having this call Erin Thiemann Program Manager, Children's Savings Prosperity Now
Objectives for Today ▪ Discuss how CSA programs are connecting participating families to resources to address immediate financial needs ▪ Discuss how CSA programs can respond to the changing funding landscape in light of the COVID-19 crisis and its impact on private philanthropy
Group Discussion Format Shira Markoff Director, Children's Savings Prosperity Now
How to Join the Conversation Want to be unmuted? ▪ All attendees are muted for sound Dial in by phone and enter your audio pin — then raise your hand! quality. ▪ To be unmuted : If you connected via phone, make sure you enter your audio PIN . The audio PIN is in the Audio table of your control panel. If you are connected via computer audio, your audio PIN is already set. ▪ If the control panel is closed, click on the arrow icon to expand your view. ▪ To be unmuted and join the conversation click the “Raise Hand” icon and we will unmute you.
Providing resources to address immediate financial needs
Organization Highlights
Maria Cadenas Executive Director Santa Cruz Community Ventures
UndocuFund Monterey Bay ▪ Over 90,000 undocumented workers live in Monterey Bay. ▪ Local data has shown that families with undocumented workers are more likely to: • Live in overcrowded conditions • Be at risk of eviction • Have limited savings • Rely more on predatory financial services during hardships
UndocuFund Monterey Bay ▪ UndocuFund Monterey Bay is a collaborative effort to assist Monterey Bay area undocumented immigrant workers impacted by COVID-19 through a one-time financial emergency gift. ▪ Partner organizations distribute 100% of the funds raised to qualified households and ensure recipients are connected to resources including food assistance and medical care.
Jacob DuMez Manager, Policy and Programs San Francisco Office of Financial Empowerment
San Francisco Office of Financial Empowerment ▪ Hosted Facebook Live event with the Student Borrower Protection Center ▪ Answered questions about student loans during COVID-19
San Francisco Office of Financial Empowerment ▪ Weekly Facebook Live featuring experts in consumer protection topics: ▪ Student debt (with Student Borrower Protection Center) ▪ How to get free legal help ▪ Debt collection and new protections ▪ Stimulus payments ▪ Housing protections/relief for homeowners and renters ▪ Criminal justice reforms, child support, fines and fees ▪ www.facebook.com/sfofe ▪ https://www.facebook.com/192746694126947/videos/5407 84130160504
Abigail Marquez Assistant General Manager Housing + Community Investment Department of Los Angeles
Angeleno Card
Daniel Backman Chief of Staff NYC Kids Rise
NYC Kids RISE Emergency Cash Relief ▪ NYC Kids RISE Save for College Program includes more than 10,000 K-2 families across School District 30 in Queens, one of the most diverse school districts in the country and one of hardest- hit areas from the COVID-19 pandemic. ▪ Raised more than $815,000 to date to provide emergency cash relief gift cards to nearly 5,500 families in the Save for College Program • Support from the Gray Foundation, Robin Hood's Relief Fund, and other supporters
NYC Kids RISE Emergency Cash Relief ▪ $150 cash disaster relief gift cards, provided at no additional cost by Amalgamated Bank and FIS, can be used for nearly any expense wherever Mastercard is accepted. ▪ Cards made available to participating families throughout the school district, with additional targeted support in highest-need communities: • Families living in the four NYC Housing Authority (NYCHA) public housing developments in District 30 • Families that attend 11 elementary schools in Jackson Heights, East Elmhurst, and Corona, the hardest-hit zip codes in NYC • These families are at the "epicenter of the epicenter" of the crisis and are least likely to benefit from federal government support passed to date.
Questions for Programs
Discussion ▪ We want to hear from you! ▪ How are you helping your families meet their immediate needs? ▪ What are some ways you’ve identified resources and partners in your local community that can provide support and assistance to families?
COVID-19 and the Changing Funding Landscape
CSA Funding Pre-Crisis
2019 State of the Field Report
2019 State of the Field Report
2019 State of the Field Report
The Changing Funding Landscape
The Challenge ▪ State and local government are cash strapped from double hit of lower revenue and higher expenses ▪ Philanthropy may prioritize specific COVID-19 related support • Foundation budgets may take a hit from the stock market volatility
Melissa Grober-Morrow Development Fellow Prosperity Now
Discussion Melissa Grober-Morrow Shira Markoff Development Fellow Director, Children's Savings Prosperity Now Prosperity Now
Your Turn ▪ What questions do you have for our speaker? ▪ What are you hearing from your funders? ▪ Have you worked with your funders to adapt your grant deliverables or adjust the uses of your funding to meet families’ needs?
Next Steps and Close
Prosperity Now Resources – COVID
The Unequal Impact of the COVID-19 Crisis on Households' Financial Stability
CSD Brief
Contact Us Reach out via email: savingsforkids@prosperitynow.org
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