|Category||Community and Economic Development , Community Outreach , Education .|
Fort Worth Future Fund- Financial Education Specialist
This dynamic Catholic Charities Fort Worth (CCFW) program offers a chance to connect with elementary age children and their parents to help them realize their goals and dreams for the future. Our financial coaching model is a vehicle for Fort Worth Future Fund (FWFF) families to reach their goals. We deliver our services with a model of dual-generation and our curriculum has a financial education component focused on FWFF students in 1st, 2nd, and 3rd grade. The goal of financial coaching will be to promote savings and asset-building opportunities for low- and moderate-income families that foster a college bound identity and lead to post-secondary completion and economic mobility. Our three primary goals; include: In partnership with local school districts and local financial institutions help elementary school families establish college scholarship accounts Through financial coaching offered to participating families, encourage increased savings behavior Provide educational opportunities for both parents and students to increase college mindset and readiness Our current successes; include 229 existing college savings accounts, over 30% of families with meaningful one-on-one financial coaching or FWFF event attendance, and consistent 20% of families are making multiple deposits into their college savings account. To put this in context, personal deposits range from $1 to $25 dollars or more. For working families in our program the goal is to build savings behavior with the goal that as young families income grows so will their savings. The research shows that families that have $500 to $1200 in a college savings account for their high school graduates are 3% more likely to enroll in post-secondary education. Additionally, we had continued savings deposits during COVID19 quarantine and no savings withdrawals. Our focus continues to be around building emergency savings because through parent surveys that is the #1 need identified.
Member Duties : The AmeriCorps Member will oversee financial education groups with FWFF families and will be supported by well-trained volunteers. The goal will be to host financial education groups and reach 80 households. Financial education groups will be leveraged to engage clients to participate in financial coaching provided by FWFF staff. The AmeriCorps Member will use the FDIC's Money Smart and CCFW financial education curriculum to provide learning opportunities that will influence and enhance client's financial skills and ability to create positive banking relationships. The AmeriCorps Member will utilize volunteers to role play, translate learning materials, act as an assistant instructor to ensure a high level of client engagement. The AmeriCorps member will administer pre/post surveys at the beginning and the end of each educational experience to assess the knowledge increase of clients after participating in the module.
Program Benefits : Living Allowance , Training , Childcare assistance if eligible , Health Coverage , Education award upon successful completion of service .
Car recommended , Permits attendance at school during off hours , Permits working at another job during off hours .
Service Areas :
Community and Economic Development , Community Outreach , Education .
Teaching/Tutoring , Recruitment , Communications .