Forging Pathways to Opportunity. Fran Rosebush Baylor, Director of Field Engagement Rural LISC Summit, August 29, 2017

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1 Forging Pathways to Opportunity Fran Rosebush Baylor, Director of Field Engagement Rural LISC Summit, August 29, 2017

2 Prosperity Now s mission is to ensure everyone in our country has a clear path to financial stability, wealth and prosperity.

3 Too Many Left Behind The economy shows signs of gaining momentum, but only for a lucky few large numbers of American families are left behind and barely scraping by.

4 Income Volatility 40% of those experiencing volatility struggled to pay their bills at least once because of the ups and downs in their incomes. - Federal Reserve Board, Survey of Household Economic Decisionmaking

5 Inability to Save

6 Few Have Savings Cushion $6,150 FOR A FAMILY OF FOUR IN 2017

7 Disparities by Race Source: 2017 Prosperity Now Scorecard

8 Household Financial Security Framework

9 Understanding Financial Capability = FINANCIAL CAPABILITY

10 What Works Building blocks for change: Prosperity in Reach Concrete solutions to create opportunity and reduce inequality Addressing structural barriers to opportunity embedded in federal, state and local policies A constituency to engage and mobilize in support of policies and solutions that expand opportunity A vision that powerfully articulates the promise of prosperity for all

11 Improving Outcomes Through Integration of Services Compared to participants who only receive one service, clients who take up multiple services are 3-4X more likely to achieve a major economic outcome, such as: Job attainment Increased income Increased savings

12 Integration of Financial Empowerment Services Financial Capability Services Other Program Services (e.g., housing, workforce development, education)

13 Why Integration: Increased Scale & Leverage Existing Funding Federally Assisted Housing Financial Capability Federal Workforce Programs Community Health Centers Head Start Total Served: 37M Total Funding to Leverage: $66.1B

14

15 CP2

16 Slide 15 CP2 Duplicate? Cameron Parsons, 7/29/2015

17 The Rising Cost of Upside-Down Tax Programs

18 53 Policy Measures 60 Outcome Measures 20 Disaggregated by Race

19 Customizable State Profiles

20 New Local Scorecard Measures

21 ProsperityNow.org/advocate

22 Advocacy Boot Camp: An Online Toolkit for Advocates Use the Advocacy Toolkit to: Understand how and why advocacy matters Hone your skills as an advocate Download Putting Prosperity Within Reach, a how-to guide for advancing equitable policies

23 The Prosperity Now Community The Prosperity Now Community facilitates learning creates connections & inspires action with more than 24,000 people in all 50 states and DC to create and improve programs and policies that foster opportunity, especially for those who have not had it before. Get involved in the Community today! Sign up to stay informed about Prosperity Now and the Community. Sign up today at prosperitynow.org/join.

24 Want to dig deeper into specific issues? Sign up for listservs and working groups, volunteer to facilitate peer discussions, serve in a leadership role and more! Taxpayer Opportunity Network Adult Matched Savings Network Financial Coaching Network Innovations in Manufactured Housing (I M HOME) Network Affordable Housing Network Racial Wealth Equity Network Campaign for Every Kids Future Children s Savings Accounts Visit any of the networks above at to get started.

25 Serve as a Community Champion and partner with Prosperity Now on enacting change as a leader in your state, tribal or local community! Learn more and apply today at

26 Prosperity Now Community Champions

27 Join us as we work to ensure prosperity is in reach for all

28 Thank you! Fran Rosebush Baylor Director of Field Engagement Prosperity

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