Prosperity Now

What if tax season could also become a pathway to long-term savings and financial opportunity for the next generation?

We’re proud to announce $5 million in funding from Citi Foundation to launch the ABC Initiative, a national effort to help connect families to existing and emerging child savings opportunities through trusted VITA tax preparation services nationwide.

Through funding, training, and resources, this initiative will help strengthen how community organizations support families during tax season, one of the most critical financial times of the year for many households.

Together, we’re working to expand pathways to lasting financial stability and future opportunity.

Learn more: https://www.prosperitynow.org/news-and-insights/prosperity-now-with-citi-foundation-support-launches-the-abc-initiative-to-help-families-access-new-child-savings-opportunities

Housing is foundational to financial stability and economic opportunity.

Prosperity Now encourages leaders to keep the bipartisan momentum behind the 21st Century ROAD to Housing Act moving so communities can put these tools to work for families.

Read our full statement: https://www.prosperitynow.org/news-and-insights/statement-from-prosperity-now-on-the-delay-in-signing-the-21st-century-road-to-housing-act

A strong foundation for future child savings opportunities already exists.

Now it’s time to build on it.

Supported by Citi Foundation, our new national assessment draws on insights from 332 organizations across 45 states to examine how prepared community organizations, financial institutions, schools, employers, and public agencies are to support emerging child savings opportunities.

The report identifies practical implementation pathways and strategic priorities to strengthen readiness, improve coordination, and help more families benefit.

Download the report: https://www.prosperitynow.org/news-and-insights/next-gen-savings-readinness-initiative