Summary
Organization name
CFT's Economic Stability of Low-Income Families
Operating Budget
$3,000,000 - $9,999,999
Address
5500 Caruth Haven LaneDallas, TX 75225
We support strategic efforts that enhance the economic security of working families through the North Texas region through the following key initiatives:
CFT's Working Families Success Network of North Texas
The Working Families Success Network of North Texas (WFSNT) is a program that seeks to improve the economic stability of working families by helping the North Texas region understand the issues and challenges this population faces. The network includes nine community-based organizations from the Dallas/Fort Worth region who are committed to helping families achieve lasting economic outcomes, including increased income, improved credit scores, a reduction of debt and the generation of wealth for their clients and their communities.
Dallas/Fort Worth Workforce Benchmarking Collaborative
The Workforce Collaborative is a funding partnership of the CFT, United Way of Metropolitan Dallas (UWMD) and JPMorgan Chase Foundation. In 2016, nonprofit agencies that provide workforce/employment services across DFW were brought together to learn best practices, such as employer engagement and data tracking, to improve employment outcomes. In addition to the training, 18 agencies also participated in a benchmarking survey that compared their workforce workforce/employment data against national peers. This data has been beneficial, as it provides data into the local agencies' current strengths as well as opportunities for improvement.
Other Noteworthy CFT Community Impact Grants and Initiatives:
KERA's One Crisis Away
KERA's One Crisis Away project focuses a spotlight on North Texans living on the financial edge. One Crisis's Away is a nationally recognized multiplatform series that puts a human face on asset poverty and the financial struggles of North Texans by investigating the lives of real people. Since its launch in 2014, KERA has received multiple awards, including the station's first national Edward R. Murrow Award that recognizes outstanding work produced by radio, television and digital news organization. Additionally, KERA received the first-ever Excellence in Consumer Financial Reporting Award from the Public Radio News Directors Inc. (PRNDI) and the National Endowment for Financial Education (NEFE), a national award that aims to promote coverage of consumer personnel finance. KERA continues to expand on the stories and content through continued engagement with community partners.
Funding will support local organizations who are helping low-to-moderate income families across North Texas find and improve employment, increase savings, improve credit scores, reduce debt, and build wealth.
CFT works to improve economic stability of low-income families in the North Texas region. We believe all Texans deserve the opportunity to engage in meaningful work and to acquire assets that help their families support themselves and advance economically. Yet, North Texas' poverty is higher than the national average - two out of five households couldn't stay above the federal poverty level for three full months should they lose their main source of income.
Organization name
CFT's Economic Stability of Low-Income Families
Operating Budget
$3,000,000 - $9,999,999
Address
5500 Caruth Haven Lane