United Way Update

United Way of the Brazos Valley (UWBV) president Alison Prince visits with WTAW’s Bill Oliver about upcoming fundraisers sponsored by UWBV loaned executives, an update on the community campaign, and details of UWBV’s Financial Stability Innovation Fund.

 

More information about the Financial Stability Innovation Fund from UWBV:

The board of directors of United Way of the Brazos Valley is proud to announce the launch of the Financial Stability Innovation Fund. The purpose of the Financial Stability Innovation Fund (FSIF) is to support consistent, measurable financial education throughout the seven-county region through grants to organizations with existing client services.

“The FSIF provides grant funds, financial education training, and monthly networking for approved organizations that are currently providing financial education to clients,” states Debbie Eller, Community Impact Committee Chair. “Through these methods, United Way strives to create exponential impact in financial stability across the Brazos Valley.”

In 2012, United Way partnered with Brazos Valley Affordable Housing Corporation to launch the Brazos Valley Financial Fitness Center to provide financial education to low-to-moderate income clients in the seven-county region. After serving approximately 100 clients from 2012 to 2014, United Way transitioned the Financial Fitness Center to Brazos Valley Affordable Housing Corporation and launched the Financial Stability Innovation Fund to increase impact through the grant-making process. The Financial Stability Innovation Fund is a funding partnership with local banks including Branch, Banking & Trust, Commerce National Bank, The Bank & Trust, and ExtraCo Bank.

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