The Casey Foundation believes that the children in greatest trouble in America today are those whose parents lack the earnings, assets, services or social support systems required to consistently meet their families’ needs. Most of these children are growing up in impoverished communities that are disconnected from the economic mainstream. The Foundation is working to help these isolated families secure adequate incomes, stabilize their finances, accumulate savings and live in vibrant, economically viable neighborhoods through a combination of an approach known as building family economic success, or FES. The approach involves three key components:
- Asset-building — strategies to help families build wealth and save for the future.
- Family economic supports — public and private supports to help families establish credit, reduce debt, and increase their financial security; and
- Workforce development — the skills and education necessary to get good jobs and build careers.
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