Our Impact


The Collaborative promotes economic security for low-to-moderate income North Carolinians through programs focused on financial education and savings.  Our impact across the state includes:

Community-Based Asset Building Project:  For the first three years of the project we provided 293 presentations about asset-building, recruited 1,163 volunteers, convened 122 meetings, saw an average of 57.5% increase in knowledge among the 52,000+ North Carolinians receiving financial education, developed a replication manual for communities, and established new capacities within the partner agencies.  We trained and placed 35 full-time VISTAs and 9 Summer Associates in 19 agencies across the state. Over the four years of the project, we have brought to North Carolina $590,500 of new economic impact.

North Carolina Saves: We have expanded the number of savers through the www.northcarolinasaves.org website, and now connect over 7000 North Carolinians to financial tools and consumer information.

North Carolina Assets Alliance:  The Collaborative is the lead agency for the Alliance, with over 80 organizational members representing public , private and non-profit institutions with a vision to expand opportunity and build a more stable financial future for all North Carolinians.

Pathways to Prosperity Conferences: This Conference provides learning and networking to the state’s practitioners and policy advocates by bringing the country’s leading experts to the Triangle to share innovations, recent research and policy achievements to help low-income people rise up the economic ladder.  With five conferences over the past 10 years, over 1450 attendees have taken advantage of our Conference.

Recent pilot programs that build assets and reduce the racial wealth gap include:

  • Learn to Earn: A new “two generation” program that provides financial education, cash incentives for achievement, and opportunities for saving for 14 low-to-moderate youth and their parents (total of 30 served) in southeast Raleigh.  During the school year, youth and at least one parent  attended education sessions with their parents, opened savings accounts for the first time, and accumulated more than $4200 in their new accounts.  Goals for the future were set by 100% of the youth.
  • Building the Economically Secure Workforce: A two year pilot focusing on savings in the workforce and provided education and coaching support for participants, all but one now have direct deposit of their wages, and 15% are saving automatically at payday.
  • Tax Time Savings Workshop: In partnership with the Wilson County Department of Social Services, this workshop encourages saving part of  tax refund for emergencies.  We examined budgeting strategies, opportunities for savings, and the participants were entered into Food Lion gift card drawings and connected to Doorway to Dreams national $25,000 drawing for people across the country who saved part of their refunds. Workshop materials are available via email to any interested Volunteer Income Tax Assistance site in the state by emailing donna@cultureofsavings.org



How to Give

First - be educated about financial security. Read and learn from our FaceBook pages and websites: North Carolina Saves and NC Assets.

Next - share your time. We can use your talents to encourage others with their financial goals, to join your voices with others in speaking up for our families, and to help lead us into our future. Check out Get Involved/Volunteer for current listings.

Finally - make a contribution. Visit Get Involved/Donate Now.

Who Supports Us

Bank of America Foundation
Citi Foundation
City of Raleigh
Corporation for National and Community Service
C.S. Mott Foundation
Federal Deposit Insurance Corporation
Federal Reserve Bank of Richmond
First Citizens Bank
Gateway Bank and Trust
Mary Reynolds Babcock Foundation
North Carolina Cooperative Extension
North Carolina Council on Developmental Disabilities
North Carolina Credit Union League
North Carolina Department of Commerce
North Carolina Department of Labor
North Carolina Electric Cooperatives
North Carolina Housing Finance Agency
North Carolina Institute for Minority Economic Development
SunTrust Bank
UNC Center for Community Capital
UNC School of Social Work
Wells Fargo Foundation
Z. Smith Reynolds Foundation

Why Give

Your gift helps break the cycle of poverty in North Carolina and creates a state where all have the opportunity to move up the economic ladder. Income is important, but it is not enough. Individuals and households can build assets when financial education is available in communities across the state - we all need to know how to choose consumer friendly financial products and steer clear of high cost, predatory services. You can move more people toward economic security by investing in The Collaborative.

The Collaborative | North Carolina Rural Center at 4021 Carya Dr., Raleigh, NC 27610 | 919.212.4267 | website design by LeGa Design Group