Community-Based Asset-Building

Under a grant from the Corporation for National and Community Service, The Collaborative partners with  organizations in multiple cities across North Carolina to place Volunteers in Service to America (VISTA) in local nonprofit agencies.

The goal of the project is to build community awareness of the importance of asset-development for all members of the community, to recruit volunteers, to create partnerships among a variety of segments of the community, and to begin community meetings around how their unique community members can work together to leverage community assets for the benefit of all.  Coalitions choose their own priorities for work.

Additionally, beginning in 2012, all sites that provide financial education now have data and methods to establish the effectiveness of their financial education programs.

The 2013-2014 partnerships are:

  • Beyond Academics – Greensboro, NC:
    Beyond Academics at The University of North Carolina at Greensboro is a four year certification program for students with developmental disabilities. The course of study prepares students for a self-determined lifestyle emphasizing careers, meaningful avocations, and community living.
  • Centre for HomeOwnership and Economic Development Corporation (CHOEDC) – Hillsborough, NC:
    The Centre for HomeOwnership & Economic Development Corporation is a 501 (C) (3) Non-Profit Economic Development Corporation created to improve the quality of life for low-income residents through Homeownership Opportunities, Job-seeking Services, Business Solutions, Financial Wealth Building and Youth Mentoring.
  • Choanoke Area Development Association of NC (CADA) – Rich Square,  NC:
    CADA is a private, non-profit organization, a Community Action Agency, whose mission is to assist low income citizens achieve self-sufficiency and a better quality of life.  Our purpose is to promote through regional cooperation, the industrial, agricultural, recreational, educational and general economic well being and health and welfare of the citizens of Bertie, Halifax, Hertford and Northampton Counties.
  • Community Empowerment Fund – Chapel Hill, NC:
    The Community Empowerment Fund offers savings opportunities, financial education, and assertive support to individuals who are seeking employment, housing, and financial freedom. The opportunities for employment and greater housing that CEF advances motivate participants to build personal assets, gain higher income, engage in a healthy community, and sustain transitions out of poverty.
  • Crisis Assistance Ministry – Charlotte, NC:
    Crisis Assistance Ministry is Mecklenburg County’s leading agency providing the working poor with emergency rent and utility assistance, clothing, household goods, and furniture.  An independent non-profit agency, Crisis Assistance Ministry focuses on preventing homelessness and preserving dignity for Charlotte-Mecklenburg’s working poor.
  • Durham Regional Financial Center: Durham Regional Financial Center is a 501(c)3 non-profit HUD Approved and COA Accredited agency formed in 1998 to meet consumer needs primarily in Durham county. Consumers in Alamance, Person, Chatham, Orange, Granville, Franklin and Wake Counties are served as well as others throughout the state of North Carolina.
  • Greater Kinston Community Development Corporation (GKCDC) – Kinston, NC:
    Based in Kinston North Carolina, GKCDC is a Community Development Corporation that focuses on neighborhood revitalization and financial education initiatives in Kinston’s under-resourced communities. GKCDC works with its local partners to provide educational services, financial counseling, and housing finance services to individuals and families within the community.
  • MDC Inc. – Durham, NC:
    MDC is a private, nonprofit organization located in Durham, NC. They help organizations and communities close the gaps that separate people from opportunity by conducting research and demonstrating effective programs on the community level. They focus on three areas: education, economic and workforce development, and asset building and strategic philanthropy.
  • New Century IDA (Forsyth Department of Housing) – Winston-Salem, NC:
    The New Century IDA helps residents in and around the Winston-Salem community break the cycle of poverty through homeownership, small business entrepreneurship, and savings for higher education.  Although the primary aspect of IDA program is centered on Homeownership, this program also promotes wealth creation through debt reduction, credit improvement, and the development of economic literacy skills.

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 Carolina Bank
First Citizens Bank
Gateway Bank and Trust
JPMorgan Chase
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
Prosperity Now
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