NC Assets Alliance

Connecting Households and Communities to Economic Opportunity
(Formerly the NC Asset Building Policy Task Force)

The North Carolina Assets Alliance is a coalition of organization committed to educating the public and policy makers about asset-based strategies that promote economic security and prosperity for all North Carolinians. Together, the Alliance develops and promotes a statewide policy agenda to help policy makers understand the connection between work, income, savings and asset accumulation issues affecting low to moderate income households.

History

Following the 2005 NC Statewide Financial Education and Asset Building Conference, EITC Carolinas (an initiative of MDC, Inc.), the IDA and Asset Building Collaborative of NC, Action for Children NC, the UNC Center for Community Capitol, and other partners met to discuss the creation of the NC Assets Alliance. In June 2006, the first meeting was held in Raleigh, and since then the full Alliance meets on a quarterly basis. Currently, the NC Assets Alliance has over 40 participating organizations.

The NC Assets Alliance has four subcommittees: Outreach, Communications, Policy, and Research. These subcommittees meet regularly between full NC Assets Alliance meetings. (Click to see graphic)

In 2009, the NC Assets Alliance released the report, “A Prosperity Grid for North Carolina, Connecting Households and Communities to Economic Opportunity“.

For more information on the NC Assets Alliance, please visit www.ncassets.org.

NC Assets Alliance Overview

The N.C. Assets Alliance educates the public and policymakers about asset-based strategies that promote economic security and prosperity for all North Carolinians. The N.C. Assets Alliance works to:

  • Develop a common framework that can tie diverse asset building policy pieces together;
  • Give these efforts greater visibility on a local, statewide, and national level; and
  • Strengthen our mutual efforts to see new or expanded asset building policies and program initiatives implemented.

A core set of shared values underlies our work.

  • Interdependence: The success of our households, businesses, government and communities is interdependent.
  • Opportunity: All North Carolinians have an equitable opportunity to participate in the economy.
  • Prosperity: All North Carolinians share in the state’s prosperity.

Acknowledgements

We would like to thank the following organizations for their financial and technical assistance support of the work of the NC Assets Alliance:

C.S. Mott Foundation
Mary Reynolds Babcock Foundation
Annie E. Casey Foundation
North Carolina Council on Developmental Disabilities
CFED
Center for Social Development, Washington University
Z. Smith Reynolds Foundation
Bank of America

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
BB&T
CFED
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
MDC
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
PNC
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.

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