Asset Funders Network

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Why Assets Matter

Asset development addresses inequitable distribution of wealth by making the tools for building and preserving assets, more broadly available to low-income and minority households.

 

Sharing Strategies

The Asset Funders Network will share successful strategies and approaches that have helped low-income Americans save for home onwership, higher education, small business and long-term investment opportunities.

 

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Asset development is a relatively new approach to poverty alleviation and long-term economic development for low-wealth families. The focus of asset development is to provide the tools, mechanisms and incentives to enable low-income people to save, invest and grow assets that will promote greater self-sufficiency and opportunity.

While the approach is relatively new, the tools used in asset development have long been employed in community development and poverty alleviation work, including: developing access to fair and affordable financial services, promoting thrift and increasing opportunitiesto save, increasing high-return investment opportunities, financial education and long-term financial planning.

The Asset Funders Network is an informal network of foundations supporting policy, programs and strategies that enable low-wealth individuals to accumulate assets, build and grow savings and become owners and stakeholders in their communities.

To stay current with these goals and learn more about the new and exciting field of asset development, join Asset Funders Network today!