Join Asset Funders Network
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 opportunities to save, increasing high-return investment opportunities, financial education and long-term financial planning.
The Asset Funders Network is an informal network of foundations and grantmakers supporting organizations, programs, policies, and strategies which help low-wealth individuals accumulate assets, build their net worth, and become owners and stakeholders in their communities.
The Asset Funders Network was formed in April 2005 by a group of leading foundations in the field of asset building. The Asset Funders Network explores a range of asset-building tools and strategies, such as savings and investment vehicles, retirement security, homeownership, higher education, and self-employment, with the goal of helping philanthropy understand the most effective and proven strategies to pursue in the asset-building field.
Asset Funders Network Purpose
The purpose of the Network is to help our members make better strategic funding decisions by sharing successful strategies for increasing ownership of high-return assets and promoting access to the tools and support needed to build wealth.
The Network provides an opportunity for foundations and grantmakers to better support asset policy and products that assist people with limitedresources or otherwise unable to build sufficient financial reserves to withstandemergency and plan for their future. The Asset Funders Network will share successful strategies and approaches thathave helped low-income Americans save for home ownership, higher education, small business and long-term investment opportunities.
To stay current with these goals and learn more about the new and exciting field of asset development, join Asset Funders Network today!