COLLECTIVE IMPACT INITIATIVE
Upcoming Events
- Multiple DatesFri, Dec 13Dec 13, 2024, 4:30 PM – 5:30 PM CSTZoom Meeting
- Multiple DatesSat, Dec 14Dec 14, 2024, 9:00 AM – 10:30 AMZoom Meeting
- Sat, Dec 14Dec 14, 2024, 12:00 PM CSTZoom Meeting
- Multiple DatesMon, Dec 16Dec 16, 2024, 6:00 PM – 7:00 PM CSTZoom Meeting
- Multiple DatesWed, Dec 18Dec 18, 2024, 6:00 PM – 7:00 PM CSTZoom Meeting
- Sat, Jan 11Jan 11, 2025, 12:00 PM CSTZoom Meeting
- Fri, Dec 06Dec 06, 2024, 12:00 PM – 2:00 PM ESTNew York City Bar Association, 42 W 44th St, New York, NY 10036, USADec 06, 2024, 12:00 PM – 2:00 PM ESTNew York City Bar Association, 42 W 44th St, New York, NY 10036, USAPlease join us as we collectively address challenges and solutions relating to the racial wealth gap. This event will feature the investment education and wealth creation strategies being led by CLIMB USA.
- Sat, Nov 16Nov 16, 2024, 12:00 PM CSTZoom Meeting
- Sat, Nov 09Nov 09, 2024, 10:00 AM – 12:00 PM CSTJohn Hurst Adams Administration Building, Main Floor 3837 Simpson Stuart Rd, Dallas, TX 75241, USANov 09, 2024, 10:00 AM – 12:00 PM CSTJohn Hurst Adams Administration Building, Main Floor 3837 Simpson Stuart Rd, Dallas, TX 75241, USAPlease join us as we collectively address challenges and solutions relating to the racial wealth gap. This event will feature the investment education and wealth creation strategies being led by CLIMB USA.
- Sat, Sep 07Sep 07, 2024, 9:00 AM CDTZoom Meeting
- Sat, Aug 24Aug 24, 2024, 9:00 AM CDTZoom Meeting
- Sat, Aug 10Aug 10, 2024, 9:00 AM CDTZoom Meeting
- Multiple DatesTue, Aug 06Aug 06, 2024, 4:30 PM – 5:30 PM CDTOnline Event
- Fri, Jul 26Jul 26, 2024, 11:45 AM – 1:00 PM CDTBlack Business Hub - 4th floor , 2352 S Park St, Madison, WI 53713, USA
Economic Education and Empowerment for Youth of Color
The inextricable link between financial education and economic wellbeing has been well established. A recent report by the TIAA Institute entitled, “Financial Literacy and Wellness of African Americans," documented a financial literacy deficit among African Americans, compared to the general population. This lack of fiscal understanding translates into a reduced quality of life for African Americans and other individuals of color who do not have the equivalent level of financial knowledge of their mainstream peers.
OBJECTIVES
Local conditions in Milwaukee reflect these national trends: While the Wisconsin Department of Public Instruction mandates school-based financial literacy education, it does not provide adequate resources to ensure implementation. As a result, students in resource-constrained, high-need districts – where financial literacy would be the most transformative – miss out, destined to be trapped in a perpetual cycle of financial insecurity. This inequity of access to financial knowledge is exacerbated by the reality that many youth of color in Milwaukee live in environments where knowledge of best practices in personal finance and investing is limited or even nonexistent.
Co-led by United Way, City of Milwaukee, Milwaukee Department of Health - Office of Violence Prevention, and CLIMB USA, Milwaukee’s financial education network has come together to take a closer look at the financial literacy gap through a collective impact initiative. This network will establish a shared financial education agenda to collectively address the financial education needs and opportunities for Milwaukee’s youth of color.
The first project of the Collective Impact Initiative was the Stock Market Game Summer Pilot. A press release describing this project can be found under Resources.