What is the Financial Stability Partnership?
United Way of the Greater Chippewa Valley (UWGCV) brings together organizations and individuals throughout our community in order to reduce or eliminate social problems in the greater Chippewa Valley. One key issue that approximately 45 percent of our population faces is financial instability. By rallying community members and organizations together, a strategic initiative was developed to address primary factors that lead to community members facing financial difficulty or crisis—this initiative is called the Financial Stability Partnership.
By determining the most significant barriers to financial stability that our population faces, the Financial Stability Partnership aims to apply concentrated efforts to removing these barriers through specific strategies.
United Way of the Greater Chippewa Valley’s Financial Stability Partnership is assisting individuals and families to achieve greater financial stability. This collaboration of programs helps those who are struggling to improve their financial literacy.
This is accomplished through:
- Early financial literacy and work readiness education in middle-school and high school classes
- Financial counselling to those facing hardship so they can maintain a budget, pay down debt and save for the future
The Financial Stability Partnership also supports opportunities for people to enter or advance in the workforce with employment that provides adequate income. This includes supporting those in our community who have additional barriers to overcome such as homelessness, as well as the challenges facing at-risk youth.
This is done by providing:
- United Way Microgrants which provide students who are facing financial difficulty the chance to remain in vocational studies that are in high demand in our area
- Hands-on job training and experience to at-risk youth while they earn employment wages
- One-to-one case work by an employment specialist to help homeless individuals who need employment or training.
Through the United Way Financial Stability Partnership, a community-wide collaboration of nonprofit organizations, public service, businesses and volunteers are working together toward the same goal---financial stability for everyone in the Chippewa Valley. By increasing access to financial stability through career advancement and financial literacy skills, we will create a more stable foundation for our community, both now and for the future. This means adequate income to meet basic needs and increase disposable income and boosting our local economy by filling current employment skills gaps. It also means less people facing financial crisis in the future.
Our program partners will be collecting outcome data on the clients they serve such as: percentage of clients who increased their income, increased financial literacy skills, and increased employability potential so that UWGCV can measure and track the differences we are making together in the Chippewa Valley. In this way, we will make the Chippewa Valley stronger.
LEARN ABOUT FINANCIAL STABILITY PARTNERSHIP PROGRAMS
READ THE COMPLETE FINANCIAL STABILITY PARTNERSHIP PLAN
SEE OUR CURRENT INCOME ADVISORY COUNCIL ROSTER
HOW DID THE FINANCIAL STABILITY PARTNERSHIP DEVELOP?