1 / 14

Reprogramming SFAD

Reprogramming SFAD. IDA All Partners Meeting, 09/14/2007. Overview. Program Performance How does SFAD Measure Up Savings and Investment Indicators Opportunities & Challenges in Building Capacity Single Organization vs. Network Long Term vs. Short term SFAD Reprogrammed Scale

arden
Download Presentation

Reprogramming SFAD

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Reprogramming SFAD IDA All Partners Meeting, 09/14/2007

  2. Overview • Program Performance • How does SFAD Measure Up • Savings and Investment Indicators • Opportunities & Challenges in Building Capacity • Single Organization vs. Network • Long Term vs. Short term • SFAD Reprogrammed • Scale • Multi-pathways • Standardization • Network Design • Innovation • Technology • Training

  3. How Does SFAD Measure Up?

  4. Performance Measures: Participant Savings

  5. Performance Measures: Participant Investments

  6. Performance Measures: Costs per Account

  7. Challenges • Are we targeting the right market? • Are we providing effective case management? • Are we providing effective training? • Are we collecting all the relevant data? • Are participants buying the right kind of assets? • Are partners collaborating effectively? • Are we managing our network effectively?

  8. Capacity Building in SFAD • Context • Single vs. Networked Organizations • Dimension • Short Term vs. Long Term

  9. Capacity Building (cont’d) • Building Capacity is the nonprofit version of the phrase “increasing productivity” in the for-profit lexicon. Single Org. Network • Long Term • (planning) • Scale • Scope • Standardization • Network Design • Innovation • Short Term • (action) • Technology • Skills Training • Staff & Structure • Technology • Program Training

  10. The continuum to Assets (FSP) Financial Literacy EITC New Savings Products Asset Protection Step 1: Increasing Income Step 2: Build Savings Step 3: Gain & Sustain Assets Accessing Public & Employer Benefits Savings Campaigns Split Refunds IDAs SFAD Reprogrammed! • Scale: • UWGLA’s Long Term Commitment • Grant sequencing (year-round enrollments) • Flexible account allocation • Performance-based funding • Partners enroll in all three areas • Scope: • SFAD as part of UWGLA’s overall Econ. & Workforce Development strategy • Standardization: • New manual and forms • Training with certification opportunities Credit Repair Workforce Development

  11. UWGLA SFAD Reprogrammed! (Cont’d) • Network Design: • Decentralized Data Collection (AFI2) • Semi-Centralized Structure • Innovation: • Performance-Based Funding • Ramp-Up Accounts • Asset Training vouchers • Technology: • Database (AFI2) • Online bank statements and transactions data

  12. SFAD Reprogrammed! (Cont’d) • Training: • General IDA training • Database training (AFI2) • Case management training • Office technology training • Staff and Organizational Structure: • Increased funding according to performance • Miscellaneous: • Saving period increased to 24 months • Match rate reduced to 1:5 to 1 but dollar amount increased

  13. Wrapping-Up • UWGLA’s new IDA model focuses on capacity building: • Provides opportunities for increased partner funding • More effective collaboration among all partners • Holistic approach in addressing assetbuilding • Improved IDA technology and training • Innovative products • Standardized procedures • Increased family savings and match distribution

  14. Ed Khashadourian • Program Officer • (213) 808-6519 • ekhashadourian@unitedwayla.org

More Related