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Building Economic Security for Working Families

Building  Economic  Security for  Working Families

CFT seeds nonprofit network to help low-income families

Since 2014, Communities Foundation of Texas has been working with 10 nonprofits across North Texas who are part of CFT’s Working Families Success Network (WFSN).

The overall goals of the WFSN are increased economic mobility for clients, including financial security and increased credit scores, as well as long-term improvements in financial capability and healthy spending habits.

Using data from the program’s first year results, CFT found that clients who receive multiple services have better outcomes than those who only receive one. Year two outcomes are focused on creating habits that will contribute to long-term financial capability as well as monitoring the impact of receiving services over an extended period of time.

BY THE NUMBERS

  • The average WFSN client is a 30- to 40-year-old African-American woman with children, a high school education or GED, who is renting rather than owning a home or apartment.
 
  • The average annual household income for clients who engaged in all three offered services increased by an average of $570 for single-year clients and by more than $780 for multiyear clients.
 
  • Single-year clients receiving all three services saved an average of $405 per year. Multiyear clients receiving all three services saw an average increase in savings of more than $700.
 
  • Before receiving the services, only 36 percent of multiyear clients reported they had enough income to exceed expenses. At check-in, that number increased to 62 percent.
 
  • The number of multiyear clients who stated they had followed a budget went from 43 percent before starting services to 71 percent at check in.


To learn more about CFT’s work in improving economic security for working families, click here . To learn more about CFT’s Working Families Success Network of North Texas, click here

Christmas Coach: In the Vanguard of Giving

Christmas Coach: In the Vanguard of Giving

Caruth gives Children’s Medical Center a van in lieu of gifts to honor his customers


Children’s Medical Center Van – 1975 Children’s Medical Center was the recipient of a new passenger van made possible by the W.W. Caruth Jr. Foundation Fund of the Dallas Community Chest Trust Fund.

Intensive Love for Children: Newborn Philanthropy

Intensive Love for Children: Newborn Philanthropy

Blanche Swanzy Lange Special Care Newborn Nursery saves lives thanks to fund at CFT


Blanche Swanzy Lange Special Care Newborn Nursery – 1975 Blanche Swanzy Lange and Dr. Fred Lange, early founders of CFT, traveled the world in the interest of improving the medical conditions of children.

Giving to Learn: An Edifice for Education

Giving to Learn: An Edifice for Education

Carr P. & Ruth Collins Learning Center – 1973


Carr P. & Ruth Collins Learning Center – 1973 The Carr P. and Ruth Collins Learning Center on the Dallas Baptist College (now Dallas Baptist University) campus was named for the couple as a reminder of the generosity made possible by the fund they established at the Dallas Community Chest Trust Fund.

Investing in Entrepreneurs: Big News for Small Business

Investing in Entrepreneurs: Big News for Small Business

Caruth Institute of Small Business Management – 1969


Caruth Institute of Small Business Management – 1969 A generous $200,000 gift from the W.W. Caruth Jr. Foundation Fund initiated the establishment of the Caruth Institute of Small Business Management at Southern Methodist University in 1969.

Pumping Up Cardiac Care: The Hearts of Texas

Pumping Up Cardiac Care: The Hearts of Texas

St. Paul Hospital Cardiac Research Grant – 1962


St. Paul Hospital Cardiac Research Grant – 1962 St. Paul Hospital (now UT Southwestern University Hospital – St. Paul) needed to acquire a rotating disc oxygenator, a hAeart-lung machine and diagnostic instruments to help doctors determine a patient’s need for open-heart surgery. art.

The Early Years of Daycare

The Early Years of Daycare

Pearl C. Anderson Day Nursery - 1958


Pearl C. Anderson Day Nursery - 1958 It was not enough for working mothers in Garland to find jobs in 1958; they also had the challenge of arranging oversight for their kids in a city without daycare facilities.

W.W. Caruth, Jr. Fund at CFT

W.W. Caruth, Jr. Fund at CFT

William Walter Caruth, Jr.’s philanthropic goals were to support frontier-advancing projects in public safety, education, and scientific and medical research.


William Walter Caruth, Jr.’s philanthropic goals were to support frontier-advancing projects in public safety, education, and scientific and medical research. We are honored to continue the legacy of his generosity through strategic grantmaking while he was living and further carry out the wishes of his estate.