Annual report 2022
The Asset Funders Network engages philanthropy to advance equitable wealth building and economic mobility. For 18 years, AFN has provided a forum for grantmakers to connect, collaborate, and collectively invest in helping more people achieve economic security.
This report reflects their work over the past year working across 7 issues areas:
- Business ownership
- Education
- Employment & income
- Financial health
- Health
- Housing
- The wealth gap
Annual report 2021
AFN's 2021 Annual Report gives a high level review of our work last year, including some snapshots into the place-based initiatives in our regions. Across our regions, AFN is working with grantmakers on collaborative efforts to advance equitable wealth building and economic mobility.
One example the Annual Report highlights is the Bay Area Small Business Vulnerability Mapping Project. Last year, Bay Area AFN worked with the Urban Displacement Project to develop an online mapping tool highlighting vulnerable businesses owned by people of color. The multistage process also explores the feasibility of a permanent infrastructure for collecting data, monitoring business health, and recommending policies.
Race to Lead: Women of Color in the Nonprofit Sector
This report reveals that women of color encounter systemic obstacles to their advancement over and above the barriers faced by white women and men of color. Education and training are not the solution—women of color with high levels of education are more likely to be in administrative roles and are more likely to report frustrations about inadequate and inequitable salaries. BMP’s call to action focuses on systems change, organizational change, and individual support for women of color in the sector.
Saving for Now and Saving for Later: Rainy Day Savings Accounts to Boost Low-Wage Workers’ Financial Security
This report discusses the vulnerability of millions of people in the US who lack adequate emergency savings. A workplace-based solution—rainy day savings accounts— can potentially help workers with low savings weather financial shocks.
State of Cities Reducing Poverty
How has the Vibrant Communities – Cities Reducing Poverty (VC – CRP) network contributed to poverty reduction in Canada? In seeking to answer this central question, the State of Cities Reducing Poverty paper highlights the network’s numerous and varied impacts.
An Evaluation of Financial Empowerment Centers Building People’s Financial Stability as a Public Service
This report provides information on the Financial Empowerment Center model, the people it served, the outcomes they achieved, the impact services had on nonprofit and city partners, and lessons learned for others looking to replicate or support this model. The evaluation was designed as a utilization-focused, foundational and exploratory study, aimed at creating an evaluation report that was useful to stakeholders. The report includes both qualitative and quantitative sources
