Asset Building Coalitions

What is Asset Poverty?

In December 2008, Washington State Department of Community, Trade and Economic Development (now Commerce) defined asset poverty as a measure of economic security and mobility based on a household net worth.  Net worth is the total value of all assets including savings, a house, and a business, minus debts.  A household is asset poor if it has an insufficient net worth to subsist at the federal poverty level for three months in the absence of income.  An asset poor household does not have enough savings or wealth to provide for basic needs during extended periods of economic hardship, such as a sudden job loss or a medical emergency.[1] 

2021 Coalition-Building Learning Series

The series’ objective is to offer local and national coalitions resources and knowledge for leadership development, sustainability, and succession planning.

Target audience: Asset Building Coalitions, Bank On Coalitions, and other groups and financial service practitioners doing coalition building and collaborative work.

The series’ objective is to offer local and national coalitions resources and knowledge for leadership development, sustainability, and succession planning.

Target audience: Asset Building Coalitions, Bank On Coalitions, and other groups and financial service practitioners doing coalition building and collaborative work.

1) Coalition Building: A Look at Funding
Hosted by Banner Bank
Download the recording here>
Download the PowerPoint here>

Trainer:  Rocio Rodarte, Policy and Communication Manager, Mission Asset Fund

2) Types of Collaborative Structures & What Makes Them Effective
Hosted by Wa Fd Bank
Download the recording here>
Download the PowerPoint here>
Prosperity Now Resources
As Vehicles of Change, Coalitions Have Great Impact, Prosperity Now
Lessons and Insights, Prosperity Now
What Makes an Effective Coalition, California Endowment
Prosperity Now’s Advocacy Toolkit

Trainer:  Fran Rosebush Baylor, Vice President Partnership, Field Engagement & Policy, Prosperity Now

3) The Cost vs. Benefits of Coalitions
Hosted by WA State Department of Commerce
Download the recording here>
Download the PowerPoint here>

Trainer:  Bill Mills, President/CEO, FPP (Florida Prosperity Partnership)

Trainer:  Joanna K. Doran (P:yo-AN-na), Ph.D., M.S.W., Associate Professor
California State University, School of Social Work, Los Angeles, and Founding Member of the Asset Building Clinic

4) Demonstrating Impact
Hosted by The Financial Empowerment Network and Bank On Washington
Download the recording here>
Download the PowerPoint here>
Download the resource list here>

Trainer:  Nicky Grist, Chief of Research, Evaluation, & Finance, CFE Fund

Washington Asset Building Coalitions

Since 2006, local asset building coalitions comprised of private, public and non-profit organizations in Washington state have joined together to improve the financial wellbeing of low-to-moderate income households.  These groups include the statewide asset building coalition and 16 local coalitions who are using their collective resources to start and expand asset-building services in their communities.  Washington State Department of Commerce (Commerce) has provided funding and technical assistance to help develop and support the statewide and local asset building coalitions.  Commerce has also led a campaign to increase federal Earned Income Tax Credit filing and use of free volunteer tax assistance resources across the state.[2]

Washington Asset Building Coalitions (ABC) include:

[1] Expanding Asset Building Across Washington State, by Paul Knox and Anee Brar, Washington State Department of Community, Trade and Economic Development, December 2008
[2] Expanding Asset Building Across Washington State, by Paul Knox and Anee Brar, Washington State Department of Community, Trade and Economic Development, December 2008