WEALTH
Wealth is defined as financial security, which is significantly impacted by employment opportunities for individuals and economic development within communities. While the majority of people living in poverty have jobs, millions of adults live paycheck to paycheck, unable to cover a surprise expense - demonstrating that employment is not enough to ensure financial security. We must aim for financial resilience in the face of economic shocks, pathways to progressively improving opportunities, and the state of prosperity in which people have enough money to fulfill their needs and many of their wants.
The funding categories for Wealth are:
- Quality jobs
- Asset creation
- Financial coaching
- Access to credit
At Communities Foundation of Texas, our grantmaking and programs are key to our vision of building thriving communities for all. We believe that a thriving community is one in which all people feel cared for, invested in, nourished and valued, and have an equitable opportunity to contribute to the well-being and growth of themselves, their families, and their communities.
We take a 360-degree approach to supporting the needs of individuals and their communities through four intersectional pillars of thriving: Health, Wealth, Living, and Learning. What we're striving to achieve through attention to these areas is equity, connectedness, and belonging.
We understand that, in the ever-evolving complexities of the systems in which we live, the pillars of Health, Wealth, Living, and Learning are not stand-alone categories. They overlap, intersect, and are deeply intertwined with many other factors and issues that ultimately affect all of us. Only with the strong support and collaboration of individuals and organizations across the community working together can we achieve truly thriving communities for all. We look forward to being engaged in this work with you.
Communities Foundation of Texas is committed to advancing equity as one of our three strategic priorities to fulfill our mission and achieve our vision.
As your community foundation, our vision is of a community where every person has the opportunity to thrive. Our mission is to improve the lives of all people in our community, and we recognize that there are groups that have historically faced and continue to experience discrimination, injustice, and unequal access to basic resources, community spaces, and economic opportunities.
CFT believes that all community members:
- should feel welcome, safe, and accepted;
- should be treated with respect and dignity;
- should have equitable access to opportunities to improve their lives and the lives of their families.
We are dedicated to both working internally with our staff and culture and learning and leading externally with partners across our community to create thriving communities for all.
Organization name
Building Thriving Communities: Wealth
Causes
Economic/Financial Security/Poverty, Employment & Workforce Development
Operating Budget
$500,000 - $999,999
Counties Served
Erath, Wise, Tarrant, Rockwall, Navarro, Kaufman, Hood, Grayson, Ellis, Denton, Dallas, Cooke, Collin
BIPOC Serving
Hispanic or Latinx, Black or African American
BIPOC Leadership
Board Chair
Equity Statement
Equity Statement
Address
5500 Caruth Haven Lane