Innovative program with HandsOn Broward, Points of Light, Bank of America and AmeriCorps VISTA provides trained financial coaches to help families improve financial health at no cost.
April traditionally means two things: April showers, and the tax man cometh.
While we can’t control Mother Nature, we can manage the severity of the tax bite. And if the tax man happens to be benevolent, sometimes we even receive a tax refund.
How to minimize the tax bite or how to spend that refund leaves many of us scratching our heads. In particular, low-to-moderate income households often do not have resources available to guide them through their many financial choices.
Financial Opportunity Corps, an innovative program hosted by HandsOn Broward, aims to change that by bringing free financial education and awareness to low-to-moderate income communities. And what better time to review financial health than in April, when the impact of taxes are very much on everyone’s minds?
Financial Opportunity Corps offers free one-on-one financial coaching and education workshops to low-to-moderate income communities. This holistic and twofold approach differs from traditional financial counseling because it empowers clients to develop financial goals with their coach acting as a support and guide. Trained community-based coaches work one-on-one with clients to develop strategies to reduce debt, improve credit, start saving for emergencies, access benefits and build assets for long-term financial health. Financial education workshops support the coaching relationship and are offered free of charge to the community, covering topics such as savings, credit, financial recovery, and borrowing.
HandsOn Broward is one of nine sites across the country hosting this new program developed by Points of Light, the world’s largest organization dedicated to volunteer service, in partnership with Bank of America, one of the world’s largest financial institutions, and the Corporation for National and Community Service. Two trained AmeriCorps VISTA members, Lauren Harrison and Melinda Matthews, are working with HandsOn Broward to develop the local program.
“The power and potential of the Financial Opportunity Corps stems from our community-driven approach and volunteer-led outreach,” said Delores Morton, President of Programs at Points of Light. “Organizations like HandsOn Broward know the needs of their communities better than anyone.”
To learn more about the Financial Opportunity Corps, or to become a client, contact either Lauren Harrison (firstname.lastname@example.org) at (954) 233-1290 or Melinda Matthews (email@example.com) at (954) 233-1287.
About HandsOn Broward: HandsOn Broward inspires, equips and mobilizes people to take action to positively affect change in Broward County. To learn more about HandsOn Broward’s upcoming service opportunities or to schedule a volunteer orientation at your organization or place of business, please call 954.233.1300 or visit HandsOn Broward online at http://www.HandsOnBroward.org.
About Points of Light: Points of Light – the world’s largest organization dedicated to volunteer service – mobilizes millions of people to take action that is changing the world. Through affiliates in 250 cities and partnerships with thousands of nonprofits and corporations, Points of Light engages 4 million volunteers in 30 million hours of service each year. We put people at the center of change. For more information, go to www.pointsoflight.org.
About Bank of America: Bank of America is one of the world’s largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. We serve approximately 52 million consumer and small business relationships with approximately 5,400 retail banking offices and approximately 16,300 ATMs and award-winning online banking with 30 million active users. Bank of America is among the world’s leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.
About AmeriCorps VISTA: AmeriCorps VISTA is a program of the Corporation for National and Community Service, a federal agency that engages more than five million Americans in service through its AmeriCorps, Senior Corps, Social Innovation Fund, and Volunteer Generation Fund programs, and leads the President’s national call to service initiative, United We Serve. With passion, commitment, and hard work, AmeriCorps VISTA members create or expand programs designed to bring individuals and communities out of poverty. For more information, visit NationalService.gov.