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CASH Coach Receives $10K Grant

June 30, 2011

 
Pictured in the photo from left to right are:  Rita Eygabroad Garretson, Director of C.A.S.H.; Paula Carter, Co-Chair of RACF's Women's Giving Circle; and Berta Rivera, C.A.S.H. Volunteer & Outreach Manager.
 

The Rochester Women’s Giving Circle of Rochester Area Community Foundation awarded $86,500 in grants to 10 local organizations and programs that support women and girls at their Breakfast Awards Presentation on Wednesday, June 15th.  Empire Justice Center's C.A.S.H. Coach program was awarded a grant of $10,000. 

The C.A.S.H. Coach Program helps families manage their finances properly, reach their financial goals, and increase their net-worth. Through this unique program, participants are matched with trained, financial coaches who provide confidential, one-on-one money management education and direction designed to help them gain and maintain self-sufficiency.

Coaches meet with participants once a month for up to one year providing financial education, direction and encouragement.  During the first coaching session, participants develop a service plan which lists three specific goals and objectives. Over the course of a year, Coaches assist participants in reaching the financial goals as outlined in the plan. Common goals are: saving money, participating in mainstream banking and credit union services, discontinued use of predatory banking services (ex. pay day loans, rent to own centers), maintaining a budget and balancing a check book. The service plan and personalized attention allows the program to meet the unique needs of each client.

 

 





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