What is Financial Security CLT?
Financial Security CLT is a coalition of Mecklenburg County nonprofit organizations who share a belief that financial security is the underpinning of economic mobility. The members of Financial Security CLT have made a commitment to work collaboratively to help families get on and stay on a path to greater financial security. These organizations first came together informally in fall 2018 after attending a national conference on financial security sponsored by Prosperity Now and realizing that the respective missions of their individual agencies could best be fulfilled with an overarching strategy for collective impact.
Mission
Financial Security CLT seeks to mobilize local nonprofits, grassroots voices, and the wider community to collaborate and advocate for greater financial security and generational wealth for historically excluded residents of Charlotte-Mecklenburg.
We envision a Charlotte-Mecklenburg where communities of color and marginalized groups are included in wealth-building opportunities, achieve financial security, and have the freedom to choose their own path to prosperity.
Values
In its work, the Financial Security CLT coalition is guided by the following values:
- Acknowledge the legacy of segregation and the impact of systemic racism
- Earn the trust of communities of color and marginalized groups
- Engage diverse voices and perspectives
- Start with the end in mind
- Collaborate to amplify success
- Share learning to maximize impact
- Use data to identify gaps and opportunities
Goals
Financial Security CLT seeks to mobilize local nonprofits, grassroots voices, and the wider community to collaborate and advocate for greater financial security and generational wealth for historically excluded residents of Charlotte-Mecklenburg.
Financial Security CLT monitors and is engaged in a broad range of issues that impact the financial security and financial well-being of residents in Charlotte and Mecklenburg County. These issues include low wages, the high costs of basic expenses (e.g., housing, childcare, health care, transportation, etc.), and a lack of wealth or financial assets.
In working to accomplish its goals, the members of Financial Security CLT envision playing the following three key roles:
- sharing learning about key challenges and opportunities around financial security,
- collaborating within the coalition and with community stakeholders to promote financial security and wealth-building opportunities, and
- advocating for local, state, and national policies to improve financial security and generational wealth-building.
For more information about Financial Security CLT, contact [email protected].
#FinancialSecurityCLT
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