Hartford-Based United Way Receives Honorable Mention at the United Way Worldwide Community Leaders Conference in Dallas
June 22, 2015
Hartford, CT - This past spring, United Way of Central and Northeastern Connecticut's Volunteer Budget Coaching program was one of six 2015 Common Good Award honorable mentions by United Way Worldwide. Common Good Awards highlight a range of solutions to community challenges addressed by United Ways across the world. Awards are given out annually at the United Way Community Leaders Conference.
This year, there were a record number of submissions, 51 in total from 10 countries. Judges represented varying backgrounds including: corporate partners, foundations, and education, financial security, and health experts.
"We are so proud that our Budget Coaching program has received national recognition. This program is a just one example of the measurable impact a volunteer can have in the financial future of a hard working individual," stated Susan B. Dunn, president and CEO, United Way of Central and Northeastern Connecticut.
United Way's Volunteer Budget Coaching program is supported by The Prudential Foundation and gifts to United Way. Volunteers play a crucial role in helping participants create and maintain a budget, pay bills on time and save for the future. In partnership with the Women's Business Development Council, 50 volunteers and participants have been matched since May 2014. One story: UnitedWayInc.Org/Stephen
In the past year, 90 percent of participants achieved their short-term financial goals, decreased expenses, and continued tracking their income and expenses. Additionally, 100 percent of participants said they gained a better understanding of their incomes and expenses, insight into how debt is affecting their monthly budget, made changes to finances, and learned better money management skills.
Volunteer Budget Coaching is one way United Way, its partners and volunteers remain champions for working families. A recent report by Connecticut United Ways found that one in three families in our region is ALICE (Asset, Limited, Income Constrained, Employed). ALICE households live above the federal poverty line, yet struggle to pay bills, put food on the table and make ends meet every day. Other ways United Way supports ALICE include: helping children achieve early-childhood and middle school success, and providing financial education, training, and employment services for individuals and families.
Those interested in getting involved in the program either as a volunteer budget coach or participant should visit www.unitedwayinc.org/budgetcoaching for more information. The next session will begin in fall of this year. For more information, contact Maura Cook at email@example.com or 860-493-1113.