John H. Boner Community Center provides financial knowledge, skills, and resources to help families accumulate assets and improve households, neighborhoods, and Indianapolis as a whole. This grantee has been successful in helping participants save for their educations, develop business plans, and start small businesses. This nationally acclaimed program was one of the first IDA programs to be established, in 1994, and was one of the research sites for the National American Dream Demonstration Project. In 2005 alone, Financial Foundations provided educational services to people and currently oversees adult IDAs. Financial Foundations is now the largest IDA provider in the city and one of the largest programs in the State.
The John H. Boner Community Center's Financial Foundations Program is a community-based program that has been provided three AFI grants since 2003, with the objective to increase homeownership, educational opportunities, and small business capitalization.
Partners
The John H. Boner Community Center partners with the Annie E. Casey Foundation's Making Connections Initiative and the Community Choice Federal Credit Union, a CDFI that provides a strong recruitment base.
Assets for Independence Grant History
Project Title
Financial Foundations IDA Program
Highlights/Outcomes
88 IDAs have been opened.
123 participants have received financial education.
$66,029 saved by participants.
44 participants have purchased an asset.
Total AFI Funding
Total AFI Grant Funding:
$305,900
Total Non-Federal Support: $289,400
Focus Population
John H. Boner Community Center's Financial Foundations Program targets eligible residents of the near east side of Indianapolis, IN, with a focus female ex-offenders re-entering society.
Contact
John H. Boner Community Center
2236 E. Tenth St. Indianapolis, IN 46201
(317) 808-2346 www.enn.org
