A Letter from the Chairman 

Chuck Yash

Year End Giving

Much has been made in recent press about the "mega billionaires" pledge to give away at least 50% of their wealth to philanthropy. On its own, this is an enormous gesture and a message that has resonated with at least 40 of the wealthiest people and families in America. But consider what implications this message might have for you.  Most of us are not in a position to give away 10% of our assets, much less 50%, especially in challenging economic times such as we have seen in the last three years. But if each of us makes a commitment to just one worthy nonprofit at year-end - at a level that is comfortable financially -just imagine the impact that this support might have on those who are homeless, hungry and without jobs. We offer a few suggestions below; however, we encourage you to find your passion - with your family, work colleagues or friends - and make your own year end giving pledge to assist those in need. For more information about RSF Foundation, please contact us at 858-756-6557.

 

WANTED:  Asset Advisors

Just In Time for Foster Youth (JIT), a 2010 RSF Foundation grant recipient, provides emancipated foster youth with opportunities for self-sufficiency through emergency support, essential resources, and caring personal guidance at critical junctures on their path to independence. The road to self-sufficiency includes Financial Fitness.  JIT youth are matched with JIT Financial Fitness Asset Advisors who take a personal interest in increasing youth self-sufficiency on an individual basis by providing one-on-one advice regarding budgets, savings accounts, and the essential skills needed to manage their assets.  

Typical assets JIT youth need advice with include:                           

•  Cars: purchasing, insurance, maintenance, registration, loans, payments, etc.
• Housing: rental contracts, dealing with landlords and roommates, maintenance, purchasing
• Healthcare: insurance options, payments, dental, vision, general information
• Savings: available choices with best options and returns

 Specific Asset Advisors responsibilities are:

• Answer specific questions based on your financial expertise with periodic phone calls
• Establish a continuing relationship with no more than 2-3 participants to track progress
• Provide guidance for asset purchases with those participants
• Recommend when program participants are ready to move to higher match levels