AFN New Logo
July 2013 

A Note from the Director


"Income from work gets you by, but building assets gets you ahead!"


These words, spoken by Ona Porter the President of Prosperity Works in Albuquerque last week, have continued to resonate in my mind.  For me, it succinctly captures the essence and importance of our movement to support and expand asset-building opportunities. The crushing wealth gap, a lack of living-wage jobs, and too few safe and affordable financial vehicles that provide credit and savings, continue to foster economic instability and poverty.  


In January 2014, we will mark the 50th anniversary of the launching of the War on Poverty by President Johnson.  We can reflect on progress across many fronts, but not economic stability. Today, the path out of poverty is no longer just a job.  Today's pathways out of poverty must also include preserving and growing assets. Addressing this challenge is fundamental to our national well-being. And it is a particularly essential outcome for disproportionate numbers of African Americans, Latinos, immigrants, women, retirees, and new millennials in communities throughout the country.  


After serving as a civil rights and anti-poverty advocate and executive in the non-profit, government and private sectors, I am excited to serve as AFN's Director to work with interested and engaged grantmakers advancing financial security for all.  


In the past quarter, we have initiated the Tax Policy Project; delivered webinars on topics as diverse as big data, microenterprises, and tax policy reform; started our series of issue briefs with  Strategic Philanthropy: Creating Opportunity, Building Wealth and Driving Community Change; and launched a new website that will continue to evolve in response to member feedback.  AFN will also continue to educate and elevate ideas through members-only roundtables, webinars and of course the AFN Grantmaker Conference October 2-4, 2013 in Washington D.C.


I look forward to meeting you, hearing your thoughts, and helping to advance our asset building field. 


Joe's Signature  

Joe Antolin 

AFN Director
AFN News & Event Information
AFN Grantmaker Conference 2013                      
Access, Opportunity and Mobility: Strategies that Move Families Forward

Washington DC


Pre-Conference (optional): October 2nd
Conference: October 3rd & 4th 


The Dupont Circle Hotel
Washington, DC


Come join the Asset Funders Network for our 2013 Grantmaker Conference "Access, Opportunity and Mobility: Strategies that Move Families Forward" this October 2-4 in Washington, DC.  The conference will bring together a diverse group of national, regional and community-based funders concerned about a common goal - financial security for all. 


Whether new to the asset building conversation or a long-time funder, AFN's conference offers a neutral forum for candid conversations among grantmakers, as well as opportunities to learn from leaders in the field and help reshape the discourse about what is possible through effective grantmaking.  

All interested grantmakers are invited to register.
AFN Welcomes Alandra L. Washington, W.K. Kellogg Foundation, 
to Steering Committee
Alandra Washington Photo
AFN is proud to welcome Alandra Washington as our newest steering committee member. She is the Deputy Director for the Family Economic Security and Education and Learning team at the W.K. Kellogg Foundation. We are delighted to have Alandra's experience and expertise guiding AFN- welcome!  



AFN Launches New Project to Inform Federal Tax Reform - 

Heather McCulloch Joins AFN Team as Tax Policy Project Manager


AFN has launched the Tax Policy Project, a new initiative designed to help position the field to advocate with a unified voice for federal asset-building tax policies that benefit low-income households and households of color, with seed funding from the Annie E. Casey Foundation, the Walter & Elise Haas Fund and support for research from the Ford Foundation. As part of the project, AFN is convening a select group of advisors - asset policy advocates, tax reform experts, representatives of organizations of color and women, researchers, and community organizers.  The group is working together to develop guiding principles for asset-building policy in the context of tax reform; to discuss trade-offs between policy options, based on independent third-party analysis; to build consensus shared near and longer term priorities; and to develop a strategic advocacy agenda.


Heather McCulloch Photo
We are delighted to announce Heather McCulloch has joined AFN as the Manager of our new Tax Policy Project. Heather is the founder and principal of Asset Building Strategies. For more than a decade, she's worked with foundations, nonprofits, and policymakers - at the local, state and national levels - to develop innovative and effective approaches to advance policies and strategies building the financial security of low-wealth families. 


> Read Heather's full bio 

> Learn more about AFN's Tax Policy Project

Strategic Philanthropy: Creating Opportunity, Building Wealth, and 
Driving Community Change


March 2013
Puzzle Piece

The Asset Funders Network, with support from the Citi Foundation, released a new white paper, "Strategic Philanthropy: Creating Opportunity, Building Wealth and Driving Community Change." Developed by the Institute on Assets and Social Policy (IASP) at Brandeis University, this paper illuminates the growing field of asset building and provides guidance for foundations looking for ways to leverage the asset building framework to advance the impact of their work. It offers compelling evidence about the increased importance and relevance of connecting asset building to existing grant making strategies and how foundations across sectors are investing in asset building for greater collective impact to help families and communities shift from getting by to getting ahead.


> Read full brief  


Bay Area AFN and AFN Co-Host 

Comprehensive Tax Reform: Is Federal Policy Driving the Wealth Gap?


September 10th, 2013

Informal Networking Lunch (optional): 11:30-12:00pm

Meeting: 12:00- 2:00pm 

PolicyLink, Oakland, CA


National conversations about comprehensive tax reform - already underway in the Halls of Congress, the White House, and the media - present a window of opportunity for asset-building stakeholders to join in the debate and articulate the need for more progressive asset-building policies.


The September 10th meeting of the Bay Area Asset Funders Network will discuss this window of opportunity. Co-hosted by the Asset Funders Network (AFN), the meeting will feature AFN's new Tax Policy Project, which is helping to position the field to advocate with a unified voice for federal asset-building tax policies that benefit low-income households. 


Registration is open to all interested grantmakers.

AFN Member Job Announcement
Silicon Valley Community Foundation
Job Announcement - Economic Security Program Officer

Asset-Building News & Information
FIELD Trendlines Series
June 2013
July 2013


Financial Literacy Annual Report

Consumer Financial Protection Bureau/Office of Financial Education

July 2013


Financial Coaching Services to Transitioning Veterans and Economically Vulnerable Consumers

Consumer Financial Protection Bureau/Office of Financial Empowerment and Servicemember Affairs

July 2013

June 2013

Scaling Financial Coaching: Critical Lessons and Effective Practices

NeighborWorks America and Citi Foundation

June 2013


June 2013


The Annie E. Casey Foundation

Insight Center for Community Economic Development

April 2013


Accessing Credit Reports for Foster Youth: A Reference Guide for Child Welfare Agencies

Credit Builders Alliance

Events for Grantmakers 
Funders Webinar

New Tools to Help Families Enroll in Health Insurance - Enroll America Webinar 


Sponsored by Grantmakers Income Security Taskforce

August 2nd; 10:00 am -11:00 am EDT


Funders Meeting

Comprehensive Tax Reform: Is Federal Policy Driving the Wealth Gap?


Co-Hosted by AFN and Bay Area AFN


September 10th, 2013; 11:30-2:00pm

PolicyLink, Oakland, CA


Funders Meeting

EITC Funders Network Annual Meeting 2013 


September 11th; 9am-1pm

The Astor Crowne Plaza

New Orleans, LA


Funders Convening

What Does Polling Tell us About the Future of Fiscal and Social Safety Net Issues?


Sponsored by: GIST/GCYF/GIH Communications Collaborative and The Ford Foundation 

September 23rd; 10:30 am - 5:00 pm

The Ford Foundation

New York, NY


Funders Convening

The What and Why of Narrative- A Powerful Tool for Social Change


Sponsored by: Funders Committee for Civic Participation, GIST/GCYF/GIH Communications Collaborative, Rockefeller Brothers Fund, Stoneman Family Foundation, The Proteus Fund, and The Ford Foundation


September 24th; 10:00 am-4:30 pm

The Ford Foundation

New York, NY


Funders Tour

Housing Justice Learning Tour in Baltimore, MD


Hosted by the Neighborhood Funders Group's Working Group on Housing Justice and Community Transformation


September 25th - 26th

Baltimore, MD


Funders Briefing

EARN Funders-Only Briefing


September 27th; 8:30am-2:00pm

San Francisco, CA


Funders Conference

Pre-Conference: October 2nd
Conference: October 3rd & 4th
The Dupont Circle Hotel
Washington, DC 

Funders Conference

Save the Date

November 20th-22nd

Jackson, MS

Events for the Field

Chicago-Southside Community

August 6th

11:30 am-1:30 pm

Illinois Institute of Technology 

Chicago, IL



August 21st

8:30 am-4:00 pm

Philadelphia Marriott Downtown 

Philadelphia, PA



September 10th-13th

New Orleans, LA


Woodstock Institute 40th Anniversary Research Symposium and Gala


October 2nd & 3rd, 2013

The Sheraton Chicago

Chicago, IL

Joe Antolin
Asset Funders Network, Director

AFN Supporting Members









Wells Fargo Foundation


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Asset Funders Network

 AFN is a community of foundations and grantmakers advancing programs, policies, and strategies that help low-wealth individuals accumulate financial assets, build their net worth, and become owners and stakeholders in their communities. 

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AFN Steering Committee
Co-Chair: Merle Lawrence
Levi Strauss Foundation
Co-Chair: Benita Melton
CS Mott Foundation
Daniel Delehanty
Capital One

Amanda Feinstein 
Walter and Elise Haas Fund

Kilolo Kijakazi

Ford Foundation                             

Daria Sheehan

Citi Foundation 


K. Sujata 
Chicago Foundation for Women

Alandra Washington

W.K. Kellogg Foundation 

Beadsie Woo 
The Annie E. Casey Foundation