Invest in Women in the Washington DC Metro Area

by Washington Area Women's Foundation
Vetted

Summary

Stepping Stones is a multi-year grant making and education initiative focused on increasing the economic security of low-income women in the DC metro area.
$10,000
total goal
$5,055
remaining
94
donors
0
monthly donors
6
years active

Challenge

Over 460,000 women and girls are living in poverty in the Washington metropolitan region, with DC having the highest female poverty rate at 20 percent. Twenty-seven percent of the women in the region only have a high school diploma or less, limiting their ability to achieve economic stability. Women with graduate degrees earn roughly $70,000 annually compared to the $18,000 women who have not graduated from high school earn.

Solution

Stepping Stones serves as a catalyst for best practices and helps non-profit organizations in the region work together to break down the barriers that prevent low-income women from achieving economic security. Through investing in financial education, job training, and early care and education, we are putting them on the path to prosperity.

Long-Term Impact

The project is ongoing but, to date 7,000+ women increased their income and assets by $36 million, over 3,000 women received financial education resulting in an increase of assets of over $18 million, and 310 women have become homeowners.

Resources

http:/​/​www.thewomensfoundation.org
Desciptions of our Programs and Grants
Our Grantee Partners
Together We Thrive-Strategic Plan (2016-2021)

Organization Information

Washington Area Women's Foundation

Location: Washington, DC - USA
Website: http:/​/​thewomensfoundation.org/​
Project Leader:
Erica Shockley
Development Associate
Washington, DC United States

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