Muskegon County CSA Program Launches
The Community Foundation of Muskegon County will create CSAs for all 2,112 kindergarten students in Muskegon County, Michigan by the end of the 2018-19 school year. Kindergartners at Twin Lake Elementary School were the first to receive their accounts during a February 22 announcement at their school. The foundation will visit all kindergarten classrooms by the end of the school year.
Community Foundation to Provide $50-Seeded CSAs for Kindergarten Students
The M&M Area Community Foundation announced the launch of the Future Fund, a CSA program for kindergarten students in Marienette and Menominee counties in Michigan. All children in the two counties enrolling in kindergarten for the 2019-20 school year will receive a $50-seeded, interest-bearing CSA that can also receive family contributions.
Madison Creates Team to Develop CSA Implementation Plan
The consulting firm Dave Grace & Associates recommended that Madison, Wisconsin implement a CSA program as early as the 2019-20 school year. The firm found that 58% of families in the Madison Metropolitan School District do not have any savings for future education expenses. Citing the report, the City Council passed a resolution on March 19 to create a staff team to develop an implementation plan for a CSA program.
St. Louis Treasurer Hosts Family Savings Night
St. Louis Treasurer Tishaura Jones, who started the College Kids CSA program, hosted a “Family Savings Night” in March for families enrolled in the program. The event featured an art contest in which students envisioned their future in drawings. First- and second-place winners received a scholarship from 1st Financial Federal Credit Union and Regions Bank. Seventy students also earned benchmark incentives for attending the event.