Catholic Charities Fort Worth

 
Our Financial Education Program has proven results. Thanks to The Miles Foundation, we have evolved and expanded the program to touch more people and change the financial trajectory for thousands of families within our community.


Catholic Charities Fort Worth (CCFW) is focused on the zealous goal of ending poverty in the local community. The nonprofit organization recognizes that educating individuals and families on how they can attain lasting financial stability is a major step toward achieving this objective.

To this end, CCFW offers a comprehensive Financial Education Program to individuals or families making $50,000 or less. The program provides participants the opportunity to gain basic financial knowledge and skills in order to increase their savings, reduce their number of past-due bills and decrease their overall debt.

The Financial Education Program offers the following services:

  • Money School: A one-time class designed to increase financial literacy and provide motivation to break the vigorous cycle of debt. Topics include budgeting, taxes, credit, financial institutions, insurance, and more.
  • Financial Coaching: One-on-one coaching sessions that allow participants to (i) determine their financial goals, (ii) build a plan to attain those goals and (iii) benefit from ongoing support until those goals have been achieved.
  • Credit Counseling: One-on-one sessions aimed at identifying credit report errors and establishing a plan to both pay off outstanding debt and rebuild credit.

In the first nine months of 2013, the success of the program was exemplified through the following statistics:

  • 1,499 individuals participated in Money School classes
  • 960 individuals participated in Financial Coaching classes
  • 504 individuals improved two or more financial behaviors
  • 620 individuals increased their savings by $100 or more and maintained the savings for two consecutive months

The Miles Foundation congratulates CCFW on its tireless efforts to improve the financial literacy of its local community and enable its Financial Education Program participants to achieve their economic goals.