Welcome to Prosperity Works!

Welcome to Prosperity Works!

Prosperity Works designs, tests, and implements innovative strategies to end poverty in New Mexico.

 

WE BELIEVE THAT DIRECT, HIGH-IMPACT INVESTMENTS IN HARD-WORKING, COMMITTED INDIVIDUALS ARE THE VERY BEST INVESTMENTS YOU CAN MAKE!

Our approach is called ASSET-BUILDING.

Asset-building is a highly effective strategy that enables limited-income families to grow savings and to build their own pathways out of poverty.

 

THIS IS HOW IT WORKS:

• Prosperity Works partners with organizations across New Mexico to provide financial education and training in asset-planning to our program participants.

• Participants work one-on-one with financial coaches to design do-able savings strategies, and to set clear, specific goals for the money they will save in specialized matched savings accounts.

Prosperity Works matches what our participants save in these accounts until they reach their goals.

• As participants implement the plans they’ve made for their savings and their lives, they transform their families and their communities, they create jobs, and they revitalize local economies.

 

PROSPERITY WORKS FUNDS TWO TYPES OF MATCHED SAVING:

Individual Development Accounts (or IDA’s) – IDA’s are matched savings accounts set up to fund the achievement of specific goals. Prosperity Works IDA’s enable adult account-holders to pay for education, to purchase a first home, or to capitalize a small business.

Prosperity Kids – Prosperity Kids is our nationally recognized child college savings program.

 

PROSPERITY IS CONTAGIOUS!

Year after year, our achievement numbers show that our investments yield high returns for YOU!

 

Read success stories

Learn more about what we do

Meet our partners

Meet our funders