We hope that our conscious and sustained collective awareness about and connected activities to specifically address asset poverty will be more effective than the lone activities of each member.

We raise awareness of public policy and legal issues that may enhance or threaten the ability of North Carolinians to build and protect wealth.

It was formed in response to a research study that showed rates of poverty, asset poverty, poor credit, and lack of savings worse in our area that in many other places in the state and nation. [2012 MEOP study by the Center for Enterprise Development (CFED), Washington DC.]

When a family does not have enough resources set aside to meet, in the absence of income, their basic needs for three months, they are asset poor.

There is none, really. A family can have a generous income, but if they have no savings, no home equity, and no other assets, they are living in asset poverty.

Any individual, business, or nonprofit whose interests and activities are in keeping with the mission and vision of the Coalition.

Yes, the ABC obtained their non-profits status on January 19, 2021. Our EIN is: 84-3789397.

Yes. You can do this by giving a gift or grant to any non-profit member of the Coalition and designating that it be used for specific materials, activities or other direct costs related to the Coalition.

The Coalition is a voluntary collaboration. Its members contribute time, expertise, office supplies, and so on. Members pay a small fee which helps offset some costs. We have also received financial and in-kind support from foundations, banks, and others in the community.