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Jim Casey Youth Opportunities Initiative, Inc.

Profile

Last Updated: 2016-05-29

At A Glance

Jim Casey Youth Opportunities Initiative, Inc.

(also known as JCYOI)

222 S. Central Ave., Ste. 305

St. Louis, MO United States 63105-3509

Telephone: (314) 863-7000

URL: www.jimcaseyyouth.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $4,543,546

Total giving: $2,592,461

EIN

233081243

BRIDGE Number

3332163724

Background

Established in 2001 in DE - The initiative was formed by The Annie E. Casey Foundation and Casey Family Programs

Purpose and Activities

The mission of the Jim Casey Youth Opportunities Initiative is to help youth in foster care make successful transitions to adulthood. It brings together the people and resources needed for youth to make the connections they need to education, employment, health care, housing, and supportive personal and community relationships.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Opportunity Passport

The Opportunity Passport is the centerpiece of the Initiative's work. Designed to organize resources and create opportunities for young people leaving foster care, the Opportunity Passport is a promising new tool with three related components: 1) A personal debit account to be used to pay for short-term expenses; 2) A matched savings account, also known as an Individual Development Account (IDA), to be used for specific assets, such as education expenses and housing down payments/deposits; and 3) Door openers, a host of opportunities to be developed on a local basis. Examples include pre-approval for registration for community college courses or expedited access to job-training or adult education courses. The Opportunity Passport helps participants learn financial management; obtain experience with the banking system; save money for education, housing, health care, and other specified expenses; and gain streamlined access to educational, training, and vocational opportunities. It is available to youth ages 14 through 23 who were in foster care after their fourteenth birthday. Participants are recruited by Community Partnership Boards and Youth Leadership Boards supported by the Initiative. Participants must complete financial literacy training prior to enrollment.

Fields of Interest

Subjects
  • Child welfare
  • Family services
  • Foster care
  • Higher education
  • Human services
Population Groups
  • Adolescents
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people

Financial Data

Year ended 2014-12-31

Assets: $4,543,546 (market value)

Gifts received: $9,755,721

Expenditures: $12,916,740

Total giving: $2,592,461

Qualifying distributions: $12,613,614