Introducing: Trust and Invest Collaborative
Amidst growing income inequality and wealth gaps, the Trust and Invest Collaborative seeks to transform systems to improve the lives and well-being of families and children currently living with low-incomes.
We believe the key to real change for low-income families is universal trust and investment. While there will always be a need for a safety net, we believe families living with low-incomes have been underestimated and underinvested in.
The Family Independence Initiative (FII) has partnered with the Department of Transitional Assistance (DTA) to conduct a three-year pilot evaluating the effect of enrolling families receiving Transitional Aid to Families with Dependent Children (TAFDC) from DTA in FII.
Goals & Activities
A team of academic evaluators based out of the Harvard Business School (HBS) will lead a robust independent evaluation utilizing a randomized control trial approach.
Families receiving economic assistance through DTA will be given the option to enroll in FII. At least 400 households will be enrolled in FII. To ensure academic rigor and effect isolation, the study design will track three groups:
- Families that enroll in FII will provide data on changes in income and assets, health, education, and other social outcomes.
- A control group will consist of families that choose to enroll in FII but given funding constraints are not able to be enrolled immediately. People in this group will be placed in a waitlist but still tracked.
- DTA will provide anonymized comparison group data of families that only enroll in DTA services and are not given the option to enroll in FII.
After the three-year study, DTA and FII will have scientific data to advance the social services sector’s understanding about the types of outcomes families living with low-incomes can achieve when given access to financial capital and are provided the environment to turn to their own social networks.
Trust and Invest Collaborative will be successful because of the many partners and community members involved. Please let us know if you have interest in being part of this landmark initiative that will make impact not just on the lives on Massachusetts residents, but for families across the country.
This project is funded through the support of our philanthropic partners and the generosity of individual donors. Your gift to FII-Greater Boston today, directly supports Trust and Invest Collaborative.