June 2020 Newsletter

6/9/2020

A message from our CEO

As I conclude week one of my journey with this incredible group of people here at Prosperity Works, we are in one of the toughest times in our country's history. We are continuing to battle a deadly pandemic and the resulting economic havoc while, again, coming face-to-face with the long-term effects of racial injustice.

I am honored to carry on the work and mission of Ona Porter and the Prosperity Works TEAM. I read the following excerpt from the Aspen Institute and found it really resonated with me and found it in line with the Prosperity Works mission and strategic plan:

People’s financial well-being rests on three pillars:

Stable and sufficient income relative to cost of living.
Effective money management and personal resources, including liquid savings.
Social safety nets, both private and public.

These are the building blocks of financial security, and without all three of them, America won’t have a financially secure and healthy population. The racial disparities exposed by the COVID-19 crisis show the inequities in health that so tragically mirror the disparities in financial wellbeing. Now, more than ever, we commit to continuing our efforts to address this disparity and improve financial equity. The work we do here at Prosperity Works will serve this purpose and I will be hyper-focused on root causes along with systemic and institutional changes. With the three pillars above in mind, we will GROW EXISTING PROGRAMS, BRING CHANGE THROUGH OUR ADVOCACY WORK, STRENGTHEN OUR FUND DEVELOPMENT, ALL WHILE BEING INNOVATIVE AND OPEN-MINDED. We will embrace technology to build capacity and grow our organization.

The passion and hard work you contribute to this mission will be a powerful force for lasting change and will tear down systemic economic barriers for New Mexican families. We exist to make this a reality and feel it is unleashed when all people -- regardless of race, ethnicity, gender, income, religion, culture, sexual orientation or place of origin, have the opportunity to shape their own future. With the backdrop of the COVID-19 crisis, which is disproportionately impacting communities of color, we must and will continue our fervent pursuit of a more just society. This effort is reflective of Prosperity Works’ broader view that we must continue to be an important player in the communities we are a part of, especially those hardest hit. Together we will build a more diverse and resilient local economy for a post-COVID-19 future by removing barriers for all New Mexicans in order to create generational change. Just as important, it includes committing the company I lead down a path of systemic, permanent change in as many ways as we can find.

With gratitude and hope,
Arellana Cordero

Donate and Help Support Prosperity Works Programs

Giving Tuesday Now Recap

At the beginning of May, Prosperity Works participated in #GivingTuesdayNow, an international day of giving created as a response to the unprecedented need caused by the COVID-19 pandemic.

Thanks to all of your generous donations we were able to donate $3,400 to immigrant workers and their families, individuals who are not receiving any relief aid from the government. Prosperity Works is happy to give back to this overlooked community during this time of need.

Prosperity Works Partnership with TrueConnect

During these difficult financial times, it is more important than ever to make sure your employees have access to a fair and reputable lending source. TrueConnect exists to provide safe, affordable financial support and hope to employees in need of a helping hand that is an alternative to predatory lending products.

Read more about TrueConnect and our partnership in our latest blog post!

Prosperity Works Partnership with TrueConnect

Navajo Nation Relief Fund

Thanks to the generosity of our donors Prosperity Works was able to raise nearly $14,000 in just over a week for our Navajo Nation and Zuni Pueblo Relief Fund. Our partner, the Northwest New Mexico Home Visiting program, assembled and delivered 700 50-pound food boxes to these communities being hit hard by the COVID-19 pandemic. With your help, 100 percent of the funds raised were used for supplies and gas in this completely volunteer-run operation.

Your kindness and generosity are deeply appreciated!

Have You Completed the 2020 Census?

With the outbreak of COVID-19, it's hard to think of anything else, but it is now more important than ever to make sure you complete the 2020 Census.

The 2020 Census will determine how billions in federal funding will be spent over the next 10 years. Money that New Mexican communities need and rely on. The 2020 Census results also determine how districts are drawn and how many seats in Congress New Mexico gets.

Funding for things like:
- Education programs like Head Start, Pell Grants, school lunches, rural education, and preschool education.
- Healthcare programs like Medicaid, Medicare Part B, and the prevention and treatment of substance abuse.
- Funding for infrastructure programs like highway planning and construction, Section 8 housing, community development, and rural water and waste disposal systems.

Respond to the 2020 Census Now

Our Programs

Individual Development Accounts

Our Individual Development Accounts (IDA's) can help you prepare for the future, whether it's saving for secondary education, opening a small business, or buying a home Prosperity Works, wants to see you succeed.

Learn More

Prosperity Kids Program

Our PW Kids program combines matched Children's Saving Accounts (CSA's) with personal, social and financial support for the entire family.

Learn More

Visit our Website

Donate and Help Support Prosperity Works Programs

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*909 Copper Ave NW, Albuquerque, NM 87102 *

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