Book Harvest, a nonprofit children’s literacy organization, presented its program offering kids’ savings accounts at a national conference earlier this month.
Mary Mathew, the organization’s director of advocacy, presented at the Prosperity Summit in National Harbor, Maryland.
The program, Book Babies Bright Futures, provides a children’s savings account with up to $500 to families participating in Book Babies, a childhood literacy program.
Book Harvest cites research showing that having a savings account from an early age has been shown to improve a child’s educational outcome, social-emotional development and improved parenting
Over 180 Durham children are currently enrolled in the Book Babies Bright Futures program, according to a news release from Book Harvest.
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