Programs
Program 1 [2020]
OREGON IDA INITIATIVEOur IDA Program enables community members to save money in a bank and have that money matched with dollars from the state. With the money community members save and the matching dollars (5:1 match rate), they must purchase an asset. Qualifying assets include home purchase and renovation, business startup or expansion, education (college or vocational), assistive technology (for people with disabilities), or motor vehicles. All participating clients must complete financial empowerment training and asset-specific education to help them make the most of their savings. In 2020, 39 community members completed savings and training, and utilized program assets to purchase 1 home, renovate 8 homes, and start or expand 5 businesses. 5 clients used the funds to pay for school, and 21 purchased motor vehicles. We enrolled 47 new clients in 2020, and are currently serving 134 clients with open accounts.GeographiesNot indicatedDatesJan 1, 2020 – Dec 31, 2020Source990No causes providedNo populations provided–$473.7KProgram 2 [2020]
ADMINISTRATION FOR NATIVE AMERCIANSTo promote small business in Warm Springs through small business education, individual development accounts, workforce development training (in WSCAT's Twisted Teepee food cart and Painted Pony cafe/art store), and the development of a small business incubator, food cart pod, and commercial kitchen in downtown Warm Springs.GeographiesNot indicatedDatesJan 1, 2020 – Dec 31, 2020Source990No causes providedNo populations provided–$327.3KProgram 3 [2020]
NORTHWEST AREA FOUNDATIONThe Northwest Area Foundation provided WSCAT with grant funding for two programs in 2020: 1: Pathways to Financial Inclusion: to provide services to IDA clients, financial skills mentoring, coaching, and counseling, debt reduction assistance, and free tax filing assistance.2: Vibrant Tribal Economies: To enable WSCAT to study the Warm Springs Economy and to develop solutions to the problems vexing the economy.GeographiesNot indicatedDatesJan 1, 2020 – Dec 31, 2020Source990No causes providedNo populations provided–$186K
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