Opportunity Passport®
Opportunity Passport® supports the transition to adulthood through savings, support, and financial education.
Opportunity Passport® is a financial literacy and matched savings program for young people who spent at least one day in foster care after their 14th birthday. Through financial education, matched savings, and asset-building opportunities, the program helps participants build financial capability and invest in goals that support long-term stability and success. Opportunity Passport® is currently supporting 140 enrolled participants.
As an Annie E. Casey Foundation Jim Casey Youth Opportunities Initiative site, A Place 4 Me is part of a national network working to improve outcomes for young people with foster care experience. Through Opportunity Passport®, we are able to offer a model recognized by Jim Casey that combines financial capability, matched savings, and asset-building opportunities to support a stronger transition to adulthood.
Financial Literacy
Financial literacy classes are the foundation of Opportunity Passport® and help young people build knowledge about banking, credit, budgeting, and saving.
Banking Support
Participants receive support opening a bank account in their own name, creating a stronger sense of financial independence, safety, and control.
Matched Savings
Participants set savings goals, and A Place 4 Me matches their savings up to $1,000 per year to help purchase important assets such as a rent or reduce debt.
"Opportunity Passport has been a part of my entire journey throughout and after I graduated college. A Place 4 Me helped me get my first car years ago when I first got into college and they helped me with housing expenses once I graduated college and was trying to figure out life post-graduation in a pandemic."
Opportunity Passport Program Participant
Why It Matters
Building a strong financial foundation is an important part of the transition to adulthood. Opportunity Passport® gives young people the tools, knowledge, and resources to:
build credit
save for the future
make informed financial decisions
invest in goals that support long-term stability
Just as importantly, it helps young people build confidence in their ability to manage money and take greater control of their financial future.