We serve residents of the 50 counties of the Diocese of Lexington, KY. We have offices in Lexington and Prestonsburg. In fiscal year 2015-2016 clients were drawn from 20 of the 50 counties in the service area.
Dr. Dan Stone, the Gatton Endowed Chair at UK's School for Business and Economics, developed a matrix to measure program effectiveness. His statistical analysis shows program participants have not only learned new financial skills, but have also developed new attitudes and behaviors. So far, 43 individuals have successfully completed a six-week course. 18 of these participants opened a savings or checking account for the first time. All of the participants saw an increase in financial skills, an increased confidence in effectively managing their money, and an increased ability to distinguish needs from wants.
This empirical evidence is supported by several case-study examples. Periodically, Catholic Charities sponsors a Lasting Change reunion, where participants and mentors can reconnect and discuss their progress. At these reunions, we have discovered that participants have indeed made lasting financial changes. Participants Brian and Patricia shared that because of the Lasting Change program they were able to find ways to save $400 and purchase a used car. Monica shared that her attitude toward money had changed. Her mantra used to be: “I want what I want when I want it.” Now, Monica says she puts her needs before wants, and thinks seriously before purchasing items.
Michael Overstreet wrote a letter to Catholic Charities: “The name Lasting Change is very fitting for what has been taught. Each of us was asked to set short and long term goals. We were blessed to have mentors to help us …. Rebecca taught us the importance of eating right. How we could save by choosing different foods rich in protein and eating foods that are inexpensive but taste great. My family cooks with ground turkey, something we have never done and we all love it! We learned the difference between what we want and what we really need. Looking at this we can decide where our funds can be most effective. I now can save by first cutting out unnecessary spending and making wise purchases.”
Indirect Public Support HelpIndirect public support represents revenue received through solicitation campaigns. This includes funding United Way and other federated fundraising organizations, but does not include donor designated contributions.
Earned Revenue HelpEarned revenue represents income generated in direct exchange for a product or service.Earned income includes income from government contracts.
Copyright © 2014 Blue Grass Community Foundation
499 East High Street, Lexington, KY 40507