About BPP's Family Asset Building Program
The U.S.-Mexico Border Philanthropy Partnership (BPP) carries out its Family Asset Building Program (FAB), a ground-breaking binational program to address the needs of low income populations in U.S.-Mexico border communities.
The 2,000 mile long U.S.-Mexico border is one of the fastest growing, most dynamic border regions in the world. The border, typically defined as the geographic area spanning 100 miles north and south of the international boundary, is currently home to over 15 million residents who are predominately bicultural and bilingual. Estimates forecast that the border population will grow to 25 million by 2025.
Border communities confront challenges on both sides. In the US, border communities are some of the neediest, while in Mexico, poverty is extensive with limited public funding and relatively little philanthropy and infrastructure to support solutions or provide services. Few financial resources flow into the region from the public arena, and in Mexico communities are hugely under resourced and lacking basic infrastructure. These issues are coupled with a huge need in these groups for education on basics such as saving and credit along with the necessary financial products to support asset development.
The BPP's FAB program aims to bolster the economic resiliency of low-income and working families in border communities; moving them out of poverty to economic stability. The program does this by focusing on and strengthening the capacity and impact of those nonprofits that work to address the financial needs of low-income and working families in the region.
The 2,000 mile long U.S.-Mexico border is one of the fastest growing, most dynamic border regions in the world. The border, typically defined as the geographic area spanning 100 miles north and south of the international boundary, is currently home to over 15 million residents who are predominately bicultural and bilingual. Estimates forecast that the border population will grow to 25 million by 2025.
Border communities confront challenges on both sides. In the US, border communities are some of the neediest, while in Mexico, poverty is extensive with limited public funding and relatively little philanthropy and infrastructure to support solutions or provide services. Few financial resources flow into the region from the public arena, and in Mexico communities are hugely under resourced and lacking basic infrastructure. These issues are coupled with a huge need in these groups for education on basics such as saving and credit along with the necessary financial products to support asset development.
The BPP's FAB program aims to bolster the economic resiliency of low-income and working families in border communities; moving them out of poverty to economic stability. The program does this by focusing on and strengthening the capacity and impact of those nonprofits that work to address the financial needs of low-income and working families in the region.
Photo Gallery of FAB Partners
