Allstate agents across the Commonwealth are showing their support for domestic violence survivors by leading financial education classes and hosting donation drives.
The classes are made possible by a $50,000 grant from The Allstate Foundation awarded to the Kentucky Coalition Against Domestic Violence (KCADV) to support its nationally recognized Economic Empowerment Project this year.
The Allstate Foundation and KCADV have partnered for 14 years to break the cycle of domestic violence through economic empowerment. Since 2015, the foundation has made grants of close to $1.2 million to KCADV and its member programs.
Advocates at DOVES of Gateway worked with Allstate Agent Kimberlie Rigsby to provide financial education classes to survivors this spring. Additionally, a donation drive collecting household items will be held from now until July 31.
Rigsby will be collecting small and large appliances, pots and pans, plates, bowls, and silverware for domestic violence survivors who are moving into their own homes after living in shelter at DOVES. Those wishing to contribute to the drive may drop off donations at Rigsby’s office at 168 E. Main Street in Morehead.
The Allstate Foundation’s funding also supports individual case management, financial education classes, Individual Development Accounts (IDAs), and micro loans throughout Kentucky’s 15 domestic violence programs. Funding will also support KCADV’s innovative partnership with the Kentucky Community and Technical College System’s (KCTCS) 16 community colleges whose transitional students have now been eligible for financial empowerment services since 2014.
Last year, 2,574 individuals were served with financial empowerment services, using The Allstate Foundation's Moving Ahead Through Financial Management curriculum. Of these, 2,055 people created a financial plan or budget, 175 opened bank accounts, 208 are working to improve credit scores, and 1,466 met financial goals.
Thanks to KCADV’s connection to domestic violence programs and community colleges, more than 2,574 survivors of domestic violence in Kentucky will receive economic empowerment services this year. Most survivors are single mothers earning less than $15,000 per year. Seventy-two percent of KCTCS transitional students report being survivors of domestic violence.
Participants benefit from financial education classes and counseling and can open IDAs (special matched savings accounts). The savings of participants who save for a car are matched one-to-one for a total of up to $4,000.
KCADV’s economic empowerment program has helped participants purchase assets that will help them become self-sufficient: 195 have purchased homes; 56 have started small businesses; 348 have pursued a post-secondary degree; and 165 have purchased their own cars.
The Kentucky Coalition Against Domestic Violence is a coalition of the Commonwealth’s 15 publicly-funded domestic violence programs.