Wednesday, July 24, 2013

Putt Past Poverty Golf Tournament set Aug. 24

Catholic Charities of Idaho is hosting a golf scramble Aug. 24 at Sage Lakes Golf Course. The organizers are looking for people who want to play and for team sponsors.

All proceeds from the tournament will directly benefit participants in the Individual Development Account Program.

Individual development accounts are matched savings accounts that help people of modest means save towards the purchase of a lifelong asset, such as a home or education and job training. Accounts match the deposits of low-income participants into special savings accounts. In addition to earning match dollars, participants learn about budgeting, saving, and purchasing an asset.

Compared to peers not participating in an IDA, research on the outcomes of IDA programs show that participants are:
  • Twice as likely to attend college
  • 35% more likely to own home
  • Less likely to receive public assistance
  • Less likely to go into foreclosure 

To find out more about the tournament and CCI, visit this link: