Fulfilling our purpose to be a force for financial good, the Fortera Foundation was established to align Fortera's core values, resources and commitment to make meaningful investments in the communities we serve.
Through the work of the Foundation, we aim to break the cycle of generational poverty and improve families’ long-term financial stability. Within its mission, the Foundation focuses its impact on addressing a particularly high rate of poverty among single mothers.
Recognizing a Need
Local demographics contribute to an especially high rate of poverty among single mothers, making it difficult for this growing segment to fulfill occupational and educational aspirations that raise their families’ standard of living.
Overcoming Barriers to Success
Earning a post-secondary degree is a well-established pathway out of poverty, yet it can be difficult to achieve with obstacles such as childcare, transportation and financial strain.
The Foundation works to help eliminate barriers to success and increase the quality of life for single mothers and their children by:
- lowering single parent college dropout rates;
- increasing educational opportunity & academic success for parents & children; and
- increasing economic self-sufficiency for single parent families.
Bridging the Gap
Advancing this mission, the Foundation partners with Austin Peay State University to provide supportive assistance to single parents. Creating a bridge to a better life, the program seeks to empower single parent students to enter college and graduate with a life-changing degree.
Information about the Fortera Foundation Bridge Fund will be distributed to students through APSU’s Office of Financial Aid at the start of the 2020 fall semester.
Beyond financial assistance, the Foundation will also partner with Austin Peay and other educational institutions to offer financial literacy and success coaching programs. Furthering a broader mission, the organization will support additional initiatives that advance the economic self-sufficiency of Fortera members and local residents.
Two Generation Benefit
By achieving their degree, not only do single parents increase their income potential, but may also inspire educational goals for their children and the generations behind them.
For more information, email us at ForteraFoundation@forteracu.com.