Michael Vincent,
Partner at KPMG
Stephen Barth,
CEO at Coastal Caverns
A Return on Social Investment
In total, S4L families, (verified by United Way consultants) have delivered $5.6 million to the Houston economy in increased wages, taxes, social security payments, and net worth with a Social Return on Investment of $14.65 for each dollar "invested" in the program since 2005.
Skills For Living offers award-winning and highly-effective adult programs. As a United Way THRIVE partner, we are excited to be able to provide free, comprehensive workshops and individual counseling to the greater Houston community. Our objective is to help every hard-working, low- to moderate-income family get the opportunity to increase their income and build wealth.
The programs provided by S4L have received the FDIC Chairman’s Award for Innovation in Financial Education. They are both rigorous and objective.
Future Participants, Donors, & Non-Profit Collaborators
If you are interested in any of our adult programs, please contact us here or speak with Tammy Mermelstein at 713-782-9974 or via email at tammy[at]skills4living.org.
Adult Programs Results (2005-2010)
Effective December 31, 2010
Three-Course Program Statistics:
Enrollment: 259 clients (with 677 family members)
Average income increase during course year: 32%
Collective income increase during course year: $1,200,000
87-hour, One-Year Rigorous Program Statistics:
Completion: 143 clients
Average income increase during course year: 53% / $8,121
Clients who rose above Federal Poverty Level: 100%
In addition to increasing their incomes, our course graduates have also reduced debt and saved more of their pay. Their net worth increase during the one year program was 56%, or an average of $9,524 per client.
