About UWSEPA
From the President's Office
United Way of Southeastern Pennsylvania
President's Newsletter: August 2010
Dear Friend:
So
often during our monthly conversations, we look at the
pressing issues and needs facing our community. But today,
I would like to share with you a heartwarming story that
gets to the heart of why we give of our time and our
treasures. Meet Rolonda.
All Rolonda ever wanted to do was practice law. However, at the age of nineteen she was an abused wife with three children. Law School was not something that seemed attainable. Fast forward to 2008 when Rolonda decided to attend Villanova University. Unfortunately her employer denied her request for tuition reimbursement. But Rolonda wasn’t about to quit. While applying for a small business loan, she informed the loan officer that she was starting a landscaping business so she could continue her education; no one was going to stop her from learning. At that moment, Rolonda’s life was about to change. The loan officer told her about the Ira M. Lubert Scholarship Fund.
As background, the Creating Assets Savings and Hope (CASH) Initiative is a federally funded program designed to empower low-income workers to save towards a goal--the purchase of a home or towards higher education. To qualify to implement this grant, the federal government requires grantees to match dollar for dollar the grant award. For UWSEPA, that meant coming up with $500,000. Thanks in great part to Ira M. Lubert, who generously provided us with $250,000 the program came to life.
Today, the Ira. M. Lubert Scholarship Fund for higher education offers an incentive to those who need extra assistance. This IDA (Individual Development Account) matches the savings of those enrolled 3 to 1. Three dollars for every one dollar saved.
IDAs also help people learn critical skills in saving, budgeting, and money management. The funds saved through the IDAs can be used for books, as well as tuition and fees. Through the creative philanthropy of Ira Lubert, hundreds of young people and adults are able to work toward self-sufficiency and prosperity.
Rolonda applied and began the IDA program, which required her to deposit funds into a savings account monthly for six months and attend classes to learn how to save and manage money. Rolonda also enrolled in the Wachovia “Way to Save” program. She received her scholarship and began classes to complete her undergraduate degree. Like I said, there was no stopping Rolonda now.
Rolonda recently completed the Jurist Academy at Widener University School of Law and is preparing for the LSAT. “Although my funds were used toward my education, I learned a great deal about saving for something you believe in and being patient enough to accept the assistance of others who care about people who have dreams and aspirations. Because of United Way of Southeastern Pennsylvania, I am closer to fulfilling my dream of practicing law.”
What a positive story to end our summer and prepare for the kick-off of the 2010 Campaign in September. Next time someone asks - why United Way? – Tell them about Rolonda – Attorney at Law.
Sincerely,

Jill M. Michal
President and CEO
View all issues of the President's Newsletter >>
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Building Financial Stability and Independence for Families |
Keeping Seniors Healthy and Safe at Home |
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