How exactly does WANDA work?
Members of WANDA each contribute a minimum annual tax-deductible donation of $5,000 that will be collectively invested in financial education and matched savings programs operated by Opportunity Fund. This contribution covers the enrollment costs of financial education classes, case management services and a 2:1 savings match up to a $4,000 for each participating single mother by the end of three years. Ninety-five percent of your contribution goes directly to the program. The funds are held at the Women’s Foundation of California, which serves as WANDA’s fiscal sponsor.