FIRST CHILDREN'S FINANCE
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Mission Statement
First Children’s Finance helps grow the supply and business sustainability of excellent child care.
About This Cause
First Children’s Finance helps children, families and communities thrive by increasing the availability, affordability and quality of early care and education. We accomplish this by providing financial and business-development assistance to high-quality child care businesses serving low- and moderate-income families, and building partnerships that connect these vital businesses with the resources of the public and private sectors. We believe access to high-quality early care and education is essential for all communities, because human capital development is the foundation of individual success and the engine of regional economic growth. •Working parents cannot access and maintain productive employment today without access to affordable, high-quality care and education for their children •Tomorrow’s workforce will not be prepared to compete and succeed in the global economy unless all children receive high-quality care and education today This is why First Children’s Finance works to increase the availability, affordability and quality of early care and education throughout the United States, by financing childcare facilities and operations, and helping childcare professionals manage their businesses more effectively. Best Deal in Town: The Return on Investment The return on investment for public and private investment in high-quality early care and education has been analyzed in a variety of credible, longitudinal studies. For example, the Perry Preschool studies tracked reductions in related public expenditures for children who participated in a high-quality childcare program over a 62-year period and found: •An overall cost-benefit ratio of $16 to $1, and an estimated annual rate-of-return of 18% •Benefits include reduced public expenditures on K-12 education, criminal justice and welfare We invite you to explore these studies, and others showing similar results on our website.