Personal Investment Enterprise (PIE) Program

You are here


Designed to help working, low-income families and individuals save money exclusively for first-time homeownership, post-secondary education, and small business development.

Foothills United Way is dedicated to helping our neighbors make informed financial decisions that enable an individual or household to attain economic stability and to realize the importance of savings. In fact, 285 graduates have saved over $240,000 while completing the Personal Investment Enterprise program, which has driven over $1.25 million into our local Boulder and Broomfield economies. By providing low-income residents the tools they need to begin saving and building assets, we are helping them to find the confidence and power they need to become economically stable.

Celebrating its 16th Anniversary, PIE is a local savings program provided through Community Action Programs of Boulder County and Foothills United Way. The program was designed for low-income families to enroll in financial education classes and save through a matched savings account at a rate of 4 to 1.

PIE teaches participants how to achieve financial strength and stability, resulting in families and individuals becoming more active members of the community through first-time home ownership, education or business development. PIE is a financial empowerment program providing education and access to opportunities for participants to reach their program goals.

Since the Personal Investment Enterprise program began in 2001, PIE has celebrated a total of 285 graduates: 

114 participants have become first-time homeowners

105 participants have pursued a post-secondary education

66 individuals have started their own small business

The Personal Investment Enterprise's (PIE) mission is to provide tools and incentives that empower low-income individuals and families to save and build assets to strengthen their economic stability. Asset building is an emerging and promising approach to alleviating poverty and promoting self-sufficiency for families throughout the United States.

PIE Program participants open Individual Development Accounts (IDAs), which are matched savings accounts, for home ownership, post-secondary education, and small business capitalization. PIE is the only IDA program in Boulder and Broomfield counties and one of only three in Colorado. The program provides a maximum match of $4,000 toward the asset purchase of each program participant. Participants in the program must save in the IDA/PIE Program for at least 6 months and may stay up to 30 months. During that time participants save a minimum of $33 per month, which must come from earned income. The savings are matched 4:1 up to $1,000 (with a $4,000 match). Participants also attend a series of 4 financial literacy classes and then an asset specific class related to their purchase goal.

PIE has a blog! Hear from PIE graduates how the program has helped them achieve their goals. 
Interested in becoming a PIE participant? The first step is to attend an orientation meeting with Nino Gallo at Community Action Programs of Boulder County.

For more information about the Personal Investment Enterprise program contact:

Rosemary Thompson, PIE Program Director
(303) 895-3412
Nino Gallo, Community Action Programs
(303) 441-3998

**PIE is a partnership between Foothills United Way and Boulder County Community Action Programs. 


INNOVATION                                               COLLABORATION                                            PREVENTION