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Beam recently launched its partnership with Home Grown to administer direct cash transfers to home-based child care providers to support Home Grown’s Thriving Providers Project. The Thriving Provider’s Project works with regional partners to provide direct cash payments to Family, Friend and Neighbor (FFN) caregivers and newly licensed Family Child Care (FCC) home-based providers.
This initiative seeks to demonstrate the impact of direct cash to reform child care payment policies and influence future decisions around compensation for home-based child care providers. Using Beam's platform, the Thriving Providers Project will support over 600 providers across the country with direct cash transfers to stabilize caregiver well-being and improve the quality and availability of child care for working families. Beam will administer ~$4M to home-based child care providers in 5-7 cities. The Thriving Providers Project has already launched with local implementation partners in New York and Philadelphia.
Home Grown is a national collaborative of funders committed to improving the quality of and access to home-based child care. Home Grown’s mission is to support systemic change across the country for all home-based child care providers.
Drawing on learning from guaranteed income initiatives around the country and best practices in early childhood education, we know that supporting and stabilizing providers and caregivers will improve the availability and quality of care for children and families. This initiative seeks to demonstrate the impact of direct cash to reform child care payment policies and influence future decisions around compensation for home-based child care providers.
Home-based child care providers care for approximately 11.5 million children, with 60% of them aged 0-5 years old. Home-based child care providers are also the preferred child care provider for a variety of families, including Black and Latinx families, rural families, families with nontraditional or unpredictable work schedules, and those with low incomes.
Despite their essential role, home-based child care providers often face significant financial hardships, with 30-40% needing a second job to achieve financial stability. This financial insecurity impacts both caregiver and child well-being, as material hardships can reduce emotional well-being and undermine the quality of care.
By providing direct cash assistance through Beam’s platform, the Thriving Providers Project ensures that home-based child care providers can offer equitable and quality care to the communities they serve.
$1.25M disbursed
172 applications processed
95 providers awarded
"The data has consistently shown that home-based providers and caregivers are essential to stabilizing the economy yet they don’t earn a livable wage. TPP hopes to learn what the positive outcomes will be for children and their communities if providers earn a livable wage and how this direct cash will improve caregiver (both provider and parent) emotional well-being.”
- Alexandra Patterson, Director of Policy and Strategy of Home Grown shares
