Growing nonprofit on pace to serve 5,000 clients this year as grants increase
Charlotte, N.C., Nov. 15, 2018 -- Common Wealth Charlotte (CWC), a nonprofit organization that serves Charlotte's low-income wage earners through financial literacy education and access to non-predatory financial services, has named Chuck Jones its new executive director. Jones succeeds Darren Ash, who founded Common Wealth Charlotte in 2014 and continues to serve as a board member.
"Chuck is deeply committed to the improvement of our community and brings a depth of business experience and innovative ideas that will be invaluable as we take the next steps in our mission," said Cristy Travaglino, board chair of Common Wealth Charlotte. "We are delighted that he has accepted this new responsibility."
A 31-year resident of Charlotte, Jones joined Common Wealth Charlotte in early 2017 and previously served as its director of financial services. Prior to that, he served as president and CEO of Chuck Jones Direct Response, a full-service marketing and communications firm.
Common Wealth Charlotte is the exclusive financial literacy provider to 36 local nonprofits and workforce development agencies, and the organization recently expanded its Opportunity Loan program to include Credit Builder, Asset Builder and Payday-Loan-Payoff options.
"I am honored to have the opportunity to lead Common Wealth Charlotte, an organization that is critical to our community's efforts to address its economic mobility challenges," said Jones. "We are excited about the outcomes we have produced with our clients and the future impact we can make as we grow and expand our reach."
Common Wealth Charlotte serves the estimated 150,000 Charlotte residents who work full time yet make only 30 to 35 percent of the area median income. On pace to serve 5,000 clients this year, CWC provides the following services: