November Business Spotlight: Good Samaritan Boys Ranch

Good Samaritan Boys Ranch is excited to announce the launch of their new program, Fostering Stability, in partnership with Central Bank of the Ozarks.

Fostering Stability is an economic mobility pilot program designed to help youth who have just aged out of foster care navigate crises, enhance their lives, and broaden their future prospects. Participants receive a monthly financial gift for up to 24 months after aging out of foster care at 21 years old.

“Foster youth age out of care without the support of a family to fall back on,” says Vice President Matt Moncado. A 2024 study found that 74% of young adults aged 18-34 are financially dependent on their parents. While unplanned crises and inexperienced decision-making are common for all young adults, they are particularly challenging for those without relational and financial support.

“With Fostering Stability, we hope that youth can dream about their future without the stress of a crisis or fear of making a mistake,” Moncado adds.

To launch this unique program in Southwest Missouri, Good Samaritan partnered with a regional leader that shares their mission of supporting youth in foster care.

“I’m thrilled that Central Bank can collaborate with community organizations like Good Samaritan Boys Ranch on a program like Fostering Stability. It’s gratifying to know we are providing firsthand support to young adults starting life on their own,” says Heather McGuigan, AVP Business Development for Central Bank.

In addition to establishing a banking relationship, youth will have access to free financial education resources through ProsperU, powered by Central Bank. This program equips youth with the tools to manage and build a healthy financial life as they step out on their own for the first time.

“It can be very overwhelming. We see the positive impact that a good banking experience can have on a young adult. Through our financial education partnership, we aim to help each participant develop positive financial habits that they can own, be proud of, and use to create their version of future success,” McGuigan explains.

Every dollar raised for Fostering Stability goes directly to youth who have just aged out of foster care. To support this new program, donate now at Good Samaritan Boys Ranch – Donate.

Good Samaritan Boys Ranch is dedicated to addressing the challenges that push families into foster care and the systems that fail youth as they transition out. Founded in 1959 as an orphanage north of Springfield, Good Samaritan has evolved into a comprehensive provider of residential and community-based services, enriching the lives of youth and families within Missouri’s foster care system. Last year, Good Samaritan supported over 390 children and families, working to break the cycles of trauma, family separation, and homelessness for future generations.

To learn more about the Good Samaritan Boys Ranch, check out Good Samaritan Boys Ranch.