Through the Funder Lens: Public Sector, Philanthropic and Practitioner Collaborations that Strengthen the Impact of the EITC and VITA

Funders recognize that the effectiveness and impact of the Earned Income Tax Credit (EITC) are limited by the credit’s participation rate and many low-income taxpayers’ reliance on costly tax preparation services. At the same time, funders know that philanthropy cannot always take on the vital task of funding grantees to advance the work that addresses…

December 2017 Newsletter Interview: Cynthia Miller, Senior Fellow at MDRC and Project Director for the Paycheck Plus Evaluation

  MDRC, a nonprofit, nonpartisan education and social policy research firm, is testing and evaluating a demonstration project – Paycheck Plus – that offers workers without dependent children an enhanced Earned Income Tax Credit (EITC). The program is being implemented and evaluated in two U.S. cities – New York, New York and Atlanta, Georgia. The…

December 2017: Leading from the South

  On December 5, EITC Funders Network and Arkansas Asset Funders Network hosted a “Funder-to-Funder Conversation” on the latest programs, policies, and philanthropic strategies that increase economic security and build assets for people living in Arkansas, Louisiana, and Mississippi. This timely gathering for regional and national funders showcased replicable best practices/promising funding strategies and offered…

September 2017: What does the Policy Debate Mean for Immigrant Families’ Economic Security?

Families in the Balance: What does the Policy Debate Mean for Immigrant Families’ Economic Security? The EITC Funders Network, Grantmakers Concerned with Immigrants and Refugees (GCIR), and Grantmakers Income Security Taskforce (GIST) co-hosted a webinar on Tuesday, September 12th on the profound and wide-ranging challenges to immigrant families’ economic security and strategies for grantmakers seeking…

June 2017 Newsletter Interview: Susan Mason, Director of the Intuit Financial Freedom Foundation

  What is the current focus of the Intuit Financial Freedom Foundation (IFFF)? The purpose of the Foundation is to make a meaningful impact on the financial lives of lower-income and underserved taxpayers, individuals, small businesses and the nonprofits that serve them. The Foundation, founded in 2002, executes its mission through public-private partnerships between Intuit and…

Who Benefits from California’s EITC?

The State of California’s Franchise Tax Board (FTB) recently released a report on the impact of the state’s earned income tax credit (CalEITC). Using data from Tax Year 2015, the FTB found that the CalEITC benefitted approximately 815,000 Californians and together with the federal credit, helped lift approximately 250,000 Californians out of deep poverty. The report…