March 2018 Newsletter Interview: Isabel Barrios, Program Officer at the Greater New Orleans Foundation

Tell us about the Greater New Orleans Foundation’s economic opportunity work. The Foundation’s economic opportunity work was born out of our post-Katrina work on housing and community development, which included a five-year, $25 million initiative to support the organizations and systems that repaired or created new affordable housing. We organize our grant programs into nine categories…

The Wealth Gap by Gender and Race

A research brief from the Samuel DuBois Cook Center on Social Equity and Insight Center for Community Economic Development – Women, Race & Wealth – examines the wealth inequality gap across both gender and race. The data shows that single young women (under 40), regardless of race and education, begin adulthood with very little wealth. However, looking…

Coming Together for Children in Immigrant Families

Children of immigrants face a range of risks and unique vulnerabilities,  exacerbated by recent policy changes, executive actions, and rhetoric. Two new reports issued by CLASP focus on the immediate and long-term consequences on young children in immigrant families and provide recommendations for supporting immigrant families and placing children’s health and well-being front and center.  CLASP will be…

Tax Refunds Enable Healthcare Spending

It’s tax season and many households are waiting on their tax refund to pay down debt or for spending on necessities. A recent report from the JPMorgan Chase Institute  investigates how tax refunds, as a specific cash infusion, impact the timing of out-of-pocket healthcare spending. Drawing on the JPMC Institute Healthcare Out-of-Pocket Spending Panel data set,…

State EITC Policies Can Impact Recidivism Rates

New research from Rutgers Professor Amanda Agan and Clemson Professor Michael Makowsky – The Minimum Wage, EITC, and Criminal Recidivism – finds that minimum wage policies and the availability of state EITCs can have an impact on recidivism rates. Examining administrative prison release records from almost six million offenders released over 14 years, the researchers found that…

February 2018: Volunteers Matter – Philanthropic Strategies to Ensure VITA’s Success

The EITC Funders Network hosted a webinar on February 15th, 2018 that raised awareness of volunteer management challenges and opportunities specific to VITA and provided information about best practices in supporting volunteer management.  Speakers included: Jane Justis, President of the Board of Directors, The Leighty Foundation Gwen Moore, Community Tax Centers Volunteer Coordinator, Foundation Communities Rebecca Thompson,…

EITC Awareness Day 2018

The IRS estimates that only four of five eligible taxpayers claim and receive the EITC.  Each year, the IRS and national partners join in a coordinated outreach effort to increase tax credit eligibility awareness to ensure every qualified worker claims and receives the credit. This year, the 12th annual EITC Awareness Day is coming up on Friday, January…

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…