The EITC Funders Network and the Asset Funders Network co-hosted a unique funders-only opportunity to explore the intentional linkages between savings, the EITC, and financial coaching on Thursday, September 29th at the 2016 Assets Learning Conference (ALC) in Washington, DC.
Household savings, especially flexible assets, can play a key role in creating economic stability, opportunity, and even breaking intergenerational cycles of poverty. The EITC, the nation’s largest anti-poverty program and a proven success at helping both adults and children across the lifespan, creates a unique savings opportunity at tax time. Further, financial coaching, an empowering model that helps clients develop their own solutions to work toward financial capability, has the potential to maximize the impacts of these tax-time savings.
This invitation-only briefing contextualized the linkages within a two-generation poverty reduction framework, offered best practices and lessons learned from the field, and fostered the opportunity for peer-to-peer learning and collaboration.
Click below to download pdf versions of the presentation slides:
- Introduction: A Two-Generation Approach to Promoting Economic Opportunity and Equity, Paula Sammons, W.K. Kellogg Foundation
- Session 1: Increasing Financial Well Being through Financial Coaching, Wende Burton, Communities Foundation of Texas and Regina Salliey, The Annie E. Casey Foundation
- Session 2: EITC, Savings, and Improved Child Outcomes