o o o o Who We Are Our mission at CFED is to make it possible - - PowerPoint PPT Presentation
o o o o Who We Are Our mission at CFED is to make it possible - - PowerPoint PPT Presentation
o o o o Who We Are Our mission at CFED is to make it possible for millions of people to achieve financial security and contribute to an opportunity economy. How do we do it We push to expand innovative practical solutions that empower
Our mission at CFED is to make it possible for millions of people to achieve financial security and contribute to an
- pportunity
economy.
Who We Are
How do we do it
We push to expand innovative practical solutions that empower low- and moderate-income people to build wealth. We drive policy change at all levels of government. We support the efforts of community leaders across the country to advance economic opportunity for all.
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B B E E C C A U S S E E Y Y O U E E A R N E E D I I T.
Bob
- b Vin
inci, MD
Chief of Pediatrics, Boston Medical Center Chair of Pediatrics, Boston University School of Medicine
Dom Domesti tic ch chil ild po poverty
- Ha
Harmful an and Ex Expensiv ive
- 20%
20% of
- f US
US Chil Children
- 16
16 mill llion ch child ldren ar are gr growin ing up up poo poor. . Dom Domesti tic ch chil ild po poverty
- Poor
- or Hea
Health
- Neg
egative Im Impact on
- n
Sc School l Perf erformance
- $500
$500B in n hea health expenditures an and los
- st
t wor
- rkpla
lace pr productivity
Why do Pediatricians Care about the EITC?
Why do Pediatricians Care about the EITC?
>90%
2 BUSES, 1 TRAIN, & $400
TO IMPROVE THE LIFE TRAJECTORIES OF AMERICA’S CHILDREN BY HELPING VULNERABLE FAMILIES BUILD ASSETS AND ACCESS EVIDENCE-BASED ANTIPOVERTY GOVERNMENT PROGRAMS.
>$400,000
Minority woman with mulitple young children works part-time making <$10,000. Before StreetCred, she had never heard of the EITC, and once we told her about its link to income, she announced, “I’m going to work more hours this year so I can get more money back!”
50% of our clients had never heard of the EITC.
Immigrant with teenage son whose husband died
- suddenly. She paid a tax preparer hundreds of dollars
to do her return, and because of confusion over a house loan, the husband never submitted her taxes. StreetCred recovered the thousands of dollars she earned for free!
50% of our clients paid someone to do their taxes last year.
Working mother divorced from children’s father. For years, the husband was claiming the children for tax credits, while she had custody of and raised the kids. StreetCred educated her about her right to the tax credits and helped her claim her dependents.
Financial literacy education proves crucial to large number of families.
COST: $19,000
>20:1 ROI
COMMUNITY ADVISORY BOARD
RESEARCH TEAM
StreetCred doesn’t recreate wheels. We just make them work better. StreetCred is NOT a referral service. We connect families before they leave the doctor’s office. StreetCred operates in a frequented and trusted space. StreetCred has impact when it matters most. StreetCred is committed to evidence-based intervention. StreetCred aspires to deepen the impact of American healthcare.
SUMMARY
SCALING
2017
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