Poverty Prevention Grants Fiscal Year 2004-05

Asset Development

Action Alliance for Children (California)
$15,000

To support publication of a series of English/Spanish articles about strategies to raise family income, increase assets and attain financial stability for low-income parents and the community organizations that serve them.

Asian Neighborhood Design (San Francisco)
$25,000

To fund the first year of Taking Charge, a financial education and life skills program for low-income teens and young adults to teach financial literacy concepts such as goal setting, budgeting and the wise use of credit.

Lenders for Community Development (Santa Clara County)
$210,000

To support Stage II of the Assets for All Alliance to enroll low-income families in Individual Development Accounts, a savings vehicle coupled with financial literacy education, to help them stabilize their financial lives and move out of poverty.

National Economic Development & Law Center (California)
$50,000

To support an education campaign to redefine poverty based on the Self-Sufficiency Standard as a measurement that reflects the true cost of living for working families, so that resources can be strategically redeployed for effective policies and programs.

Springboard Forward (Santa Clara County)
$40,000

To build capacity and strengthen organizational infrastructure in order to expand programs that enable low-wage workers to move out of poverty by building their advancement capacity through mentoring, support and career development.

Capacity Building

First Place Fund for Youth $100,000

First Place Fund for Youth is at the forefront of efforts to support foster youth transitioning out of the foster care system. This grant provides $50,000 per year over two years to strengthen their organization through diversifying their funding and measuring the quality and impact of the services they provide.

Friends of the Children San Francisco $100,000

This grant provides $50,000 per year over two years to support capacity building that will enable Friends of the Children to develop its staff, its fiscal operations and improve their ability to reach individual donors, which will enable them to diversify their funding and fund raising capabilities.

Larkin Street Youth Services $100,000

Larkin Street is a leading provider of services to homeless and runaway youth in San Francisco. This grant provides $50,000 per year over two years to improve their organization through building their data management systems and fundraising activities, which will support their ability to diversify their revenue streams.

San Francisco Earned Assets Resources Network (SFEARN) $200,000

This grant provides $100,000 per year over two years in capacity building support for SFEARN, an organization dedicated to promoting asset development policies and programs. This grant enables them to improve their organization through diversifying their funding and fund raising capabilities, while also deepening their program and policy work.

Sunset Youth Services $50,000

This grant provides $25,000 per year over two years in capacity building support for Sunset Youth Services in San Francisco to strengthen their organization by continuing to develop the board and their staff, thereby enabling them to improve the lives of more low-income youth.

Youth Empowerment Partnership, Inc. (YEP) $85,000

This grant provides $50,000 the first year and $35,000 the second for capacity building support which will enable YEP to strengthen their staff training and development.

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