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Seedco helps low-income people and communities achieve economic prosperity.
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In this Issue: :: Access to Benefits :: Latest on ONYC :: White House Selects Seedco :: Seedco in Denver |
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EarnBenefits Staff Process $4 Million in EITC Refunds |
 Seedco's AmeriCorps staff |
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The IRS Oversight Board praised Seedco's work with the New York City EITC Coalition, during which our AmeriCorps and SeedCorps members processed more than $4 million in Earned Income Tax Credit refunds this year for Volunteer Income Tax Credit Assistance (VITA) clients. The Board is currently in the process of learning more from key partners like Seedco and recommending an increase in support for VITA sites from Congress. |
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Seedco Trains Tennessee Residents for Customer Service Careers |
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Seedco is working with the National Retail Federation Foundation to promote our free customer service training in Tennessee. These trained employees will go on to fuel the more than 30,000 retail venues in Tennessee, 80 percent of which are small businesses. |
Recent Grants |
Seedco thanks the following for their generous support this quarter:
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September 2008
Watch for our redesigned Web site coming this fall!  Mark Your Calendars! Seedco's Second Annual Gala will take place on October 7, 2008, at Cipriani 42nd Street.
This year's honorees are Ken Lowe, president and C.E.O. of Scripps Networks Interactive, Linda Gibbs, New York City Deputy Mayor of Health and Human Services, and Wendell Pierce, actor, producer, New Orleans native and advocate.
Filling the Income Gap
ONYC is Focus of International Conference
 With unemployment at its highest rate in four years and rising groceries costs, more families are feeling the pinch. Seedco is stepping up to help families connect to income-enhancing benefits like food stamps, income-tax credits, childcare subsidies, health care and housing assistance through our program, EarnBenefits.
EarnBenefits was recently profiled in The Community Foundation of Greater Memphis' Community Dividends newsletter showing how access to benefits helps families fill the income gap while they work with Seedco to reenter the workforce. "Not only was I able to feed my family when our resources were completely depleted, but I was able to look for a job and not worry about my children," said Cristel Bratcher, EarnBenefits client in Memphis, Tennessee. Read how Seedco is helping families gain their financial independence.
Right: Counselor Gloria Fouche assists an EarnBenefits client determine eligibility for public benefits. Photo by Baxter Buck. Diane Baillargeon, president and CEO, and Andrea Phillips, executive vice president for programs, met with policymakers, nonprofit professionals and academics from around the world in July at the Rockefeller Center's Bellagio Research Center in Milan, Italy, to discuss the design, evaluation and early implementation of Opportunity NYC, a Center for Economic Opportunity initiative implemented by Seedco and evaluated by MDRC.
Read how Seedco is informing the policy discussion with the landmark implementation of ONYC.
Seedco Selected by White House to Present at Conference
Seedco was the only group selected to present at a White House and U.S. Department of Health and Human Services conference, "Innovations in Effective Compassion," after participating in a February White House conference alongside 10 other nonprofit participants.
Ben Seigel, vice president for program development and technical assistance, discussed Seedco's strategies to help community organizations effectively provide career services. Read how Seedco is influencing the national discussion on capacity building. 
Denver Office Invests $16 Million in First Year
The Seedco Financial-Denver office, a Seedco subsidiary, celebrated its first year with the approval of an additional $4 million in loans for the city's most underserved areas.
After just one year in operation, the organization's total investment in the City of Denver is about $7.5 million and more than $16 million overall in Colorado. Congratulations to our Denver staff for a great first year!
Right: Neighborhood Flix Cinema and Café, one of Seedco Financial's projects in the redevelopment of the historic Lowenstein Theater complex. |
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