Economic Opportunity Funders is creating a Member Directory to help you find and connect with peer grantmakers who share your interests. You must opt-in to have your information included in the directory and to receive your free copy.
Funders who work for a qualifying philanthropy are eligible to participate. The deadline to participate is August 1. A copy of the directory will be shared in early September.
Join our 2024 Funder Learning Series to exchange ideas, share grantmaking practices, workshop pressing challenges, and identify opportunities to connect and align efforts around economic opportunity. Connected to conversations from our in-person meetings, these monthly virtual sessions will be held on the second Tuesday of the month. Funders who work for a qualifying philanthropy are eligible to participate.
Learnings from an open-call RFP to advance state policy and strategies for sharing proposals across the EOF Network.
Guest Speaker: Karina Lewis, The Annie E. Casey Foundation
No call in August. September and October call topics TBA.
In Case You Missed It
Read our new Q&A with EOF Member, Chayenne Polimédio, Program Officer, U.S. Democracy at the William and Flora Hewlett Foundation to learn more about how the foundation is addressing economic equity and opportunity, the work she is the most proud of, and questions she’d like to engage funders colleagues on.
Expanding the Child Tax Credit: What You Need to Know and What’s Next
On May 20, the Women’s Funding Network, Economic Opportunity Funders, Early Childhood Funders Collaborative, and Tax Equity Funders Network co-hosted a discussion on the latest updates and analysis, and CTC’s implications for women, children, families, and communities. Visit the Women's Funding Network event page for the recording and related resources.
The EITC Pooled Fund has made one new award and celebrates important wins by current grantees.
Humanity Forward was awarded $50,000 in 2024 to support efforts to expand the federal Child Tax Credit (CTC).
Congratulations to the Oregon Center of Public Policy (OCCP) for exceeding participation expectations in the first year of the Oregon Kids’ Credit, with well over $30 million in benefits flowing to low-income families with young children and over 30,000 families receiving the credits before the filing season concluded. This was also the first year of Direct File Oregon, a new way to file taxes directly with the Oregon Department of Revenue. OCPP published this report and supported national coalition efforts to continue and expand the federal pilot.
Minnesota’s nation-leading Child Tax Credit work even better for Minnesota families through repayment protection for families that choose periodic payments and resources for successful implementation.
Economic Opportunity Funders and the Tax Equity Funders Network administer and oversee the EITC Pooled Fund to increase public support for the federal and state EITC, CTC, and other tax credits.
Economic Opportunity Funders (EOF) is creating a funder strategy room to provide a table around which funders can gather to share common questions, analyses of challenges and opportunities, and philanthropic strategies post-2024 election.
To develop shared knowledge and relationships, participation in the funder strategy room will be limited to up to 25 grantmakers. Funders who work for a qualifying philanthropy are eligible to participate. We will accept up to two staff members per institution. Participants will be accepted on a first-come, first-served basis.
The Strategy Room will include four virtual sessions with the possibility of an in-person gathering during our Budget and Tax Briefing in March 2025. Registration opens in July.
IRS Announces Direct File Will be a Permanent Option for Taxpayers
Following a successful filing season pilot and feedback from various partners, the Internal Revenue Service announced that it will make Direct File a permanent option for filing federal tax returns starting in the 2025 tax season. An exciting next step towards a more equitable tax system.
Foundations and major donors are mobilizing to respond to court cases like the Supreme Court’s decision ending affirmative action at universities and the federal appeals court decision to block the Fearless Fund from issuing grants to only Black women. See a few select resources below.
Care Is About Democracy—And It Wins at the Ballot Box
EOF Steering Committee member, Anna Shireen Wadia, Executive Director of the Care for All with Respect & Equity (CARE) Fund shares how women have made care a priority issue for voters and a unifier across gender, race, and party identification in this article for Ms. Magazine.
Why the 2025 Tax Fight Matters for Care Investments
Read the National Women's Law Center's new facts sheets on why the 2025 Tax Cuts and Jobs Act expirations are a key opportunity to shape the tax code to reflect our values and invest in care so women and families struggling to care for their loved ones and the women of color who do this critical work for low pay can all succeed in our economy. The fact sheets are available in English and Spanish.
New Resources on the Cultural Mindsets of Care Work in the US
New research from the FrameWorks Institute's WorkShift project shares insights into how Americans think and talk about care work and how that information can help us communicate in ways that build support for the care workforce.
New Report on the State of Diversity in the US Nonprofit Sector
Candid has released a new report on diversity in the nonprofit sector, based on data from almost 60,000 nonprofit organizations. This report provides an overview of the nonprofit sector across four demographic categories—race, gender, sexual orientation, and disability status.
