Meet a Grantee
The 2011 Grantees are: Aid to Inmate Mothers, Central Alabama Women’s Business Center, Girls Inc., Impact Alabama, Hispanic Interest Coalition of Alabama, Leading Edge Institute, and Pathways. Thank you to Bridgeworth Financial for hosting the 2011 Grant Award Event on December 6th. View photos on our Flickr stream.
Hispanic Interest Coalition of Alabama
One woman helped through a grant from The Women’s Fund is from Venezuela and is a survivor of domestic violence. She divorced her husband and now cares for her two children, working at a fast food restaurant. She filed her taxes with HICA’s help and was eligible for the Earned Income Tax Credit (EITC). She used this money to help repay family members who helped her during a time of crisis and also used it towards purchasing a car. She then also participated in the matched savings project and completed her savings in early May with $560 in her bank account. We matched her goal of $500 and processed her request to pay for the daycare of her child.
Over 700 women visiting SaveFirst tax sites in the Greater Birmingham area were counseled about SaveNow WinLater. These women received information from their volunteer tax preparer about savings bonds and how to invest in bonds using a portion of their income tax refund. The women were encouraged to invest in bonds through the SaveNow WinLater program. 55 women in the Greater Birmingham area invested in savings bonds through the SaveNow WinLater program. These women purchased a total of 80 savings bonds, saving $4,000 through SaveNow WinLater.