Poverty Prevention Grants Fiscal Year 2002-03

Asset Development

New America Foundation
$50,000

To foster economic security and self-sufficiency for low-income persons by promoting public policies enabling the widespread ownership of assets.

San Francisco Earned Assets Resources Network
$200,000 (multi-year grant)

To help low-income families in San Francisco accumulate assets and begin savings accounts for home ownership and small business development through the use of Individual Development Accounts.

Support for Working Families

Springboard Forward
$50,000

To help low-income people advance out of poverty through a set of services and strategies that offer opportunities beyond entry-level employment and promote economic advancement.

Women's Initiative for Self Employment
$150,000 (multi-year grant)

To assist low-income women of diverse backgrounds in becoming economically self-sufficient through micro-enterprise entrepreneurial programs.

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