Asset Development
Center for Venture Philanthropy
$210,000
To support the Assets for All Alliance in enrolling 1,000 participants in Individual Development Accounts throughout San Mateo and Santa Clara counties, and to develop a learning dissemination strategy to promote the field of asset development.
Corporation for Enterprise Development
$250,000
To co-sponsor the Savings for Education, Entrepreneurship and Downpayment (SEED) Initiative, which will provide a national policy demonstration to explore the efficacy of long-term savings and investment accounts for all children.