The Season of Love, Taxes and Financial Security: Feb 2017
In This Issue: Collaboration is in the Air
Some things are just better together – like financial security building and workforce development! Meet the Clinic’s newest partners as we begin the second year of WorkBOOST NYC, complete with year one video success stories. Tax season is in full swing – what will you do with your refund? Plus, join our celebration of Black History Month on social media! The Clinic has a new website! Staying on top of the latest news and programs of The Financial Clinic is easier (and better looking) than ever.
Visit our newly renovated website, including information on all the ways to partner.
BOOSTing Workforce Outcomes
December 2015 The Clinic celebrated Valentine’s Day with new and returning partners for the first Organizational Development session of WorkBOOST NYC‘s Cohort 2. We are thrilled to welcome back Madison Strategies Group and Opportunities for a Better Tomorrow as they build on the foundation of financial security building laid in the first year of the project, and introduce four new partner organizations: CAMBA, Comprehensive Development, Inc. (CDI), Seedco, and Year Up. Watch Alex Holt, Madison Strategies Group Program Director offer his thoughts for the new cohort, as well as advice for all workforce development organizations seeking to introduce financial security strategies to their work.
As we approach the end of WorkBOOST NYC’s first year, the results are promising for a future of building financial security long past the length of this project. With all four
workforce development partners embedding financial security in their programming, we have already seen 350 individuals receive ‘light-touch’ financial coaching from frontline staff and 100 referrals to the onsite financial coach, resulting in 68 financial security outcomes achieved – 6 participants have already accomplished a financial goal! Watch as Implementation Lead, Erica Mancinas, describes one such success story.
The Clinic is grateful to JPMorgan Chase & Co., the Ira DeCamp Foundation, and Tiger Foundation for generously supporting WorkBOOST NYC Cohort 2.
Sharing the Workforce Love
As we grow through the successes of WorkBOOST NYC, the Clinic is excited to use its experience, lessons-learned, and best practices to give jobseekers financial independence with new partnerships across the workforce development field:
- The Clinic Capacity Building team recently began trainings to launch a new project with staff at national, award-winning workforce development organization, Grant Associates, to integrate financial security building services into their programs.
- We are joining forces with Per Scholas to conduct a needs and assets assessment across all of their national locations (Columbus, Cincinnati, National Capital Region, Dallas, and Atlanta), create a plan to optimize financial security building services for each market, and deliver training to frontline staff. Per Scholas offers rigorous, tuition-free technology training to motivated and curious adults who are unemployed or underemployed for successful careers as IT professionals. We have previously worked with Per Scholas’ Bronx location to support the creation of their financial capability services, and in 2013 as a part of WorkWonders, a capacity building initiative for New York City-based workforce development organizations.
Stay tuned for updates from these partnerships and more soon!
What Are You Using Your Refund For?
On Saturday, February 4, the Clinic held an informational tax breakfast event, generously hosted by Make the Road New York in Jackson Heights, Queens. Participants learned top strategies to file for free, how to file as a cash earner and make the most of a refund, and scheduled appointments. A few individuals were so prepared, they were able to get a head start on filing with the onsite VITA Intake Counselor. In the kids corner, children and parents alike let their artistic abilities shine at the “What I Want to Save For” drawing and coloring station!
If you were not able to join us, have no fear – Assistant Director of Services, Karen Goodheart, has compiled some of the best ways to use your tax refund, captured in our newest blog post.
Stay up-to-date on the status of your refund using the IRS’s Where’s My Refund? tool.
Social Spotlight: #BlackHistoryMonth
We are celebrating Black History Month with spotlights on historical African American figures in finance. Share your own favorites, past or present, using #BlackHistoryMonth and tagging the Clinic.
From our Twitter feed: In 1888, Capital Savings Bank opened, the first bank organized and operated by African Americans.
From our Facebook feed: In 1778, Richard Allen and Absalom Jones formed the Free African Society to provide financial support to newly freed people.
Follow the Clinic on Facebook and Twitter to catch all the latest news and posts!
The Clinic Across the Country
Speaking Engagements and Presentations
The Clinic staff have been busy, offering their expertise at various conferences and presentations.
The Clinic staff have been busy, offering their expertise at various conferences and presentations. A selection of recent appearances include:
- Assistant Director of Capacity Building, Jared Marling, and Managers of Capacity Building, Racquel Forrester and Shola Jiboyewa, led the second “Financial Coaching Huddle” on February 1, hosted by WiNGS Dallas.
- On February 16, Founder and CEO, Mae Watson Grote, joined CFED and the Consumer Financial Protection Bureau for a panel discussion on “Measuring Financial Capability” as part of the Youth Employment Success Roundtable: Setting America’s Young Workers Up for Success in Washington, D.C.