Our Impact in 2011
Our Impact in 2011
- Our network of 75+ partner organizations and programs delivered important services to more than 150,000 children, youth, and adults. These services address issues most important to our communities: free tax services, youth development, adult education, job training, small business development, anti-predatory lending, economic inclusion, and health-related services.
- Through our Youth Division, we placed 550 low-income youth in summer jobs and over 150 at-risk young people in long-term employment. We raised $10,000 in one afternoon to support youth employment and provided entrepreneurial training to 400 high school students.
- The Freedom Rings Partnership, a multi-year initiative funded through an $11.8 million stimulus grant to connect low-income Philadelphians to the Internet, delivered almost 45,000 hours of computer training to over 3,000 participants. Approximately 600 of those were Philadelphia Housing Authority residents, who earned a free netbook upon graduation.
- We published and distributed 4,000 copies of the 3rd edition of the Foreclosure Prevention Resource Guide, an essential guide for housing counselors, lawyers, mortgage lenders, and community leaders who work directly with residents in the 5-county region.
- More than 1,500 low-income people saved money this year by attending our financial education workshops.
- We worked in partnership with the City of Philadelphia, housing counseling agencies, and banks to combat predatory lending by offering $392,000 in bank loans to people with less than perfect credit for home repairs and to pay off existing credit card debt.
- We celebrated the second graduating class of the Arise Academy Charter High School, the nation's first charter high school for youth in foster care. To date, 30 students have graduated, many attending higher education institutions.
- We hosted Financial Voices Radio, WURD 900 AM, every Thursday, 8:00-9:00 AM, proving financial advice to millions. Now in its seventh year, listeners get access to top financial experts and opinion leaders.
- In partnership with the City of Philadelphia, we re- launched Philadelphia Home•Buy•Now, a program that offers up to a $4,000 in matching grants to employees of employers who offer forgivable loans or grants towards the purchase of a home in Philadelphia. With 18 participating employers to date, the program has helped create an estimated $2.6 million in new home sales in Philadelphia.
- We worked with local companies to provide 1,000 Thanksgiving baskets to needy families.
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