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- EIN 47-4325738
- (415) 233-2222
- 345 California St Ste 600 San Francisco CA 94104 USA
- www.goldenstateopportunity.org
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Nonprofit Overview
Causes: Human Service Organizations, Human Services
Mission: The charitable and educational mission of the foundation is to address the needs and interests of economically disadvantaged persons throughout california. The foundation will work to improve the lives of lower and middle income californians through a program of research, analysis, public information and education.
Programs: The foundation's initial project is a statewide outreach campaign called caleitc4me to encourage low income californians to claim the newly passed state earned income tax credit as well as the federal earned income tax credit. Federal and state earned income tax credits, which incentivize and reward work, are one of the most important poverty reduction programs in existence. The earned income tax credit and child tax credit have reduced poverty by an estimated 3. 2 percentage points, and have decreased poverty rates for children by a full 6 percentage points from 31. 1 percent to 25. 1 percent. Despite the efforts of these programs, a large number of californians remain in poverty, many unaware of the resources available to them. Promoting greater participation in existing programs and encouraging new, innovative approaches to fighting causes of poverty would lead to drastic improvements in the standard of living for many low income families struggling to get by.