The San Diego Foundation receives $250,000 in grants to connect with the Children’s Tax Credit
The San Diego Foundation Received a combined $250,000 in grant to support access to the San Diego County Child Tax Credit Application, announced Tuesday.
The The David and Lucille Packard Foundation, which supports similar efforts across California, awarded a $200,000 grant. The Foundation is the only nonprofit organization in the San Diego area to receive grant funding from the organization.
She also received an additional grant of $50,000 from Earned Income Tax Credit Funders Network.
Grant funding focuses on awareness of the March 2021 increase in the Federal Children’s Tax Credit to provide up to $300 per month for each child under 6, and up to $250 per month for each child ages 6 to 17. Millions of families qualify for thousands of dollars in child tax credit and stimulus payments from the Internal Revenue Service, but many won’t receive them because they haven’t filed taxes recently, or their IRS-registered information is out of date.
“The expansion of the federal child tax credit is an important opportunity to dramatically improve financial stability for under-resourced families,” said Katie Rast, director of community impact at the San Diego Foundation. “However, these expansions can only achieve their goals if families are known about the credits and are able to register.”
“We look forward to working with trusted community partners to connect and enroll in this important initiative, which has already lifted millions of children out of poverty since its implementation,” Rast said.
According to the Urban-Brookings Tax Policy Center, San Diego County has more than 25,000 children at risk of losing the Expanded Child Tax Credit. Additionally, the California Policy Lab estimates that up to $140 million of the total child tax credit dollars are at risk of not being received by San Diego County children.
San Diego families are encouraged to register and sign up for a child tax credit at GetCTC.org/SanDiego. Families who did not file taxes in 2021 can apply for advance payments until November 15; After this date, families will have to file a tax return in 2022 to receive their payments.
The David and Lucile Packard Foundation works with partners around the world for social, cultural and environmental change designed to improve the lives of children, families and communities. The EITC Funders Network brings together funders interested in the Earned Income Tax Credit, Child Tax Credit, and other forms of support for low-income families, free and low-cost tax preparation, and asset building.
For more than 46 years, the San Diego Foundation and its donors have given more than $1.3 billion to support nonprofits that strengthen our community.