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Mission of The Benefit Bank of South Carolina Fighting poverty through the delivery of technology that directly assists low- and moderate-income individuals and families to obtain work supports in an easy, dignified manner and improves government efficiency through extending e-Government systems.
Opportunity in South Carolina • More than $800 million unclaimed in 2009: • $346 million in SNAP (Supplemental Nutrition Assistance Program – formerly food stamps) • 114 million in EITC (Earned Income Tax Credit) refunds • $196 million in SCHIP (State Children’s Health Insurance Program) • $60million in Pell Grants for students • $ 50 million in Medicare Part D Low-Income Subsidies for seniors (2009 – MDC work product)
TBB-SC’s Impact on a Family in SC in 2010 One adult with 2 children and earned income of $13,250 a year - this represents earnings of $8.50/hr for 30 hours/wk. Federal tax refund $1,711 Earned Income Credit $1,413 Child Tax Credit $ 521 Additional Child Tax Credit $ 679 Child & Dependent Care Credit $ 750 Education Credits $ 966 Potential Food Assistance $2,230 Total $7,400 $7,400 potential income enhancement All together, a potential increase of more than 64% in yearly income.
The Challenge Lack of knowledge, distrust, welfare stigma, many stops, time missed from work, employed so not thought eligible, denied previously SNAP, MedicalBenefits FAFSA School Lunch Help with Taxes
Counselor Guides Client • Client chooses/enters own access password • Simple questions/answers - 4th Grade reading level • Explanatory help pop ups • Expertise is in the service - 1 day counselor training • Electronic filing with printed copy for client • Detailed follow up instructions for client
TBB’s Free Self-Serve Tax Service Anyone in SC with a household income of $57,000 or less can file their income taxes for free, right from home. • Visit www.thebenefitbank.com • Click, “The Benefit Bank Self-Serve” • Select South Carolina • File your taxes! • Self-serve FAFSA is also available.
Sites Where People Live, Work, Play & Pray • Homeless shelters • Home ownership programs • Asset-building programs • Prisoner re-entry programs • Education organizations • Advocacy group offices • Employers • Public agencies • Job-training programs • Faith congregations • Health and social service organizations • Food and nutrition organizations • Community-based organizations • United Ways • Community Development Corporations
Applications Completed and Filed(December 21, 2009 – April 30, 2010)
Growth in Economic Impact in Ohio # sites or counselors
Clients Served in Ohio and SC during First Quarter of Operations # clients
Current TBB-SC Sites in Aiken County • ACTS of Aiken • Aiken County School District • City of Aiken • Children’s Place • St. Mary’s Help of Christians Catholic Church • Mental Health America of Aiken County • St. Catherine CME Church - Jackson
How Can I Get Involved? Become an TBB-SC Site Participate in a Pre-Training Orientation, sign an Organization Agreement and have staff or volunteers trained. Complete Benefits and/or Tax Training Each session is 6 to 7 hours. Counselors need to have a basic comfort level and knowledge of computers and the Internet. Help spread the word about TBB-SC! You can help us to gain more volunteers, sites, and also help people with critical needs to connect with help and hope. Become a Volunteer! If you don’t currently have a site to work with, we can set you up with a site that could use your help!
(803) 454-3862 Dr. Graham Adams, CEO South Carolina Office of Rural Health Karen Papouchado, Director www.thebenefitbank.com 1-800-726-8774
Year One Goals for TBB-SC Program SC state and Federal taxes and FAFSA Recruit 60 TBB sites (100 sites) Place a TBB site in each of the 46 counties (25 counties) Train 130 TBB-SC counselors (305) Program SNAP (food stamps) File applications for $15 million in SNAP ($924,168) File taxes to bring refunds/credits of $7.5 million ($191,501) Program Medicaid suite (29 programs) Check 15,000 people for eligibility Position TBB to become the one-stop shop for benefits in SC Determine cost of adding veteran’s benefits to TBB-SC Develop model for adding county-level resources to TBB Seek sustainable funding for TBB-SC operations