Summary of EARN\'s vision for prosperity and results from our first decade of work.

1. EARN’s Vision For a Prosperous America

4. EARN’s Outcomes – Bank on Movement 50,000+ people have new bank accounts through Bank on San Francisco program EARN helped create and launch Bank on San Francisco with City of San Francisco, and Federal Reserve Bank. Bank on SF replicated by Governor Arnold Schwarzenegger as Bank on California President Obama has replicated model - Bank on USA EARN is advising the Obama administration on how to design the Bank on USA program. www.earn.org www.facebook.com/earnorg www.twitter.com/earn 4

5. EARN’s Outcomes – Matched Savings Accounts EARN is the top matched-savings program in US Over $13 million put aside by EARN Savers since 2002 Average household income < $20K annually 83% people of color; 65% women EARN savers invest in college, small business and first time homeownership EARN homeowners are *keeping* their homes! www.earn.org www.facebook.com/earnorg www.twitter.com/earn 5

6. EARN’s Sources of Revenue EARN has raised $23,940,000 since our founding in 2001. The sources of these funds are distributed as follows: Foundation – 40% Government – 30% (federal 25%, local 5%) Corporation – 18% Individual – 12% www.earn.org www.facebook.com/earnorg www.twitter.com/earn 6

7. EARN Uses of Revenue Over 85% of EARN’s revenue directly impacts our Savers Total Match Funds to Date: $9.69m (41%) Services to Savers : $9.51m (40%) (financial education, coaching, transactions, etc.) Policy advances: $1.61m (6%) Fundraising +Comm. $2.12m (9%) Administration $1.02m (4%) Total $23.94m (100%) www.earn.org www.facebook.com/earnorg www.twitter.com/earn 7

8. EARN Expenses by Category EARN is Lean and Trending Leaner www.earn.org www.facebook.com/earnorg www.twitter.com/earn 8

9. www.earn.org www.facebook.com/earnorg www.twitter.com/earn 9 EARN Leverages Capital EARN expenditures leverage meaningful economic activity – directly in the Bay Area and beyond Estimate that we have leveraged $70m in economic activity in the Bay Area since 2002 Rough estimate of activity related to homes purchased, college degrees pursued and small businesses built. EARN has leveraged far more across California and nationally through replication of our ideas and programs www.earn.org www.facebook.com/earnorg www.twitter.com/earn 9

10. In November 2010, EARN—the nation’s leading provider of microsavings—is establishing the EARN Research Institute (ERI) to advance the nation’s capacity to put low-income earners on the path to prosperity. The EARN Research Institute aims to be the nation’s source of gold standard applied research that illustrates what factors are critical to enable low-income earners and their families to achieve financial success. The EARN Research Institute is devoted to the publication and dissemination of expertly researched materials that demonstrate the behavioral dynamics of financial efficacy and access for low-income earners and promote public policies that enable low-income earners to create prosperity for themselves and their children. www.earn.org/research www.facebook.com/earnorg www.twitter.com/earn 10

11. EARN is launching the EARN Research Institute because we are uniquely positioned on the ground serving thousands, to provide solutions for America’s low-income families. EARN’s validated and evidenced-based financial services portfolio has helped tens of thousands of low-income workers to save money in ways that have made substantial positive changes in their lives. Since 2001, EARN has helped tens of thousands of low-wage families in the San Francisco-Bay Area create new cycles of prosperity through innovative financial products including matched savings accounts, checking accounts for the unbanked, and money management coaching. EARN is the only U.S. financial services non-profit with a staff of financial coaches who spend 100% of their time coaching clients toward behavioral changes that create prosperity. The EARN Research Institute is the brainchild of Taek Kwon www.earn.org/research www.facebook.com/earnorg www.twitter.com/earn 11

12. People seeking change for American workers seek out EARN’s solutions because EARN works… Lorenzo just turned two years old and he already has a college fund thanks to EARN! He loves reading books with mommy -- even my textbooks now that I've gone back to school.Thank you so much for making this possible! EARN has given me the power to change our future forever.Love,Elizabeth and Lolo www.earn.orgwww.facebook.com/earnorgwww.twitter.com/earn 12 Elizabeth and Lorenzo Castillo, Oakland, California

13. EARN in Action – Meet Jamie Moore First-time homeowner Click on the link below to watch a short video about Jamie Moore’s journey to homeownership: www.earn.org/jamiemoore www.earn.org www.facebook.com/earnorg www.twitter.com/earn 13

14. Thanks to its track record of success EARN is praised by some of the nation’s most visionary leaders, like California Lt. GovernorGavin Newsom… “EARN has proven that when government, business and the community come together to invest in the working poor, they have the potential to succeed beyond anyone’s expectations.” - Mayor Gavin Newsom City of San Francisco www.earn.org www.facebook.com/earnorg www.twitter.com/earn 14

15. Organizational Overview EARN leads innovation in ending the cycle of low wealth and creates new cycles of prosperity by providing financial services that help low-wage families build assets Started in 2001; began servicing clients in 2002 Led by a very talented staff and board with deep experience in the private, government and nonprofit sectors $4.5 million annual budget; very low administrative costs Board members from TPG, Google, Goldman Sachs, Wells Fargo, other top companies Recipient of numerous awards, including: 2008 James Irvine Foundation Leadership Award; 2005 Amazon.com Nonprofit Innovation Award Finalist 2005 Social Capitalist of the Year from Fast Company www.earn.org www.facebook.com/earnorg www.twitter.com/earn 15

16. EARN’s success creating prosperity for low wage families in America has been widely recognized… www.earn.org www.facebook.com/earnorg www.twitter.com/earn 16 Visit www.earn.org/news to view media coverage of EARN