EARN's mission is to help low-wage families save money and build assets through programs like matched savings accounts, financial coaching, and microloans. It has helped over 50,000 people open bank accounts through its Bank on San Francisco program, which has been replicated nationally. Over $13 million has been saved by EARN participants, who use the money for college, businesses, and homes. The organization has a track record of success in helping families break the cycle of poverty through these asset-building programs.

1. EARN’s VisionFor a Prosperous America

2. EARN breaks the cycle of poverty and creates new cycles of prosperity by helping low-wage families invest in the assets that will secure their futures and the future of their children…EARN’s MissionHelping low-wage families save to invest in college educations, micro-enterprises, and first homesProviding money management training to help families budget and plan to achieve their dreams2www.earn.org www.facebook.com/earnorg www.twitter.com/earnEARN pursues its mission byLaunching innovative pilot programs – like Bank on San Francisco – that help families enter the financial mainstream

3. Working to change policies that increase opportunities for workers to invest in the kinds of assets that will create prosperity for themselves and their families across generationsHow EARN breaks the cycle of povertyMatched Savings AccountsFinancial CoachingMicro lendingOngoing Support and TrainingFinancial EducationInnovations like Bank on San FranciscoPublic Policy Advocacy Applied Researchwww.earn.org www.facebook.com/earnorg www.twitter.com/earn3EARN’s asset-building strategy gives families the knowledge and tools to accumulate, leverage, and preserve assets across generations

4. EARN’s Outcomes – Bank on Movement50,000+ people have new bank accounts through Bank on San Francisco programEARN 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 USAEARN is advising the Obama administration on how to design the Bank on USA program.www.earn.org www.facebook.com/earnorg www.twitter.com/earn4

5. EARN’s Outcomes – Matched Savings AccountsEARN is the top matched-savings program in USOver $13 million put aside by EARN Savers since 2002Average household income < $20K annually83% people of color; 65% womenEARN savers invest in college, small business and first time homeownershipEARN homeowners are *keeping* their homes!www.earn.org www.facebook.com/earnorg www.twitter.com/earn5

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/earn6

7. EARN Uses of RevenueOver 85% of EARN’s revenue directly impacts our SaversTotal 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/earn7

8. EARN Expenses by CategoryEARN is Lean and Trending Leanerwww.earn.org www.facebook.com/earnorg www.twitter.com/earn8

9. www.earn.org www.facebook.com/earnorg www.twitter.com/earn9EARN Leverages Capital EARN expenditures leverage meaningful economic activity – directly in the Bay Area and beyondEstimate that we have leveraged $70m in economic activity in the Bay Area since 2002Rough 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 programswww.earn.org www.facebook.com/earnorg www.twitter.com/earn9

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/earn10

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/earn11

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 Lolowww.earn.orgwww.facebook.com/earnorgwww.twitter.com/earn12Elizabeth and Lorenzo Castillo, Oakland, California

13. EARN in Action – Meet Jamie Moore First-time homeownerClick on the link below to watch a short video about Jamie Moore’s journey to homeownership: www.earn.org/jamiemoorewww.earn.org www.facebook.com/earnorg www.twitter.com/earn13

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 NewsomCity of San Franciscowww.earn.org www.facebook.com/earnorg www.twitter.com/earn14

15. Organizational OverviewEARN 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 assetsStarted in 2001; began servicing clients in 2002Led 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 costsBoard members from TPG, Google, Goldman Sachs, Wells Fargo, other top companiesRecipient of numerous awards, including: 2008 James Irvine Foundation Leadership Award; 2005 Amazon.com Nonprofit Innovation Award Finalist2005 Social Capitalist of the Year from Fast Companywww.earn.org www.facebook.com/earnorg www.twitter.com/earn15

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/earn16Visit www.earn.org/news to view media coverage of EARN