United Way Receives $2 Million Grant From Bank of America Charitable Foundation to Promote Earned Income Tax Credit

United Way of America and the Bank of America Charitable Foundation today announced a $2 million grant to support an asset building strategy to help low- and moderate-income individuals achieve financially stability. The United Way Financial Stability Partnership™, launched in 2007, was designed to provide working individuals and families in communities across the country with tools to increase their income, build savings, and develop and maintain their assets. A fundamental component of this initiative is to help people obtain free tax preparation assistance and unclaimed tax refunds through the Earned Income Tax Credit (EITC).

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