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Corporation For Enterprise Development
Prosperity Now, formerly known as the Corporation for Enterprise Development (CFED), is a national nonprofit based in Washington, DC, dedicated to expanding economic opportunity for low-income families and communities in the United States. CFED uses an approach grounded in community practice, public policy, and private markets. CFED publishes research, partners with local practitioners to carry out demonstration projects, and engages in local, state, and national policy advocacy work. The organization works domestically with satellite offices in San Francisco, California, and Durham, North Carolina. History CFED was founded in 1979 by Bob Friedman. Initially, the organization focused on economic development and microenterprise. It worked to reduce unemployment and expand opportunity by advocating for policies that would make it easier for entrepreneurs to start or expand a small business. In 1988, CFED launched the Development Report Card (DRC) for the States, a broad-based rep ...
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Think Tank
A think tank, or public policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmental organizations, but some are semi-autonomous agencies within a government, and some are associated with particular political parties, businesses, or the military. Think tanks are often funded by individual donations, with many also accepting government grants. Think tanks publish articles and studies, and sometimes draft legislation on particular matters of policy or society. This information is then used by governments, businesses, media organizations, social movements, or other interest groups. Think tanks range from those associated with highly academic or scholarly activities to those that are overtly ideological and pushing for particular policies, with a wide range among them in terms of the quality of their research. Later gener ...
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Administration For Children And Families
The Administration for Children and Families (ACF) is a division of the United States Department of Health and Human Services (HHS). It is headed by the assistant secretary of health and human services for children and families. It has a $49 billion budget for 60 programs that target children, youth and families. These programs include assistance with welfare, child support enforcement, adoption assistance, foster care, child care, and child abuse. The agency employs approximately 1,700 staff, including 1,200 federal employees and 500 contractors, where 60% are based in Washington, DC, with the remaining in regional offices located in Boston, New York City, Philadelphia, Atlanta, Chicago, Dallas, Kansas City (Missouri), Denver, San Francisco, and Seattle. Mission statement "The Administration for Children and Families (ACF), within the United States Department of Health and Human Services (HHS), provides national leadership and creates opportunities for families to lead econom ...
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Assets & Opportunity Network
In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetaryThere are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the ''Historical Cost'' is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet. value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. ''Total assets'' can also be called the ''balance sheet total''. Assets can be grouped into two major classes: tangible assets and inta ...
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State Of The Union
The State of the Union Address (sometimes abbreviated to SOTU) is an annual message delivered by the president of the United States to a Joint session of the United States Congress, joint session of the United States Congress near the beginning of most calendar years on the current condition of the nation. The speech generally includes reports on the United States federal budget, nation's budget, economy, news, agenda, progress, achievements and the president's priorities and legislative proposals. The address fulfills the requirement in Article Two of the United States Constitution#Section 3: Presidential responsibilities, Article II, Section 3, Clause 1 of the U.S. Constitution for the president to periodically "give to the Congress Information of the State of the Perpetual Union, Union, and recommend to their Consideration such Measures as he shall judge necessary and expedient". During most of the country's first century, the president primarily submitted only a written repor ...
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Middle Class Working Families Task Force
The Middle Class Working Families Task Force (MCWFTF) was a United States Federal Government initiative, established in 2009 via presidential memorandum. It was one of the earliest innovations of the Obama-Biden administration. Jared Bernstein was appointed the Executive Director, responsible for direct management of the project; while Vice-President Joseph Biden was appointed Chairman, with final oversight and responsibility for the work. The purpose of the task force is to empower the American middle class and to explore the vision and possibilities of green jobs. The Middle Class Working Families Task Force studies and recommends far-reaching and imaginative solutions to problems working families face. Goals and Objectives The specific goals of the Task Force were the expansion of education and lifelong training opportunities, the improvement of work-family balance, the restoration of labor standards, the protection of middle-class and working-class family incomes, and the protec ...
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2011 United States Federal Budget
The 2011 United States federal budget was the budget to fund government operations for the fiscal year 2011. The budget was the subject of a spending request by President Barack Obama. The actual appropriations for Fiscal Year 2011 had to be authorized by the Congress before they could take effect, according to the U.S. budget process. No budget was passed by the September 30 deadline, and the government was funded by a series of seven continuing resolutions,which continued funding at or near 2010 levels. The budget negotiations culminated in early April 2011, with a tense legislative standoff leading to speculation that the nation would face its first government shutdown since 1995. However, a deal containing $38.5 billion in cuts from 2010 funding levels was reached with just hours remaining before the deadline. The 2011 budget was enacted on April 15, 2011, as Public Law 112-10, the Department of Defense and Full-Year Continuing Appropriations Act, 2011. Budget proposal ...
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Barack Obama
Barack Hussein Obama II (born August 4, 1961) is an American politician who was the 44th president of the United States from 2009 to 2017. A member of the Democratic Party, he was the first African American president in American history. Obama previously served as a U.S. senator representing Illinois from 2005 to 2008 and as an Illinois state senator from 1997 to 2004. Born in Honolulu, Hawaii, Obama graduated from Columbia University in 1983 with a Bachelor of Arts degree in political science and later worked as a community organizer in Chicago. In 1988, Obama enrolled in Harvard Law School, where he was the first black president of the ''Harvard Law Review''. He became a civil rights attorney and an academic, teaching constitutional law at the University of Chicago Law School from 1992 to 2004. In 1996, Obama was elected to represent the 13th district in the Illinois Senate, a position he held until 2004, when he successfully ran for the U.S. Senate. In the 2008 pre ...
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Corporate Sector
In economics, the business sector or corporate sector - sometimes popularly called simply "business" - is "the part of the economy made up by companies". It is a subset of the domestic economy, excluding the economic activities of general government, private households, and non-profit organizations serving individuals. The business sector is part of the private sector, but it differs in that the private sector includes all non-government activity, including non-profit organizations, while the business sector only includes business that operate for profit. In the United States, the business sector accounted for about 78 percent of the value of gross domestic product (GDP) . Kuwait and Tuvalu each had business sectors accounting for less than 40% of GDP . In systems of state capitalism, much of the business sector forms part of the public sector. In mixed economies, state-owned enterprises may straddle any divide between public and business sectors, allowing analysts to use the ...
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Office Of Community Services
The Office of Community Services (OCS) is a division of the US Executive Branch under the Administration for Children and Families within the Department of Health and Human Services. It is the direct successor of the Office of Economic Opportunity, an independent agency created in 1964. OCS administers six programs which provide funding for community development and poverty alleviation for private and public agencies: * The Assets for Independence program, which provides matching contributions to Individual Development Accounts for those eligible for the Temporary Assistance for Needy Families program. The program was funded at $18.9 for the 2016 fiscal year. Participants in the program's first year saw a median increase in saving of $657, a drop in experiences of economic hardship by 34%, and a 39% drop in the use of payday loans. * The Community Economic Development Program, which provides funding for non-profits with the principal goal of supporting low-income housing or co ...
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