
Announcing Closure of EITC Pooled Fund
After thirteen incredible years, the EITC Pooled Fund will close at the end of 2025.
Launched in 2012 by Economic Opportunity Funders and the Tax Equity Network, the EITC Pooled Fund has awarded more than $9 million to organizations in 36 states and 11 national networks to advance economic opportunity for low-income workers and their families across the country through the defense, creation, and expansion of state and federal tax credits.
Awardees have been among the first to promote the expansion of the EITC to younger and older workers as well as to immigrant workers or those who file with an individual taxpayer identification number. Beyond improving existing state tax credits, the Fund has helped support the creation of at least twelve new tax credits in states across the country. Thanks to these efforts, hundreds of thousands of low-income families will get more money back at tax time to help purchase food and school supplies, pay for rent, child care, and health care, enroll in school, and afford other essentials. A record of our work together can be found on our website.
We express deep appreciation to the charitable foundations that have contributed to the Pooled Fund over the years:
- The Annie E. Casey Foundation
- Bernard and Anne Spitzer Charitable Trust
- The Rockefeller Foundation
- Wellspring Philanthropic Fund
- W.K. Kellogg Foundation
We’d also like to thank the Pooled Fund Technical Assistance partners, the Center on Budget and Policy Priorities and The Hatcher Group, for their leadership, guidance, and support of the field.
The Fund is closing not due to a lack of support in the philanthropic sector, but rather because of the successful growth of the field it helped build. When the Fund launched in 2012, there were very few philanthropic resources dedicated to policy, advocacy, and communications work on state tax credits. Multiple individual philanthropic efforts and pooled funds now actively prioritize and resource state and federal tax credit work.
We step away with deep gratitude and immense pride that a thriving field of tax credit advocacy now exists for this vital work and will continue to deliver economic security for low-income workers and families nationwide for years to come.
