Investee News

(From the June 2007 Newsletter)

CASH Completes Second Year
CASH completed a highly successful second season of free tax preparation in partnership with AARP/Tax-Aide at four sites: Lloyd Center, downtown Hillsboro, Milwaukie (Clackamas County), and Rockwood. Over 2,200 returns were prepared (compared to 750 last year), with more than $2.2 million in federal tax refunds and more than $847,000 in federal earned income credits. At the Lloyd Center site, we received 1,089 surveys from tax payers with demographic and other important information to guide future strategies. Over 2,000 volunteer hours were contributed at Lloyd Center.



New Kids Café Opens in Hillsboro Site
On May 18th, The Boys & Girls Clubs of Portland celebrated the grand opening of its expanded facility in Hillsboro. Over 8,000 square feet of warehouse space adjacent to the existing Boys & Girls Club was renovated to include a Kids' Café kitchen, gym, teen fitness center and a multipurpose room. The total cost of the entire purchase and renovation was $2 million. The event was well attended by funding organizations, community leaders and the press. Partner Valerie Ilsley has been the lead for this project and also spoke at this event. The Hillsboro Kids Café represents the last phase of SVPP's investment in the Kids Café project of The Boys & Girls Clubs of Portland. We are proud to have played a major role as lead investor and construction project management for these three Kids Cafes. We are also proud of their impact in addressing hunger issues with Portland youth.

No comments: