This document summarizes several community development projects conducted by a SIFE team at a university. It describes projects that taught high school students financial literacy skills, provided volunteer tax preparation assistance to low-income families, and organized career networking events for college students. The projects empowered and targeted underserved audiences and applied business concepts. They improved beneficiaries' quality of life and had a high return on inputs. The SIFE team involved members and outside partners and had a positive financial and social impact on their community.

1. Highlights and teaches high school students how to use resources and skills such as setting
up automated savings with a banker and using mint.com. Included games, a student panel to
Effectively empowers its target address questions about the benefits of college, and other interactive activities.
audience
The program is available to students at select schools and should be either economically or
Target people in need. educationally disadvantaged to be eligible.
Apply Business and economic Found an opportunity to do a project that had never been done before: UCD SIFE is the only
concepts and an entrepreneurial undergraduate group to ever participate in this program, and this is the first time the Early
approach. Academic Outreach Program has done an event related to business.
About 90% of program participants felt that they learned a lot and had fun.
Improved the quality of life and
standard of living for its project
beneficiaries.
Community Development Project
The U.S. Bureau of Labor Statistics says that volunteerism is down from last year. The
Consider the relevant economic, social, Volunteer Income Tax Assistance program benefits families and individuals that earn less
and environmental factors than $49,000 per year. This is just shy of Yolo County’s $51,623 median income.
Certified nine UCD SIFE members as volunteer tax preparers, helping them help others and
developing their personal qualifications.
Effectively empowers its target
audience

2. Publicized and located in the places where it’s needed most: on the university campus and
the UC Davis Chicano Studies Extension in Woodland.
Target people in need.
The nature of the program makes it sustainable, and it yields a high return on input.
Apply Business and economic
concepts and an entrepreneurial
approach.
We have done over $7,000 of refunds on 14 returns so far, and are on track to beat last year’s
amount of $43,900.
Improved the quality of life and
standard of living for its project
beneficiaries.
Campus‐Wide Business Network
Studies have shown that the majority of college students are not financially literate and lack
Consider the relevant economic, social, many other critical life skills. This program helps students develop skills related to
and environmental factors professional development, personal finance, and entrepreneurship.
Program emphasis is on practical steps that can be taken toward the event’s goal. Designed
to encourage interaction between students and professionals.
Effectively empowers its target
audience

3. Events target college students and emphasize areas that many undergrads are weak in, such
as job interviews, investing, budgeting, wealth management, and career exploration.
Target people in
need.
Made connections between the campus and business community that enabled UCD SIFE to
Apply Business and economic conduct one of the largest student‐professional interaction events at UC Davis.
concepts and an entrepreneurial
approach.
208 workshop attendees, and an anticipated 350+ Career Speed Dating attendees.
Improved the quality of life and
standard of living for its project
beneficiaries.
2010‐2011 Project Summary
SIFE Members SIFE Members BAB Members Direct Impact Target Audience
A Future in Business Saturday 8 2 14 Underprivileged High
Program School
Economics for Success 5 1 34 Underprivileged High
Program School
Investing Theory Workshop 2 2 100 Underprivileged Middle
School
Volunteer Income Tax 9 3 14 Low Income Families /
Assistance (VITA) College Students
Career Speed Dating Event 1 7 350 College Students
Speak Series Workshop 7 4 208 College Students

4.
SIFE at University of California, Davis
** Please look on the back of the report for a snapshot of
our projects this year. ** Income Statement (2010‐2011)
Revenue YTD ($)
Our mission has stayed the same since our teamsʼ inception: develop an Partnership/ Sponsorship 1465
organizational model that allows for interested students to create, lead, and Membership Fees 120
implement their own project ideas with our help. This year we have focused
Total: 1585
our efforts on three areas:
Project Expenses YTD ($)
1) Teaching financial literacy to youth, Projects 1465
2) Contributing to the development of our community, Transportation 90
3) Creating a strong business network on campus through events and
Total: 1555
activities.
Net Income: 30
Youth Financial Literacy Initiative
Our partner organization shows uncanny success in sending their students to college. 72% of
Consider the relevant economic, social, EAOP participants go to college out of high school. They have partnered with UCD SIFE to
and environmental factors further the program’s excellence.