Non-profit to issue RFP for $2MM 529 investment

The Center for Social Development (CSD) at Washington University has announced plans to issue an RFP on April 26, 2005, seeking a state to accept an investment of up to $2 million into its 529 savings program. The state will work with CSD to test the efficacy and policy potentialof a national system of incentivized asset-building accounts for children and youth. The initiative, funded by several national foundations, is known as SEED. Inquiries can be addressed to Margaret Clancy at mclancy@wustl.edu.
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