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Biz Kid$ Financial Ed Grants Now Available from National Foundation
Thursday, January 19, 2017 6:40 AM

Grants Extend Reach of Award-Winning Financial Literacy Series

Credit union organizations can now apply for a Biz Kid$ Financial Education Grant from the National Credit Union Foundation through March 31, 2017. The National Foundation is looking to distribute up to $75,000 in grant funds to credit union organizations as part of this effort.

The application can be found here or by visiting ncuf.coop/bkgrants.

“We are excited to once again offer these Biz Kid$ Financial Education Grants to improve the financial futures of the next generation through the award-winning Biz Kid$ program,” said Danielle Brown, the National Foundation’s director of development and donor relations. “In the past five years we’ve distributed these grants, we have seen credit union organizations find creative ways to use the Biz Kid$ program. We look forward to seeing the impact of these new grants over the next year.”

The National Foundation has been highlighting Biz Kid$ grantees that have been leveraging Biz Kid$ and its curriculum to build students financial literacy and economic education skills. Some examples include:

  • FirstLight FCU in El Paso, Texas, hosted a five-day Biz Kid$ summer camp for 50 students entering grades 4-8 in their community. El Paso has one of the nation’s highest poverty rates, and this camp will provide financial literacy lessons and opportunities for youth in the area. At the end of the camp, each student will be set up with a savings account at the credit union.
  • Natco Credit Union sponsored a Biz Kid$ financial education program at their local Boys and Girls Club to help the youth in their community.
  • The Credit Unions Care Foundation of Virginia used the Biz Kid$ program at Virginia Real Money Experience Teacher Trainings to help meet the states’ Economic and Personal Finance Standards of Learning.

Courtney Moran, executive director of the Cornerstone Credit Union Foundation, said, “We are grateful to the National Credit Union Foundation for the opportunity to grow our Biz Kid$ Entrepreneur Contest through past grant opportunities. Participating students, educators, and credit unions are able to collaborate in a way that is truly meaningful and long-lasting for all involved. Students not only get a better sense of what it takes to be a successful entrepreneur and learn the basics of money management, they also understand how important it is as a consumer and small business owner to have that credit union relationship."

What the Grants Fund
Biz Kid$ Financial Education Grants may be used to fund innovative programs that improve the financial education of youth through the use of the Biz Kid$ program. Projects may engage teachers, students, education leaders, local PBS stations, or community stakeholders through events, activities, and/or curriculum distribution. Each project should create innovative and engaging activities incorporating Biz Kid$ materials. Funds may not be used as a cash donation to a third party.

Grants Aligned with Biz Kid$
Biz Kid$ is a financial literacy initiative launched nationally in January 2008 that teaches kids about money and business. The initiative includes an award-winning TV series, free classroom curriculum, outreach activities, and a website (bizkids.com) targeting children 9 – 16 years old.  The number one goal of the Biz Kid$ financial literacy initiative is to teach kids from upper elementary through high school to understand and incorporate the skills they need to successfully manage their financial lives. One goal of the Foundation’s Biz Kid$ Financial Education Grants is to extend the reach of the series beyond broadcast into the community. For more information about Biz Kid$, click here or visit ncuf.coop/bizkid$.

Questions about Biz Kid$ or the grant process can be directed to Danielle Brown at (608) 556-2406 or via email at dbrown@ncuf.coop.

About the National Credit Union Foundation (ncuf.coop):
The National Credit Union Foundation is the charitable arm of the U.S. credit union movement and works as a catalyst to improve people’s financial lives through credit unions. Through Foundation grants and programs, credit unions provide widespread financial education, create greater access to affordable financial services, and empower more consumers to save, build assets, and own homes.  Donations to the Foundation enable credit unions to help their members reach life-changing goals and achieve financial freedom. The National Credit Union Foundation is a 501(c)(3) tax-exempt charitable organization. The Foundation continues to earn the Better Business Bureau seal of approval as an “Accredited Charity” for meeting all 20 BBB Wise Giving Alliance Standards for national charities.