Archive

Go to:

October 2017
SMTWTFS
1234567
891011121314
15161718192021
22232425262728
293031
< Sep Nov >
Leaguer Email Subscription

You are not currently subscribed. Click Subscribe below to receive the Leaguer email.

National CU Foundation Approves 14 Biz Kid$ Financial Ed Grants
Friday, September 2, 2016 6:50 AM

Biz Kid$

Grants Increase Reach of Award-Winning Financial Literacy Series

The National Credit Union Foundation’s board of directors has approved 14 new Biz Kid$ Financial Education Grants for 2016-2017, totaling $75,200. These grants are distributed to encourage credit union organizations to use Biz Kid$ and its curriculum to enhance students’ financial knowledge and financial well-being. Biz Kid$ is the credit union funded public television series that teaches kids about money management and entrepreneurship.

“It is exciting to be able to fund these new Biz Kid$ initiatives,” said Danielle Brown, the Foundation’s director of development and donor relations. “We hope that through the Biz Kid$ program, more students across America will be equipped with the tools to make better financial decisions and improve their financial futures.”

Some highlights of the grant projects:

  • FirstLight FCU in El Paso, Texas, will host 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. 
     
  • Northern Hills FCU in Sturgis, S.D., will offer Biz Kid$ lessons to youth in the community ages 8-16 who participate in the Sturgis Area Afterschool Program, a program dedicated to keeping youth safe and educationally engaged.
     
  • Pennsylvania Credit Union Foundation in Harrisburg, Pa., will hold educational sessions with their Young Professionals (YP) Network, teaching them how to implement Biz Kid$ in schools. The YP network will be able to deliver the Biz Kid$ programs to middle school students, which will expand financial literacy initiatives to this underserved group. It will also provide the YPs with the experience of showcasing credit unions work towards advancing financial literacy skills. 
     
  • Tallahassee-Leon FCU in Tallahassee, Fla., will provide personal finance instruction using the Biz Kid$ curriculum to participants in the Tallahassee Future Leaders Academy, a summer employment program. The employment program provides youth ages 15-20 with the opportunity to gain professional work experience, as well as financial education. 
     
  • UVA Community CU in Charlottesville, Va., will host a fall Biz Kid$ Career Pathways Expo for approximately 2,000 10th grade students on the campus of UVA.  Participating high school students will receive Biz Kid$ career lesson plans and DVD sets, and at the expo will be given additional information about how Biz Kid$ can help them become financially savvy entrepreneurs. Teachers will also receive information packs to bring Biz Kid$ to their classrooms.

The Cornerstone Credit Union Foundation also received a Biz Kid$ grant.

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

Other credit union organizations receiving grants include:

  • Buffalo Metropolitan FCU, Buffalo, N.Y.
  • Cornerstone Credit Union Foundation, Plano, Texas.
  • Credit Unions Care Foundation of Virginia, Lynchburg, Va.
  • Meadville Area FCU, Meadville, Pa.
  • Minnesota Credit Union Foundation, St. Paul, Minn.
  • Natco Credit Union, Richmond, Ind.
  • Rome Teachers FCU, Rome, N.Y.
  • Siskiyou Central CU, Yreka, Calif.
  • Southeastern Credit Union Foundation, Tallahassee, Fla.

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 targeting children 9–16 years old. The Foundation is responsible for the fundraising and outreach of the program, and a coalition of over 300 credit unions and affiliates from across the country have helped exclusively fund Biz Kid$.

About the National Credit Union Foundation (ncuf.coop):
The National Credit Union Foundation (the 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.