Financial Literacy Grants Made Available Through the Support of Wells Fargo
The Florida Financial Literacy Initiative has announced that it accepting applications for its 2017 mini-grant program. It will award eight Florida-based adult education and literacy providers up to $5,000 over a one-year period. Funded by Wells Fargo, the Initiative also provides training opportunities for teachers, tutors and administrators on how to incorporate financial information into their curriculum as well as educational sessions at the annual Florida Literacy Conference.
Financial education promotes stability for individuals and their families. The more people know about credit, banking services, taxes and basic money management, the more likely they are to increase savings, buy homes, save for education and improve their financial well-being. People with a low level of education often also have low numeracy and financial literacy skills. Basic financial skills education can be critical to helping individuals manage their money and protect themselves from predatory practices.
The 2017 Florida Financial Literacy Initiative grant was announced at the Florida Literacy Conference in May. Machelle Maner, vice president, community development officer for Wells Fargo, presented FLC with a check for $55,000 to support this effort.
Request for Applications
The cornerstone of the Initiative is a mini-grant program that will award eight Florida-based adult education and literacy providers up to $5,000 over a one-year period. The program also provides training opportunities for teachers, tutors and administrators on how to incorporate financial information into their curriculum as well as a special conference track on financial literacy at the Florida Literacy Conference.
The streamlined integration of literacy instruction and financial education promotes contextualized learning; an approach that helps people to develop basic skills while acquiring information to make informed choices regarding their finances.
“Wells Fargo is truly committed to supporting financial literacy and strengthening local communities,” said Greg Smith, executive director of FLC. “It is our privilege to partner with them on this statewide effort to empower adult and families through financial education.”
The application is available on the Florida Literacy Coalition’s financial literacy webpage. Proposals are due by August 3, 2017. An orientation conference call for prospective applicants is scheduled for July 6, from 10-10:30am.
Grant applicants and others interested in learning more about money management are encouraged to explore the Hands On Banking® online learning center, a free resource developed by Wells Fargo that includes self-directed courses and instructor guides with lessons and classroom activities. Available in both English and Spanish, it can be accessed at the hands on banking website.
About the Florida Literacy Coalition
Established in 1985, The Florida Literacy Coalition (FLC) promotes, supports and advocates for the effective delivery of quality adult and family literacy services in the state of Florida. As a statewide umbrella literacy organization and the host of Florida's Adult and Family Literacy Resource Center, FLC provides a range of services to support more than 250 adult education, literacy and family literacy providers. Special emphasis is placed on assisting community-based literacy organizations with their training and program development needs. More information about FLC can be found at the Florida Literacy Coalition website.
Contact: Heather Surrency, Florida Literacy Coalition
(407) 246-7110 ext. 209