Grants to Increase Reach of Award-Winning Financial Literacy Series
The National Credit Union Foundation’s board of directors has approved 16 new Biz Kid$ financial education grants for 2015, totaling $78,000. Included in the list of recipients is our own Cornerstone Credit Union Foundation.
These grants are distributed to encourage the credit union movement to use Biz Kid$ and its curriculum to build students financial literacy and economic education skills. Biz Kid$ is the credit union-funded public television series that teaches kids about money management and entrepreneurship.
The Cornerstone Foundation will use its grant for the Biz Kid$ Entrepreneur Contest, which is a collaborative initiative focused on personal financial education for teachers and credit union professionals, and also includes a Biz Kid$ Entrepreneur Contest for students. For the contest, students are asked to create a comprehensive business plan for a needed community business, followed by a live presentation of their plan to a local panel of judges. Each credit union submits one finalist to the Cornerstone Foundation, and the overall winner is then chosen by a separate panel of judges.
“We are incredibly grateful for the National Foundation’s continued support of our BizKid$ Entrepreneur Contest,” said Courtney Moran, executive director of the Cornerstone Foundation. "We have seen first-hand that this experience has made an impression on the students as well as the teachers. After the contest, they have a better sense of what it takes to be a successful entrepreneur. And perhaps more importantly, they understand how important it is as a consumer and small business owner to have that credit union relationship.”
“We are thrilled to be able to fund these amazing initiatives and innovative programs for these 16 credit union organizations,” said Danielle Brown, the Foundation’s director of development and donor relations. “Biz Kid$ is a great resource for credit unions and we are excited to see the impact these programs will have towards improving youth financial literacy in America.”
The other credit union organizations receiving grants include:
- Atomic Credit Union, Piketon, OH
- Credit Union League of Connecticut, Meriden, CT
- Credit Unions Care Foundation of Virginia, Lynchburg, VA
- Natco Credit Union, Richmond, IN
- Northwest Credit Union Foundation, Seattle/Tacoma, WA
- City County Employees Credit Union, Clearwater, FL
- Cooperative Federal, Syracuse, NY
- Kansas City Credit Union, Kansas City, MO
- Limestone Federal Credit Union, Manistique, MI
- Maps Credit Union, Salem, OR
- NuVista Federal Credit Union, Montrose, CO
- Securityplus Federal Credit Union, Baltimore, MD
- ServU Federal Credit Union, Painted Post, NY
- Southern Chautauqua Federal Credit Union, Lakewood, NY
- Trona Valley Federal Credit Union, Green River, WY
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 more than 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 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.