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You are here: Home / Grant Size / $50,000 to $500,000 / Financial Management Skills for Teens Grant Opportunity (Illinois, Indiana)

Financial Management Skills for Teens Grant Opportunity (Illinois, Indiana)

Dated: January 11, 2022

The United Way Financial Management Impact Council is soliciting proposals to expand financial literacy education for students in grades 9-12.

Donor Name: United Way of the Wabash Valley

States: Illinois, Indiana

Counties: Clay County (IN), Parke County (IN), Sullivan County (IN), Vermillion County (IN), Vigo County (IN), Clark County (IL)

Type of Grant: Grant

Deadline (mm/dd/yyyy): 02/04/2022

Size of the Grant: $75,000

Grant Duration: 1 year

Details:

Participating students will gain practical skills and knowledge about financial management, including topics such as earning, budgeting, taxes, credit, debt, saving and investing. Organizations eligible to apply include school corporations or individual schools, community centers or organizations, and faith-based groups.

The program must be a sustained experience (a minimum of six hours of instruction) and employ a rigorous assessment method to evaluate student learning. Although not required, we value an inperson, instructor-led, real time experience offered at a location that is easily accessible for students. Participation and completion should be incentivized, if not by course credit and a grade, then by other means. Attendance must be tracked and reported.

Funding Information

The UWWV Financial Management Impact Council is making available $75,000 in funding to be provided over one year from grant start date. Pending successful assessment of the program, these grants may be renewable.

Grant Required Outputs/Outcome

UWWV uses the biennially produced “ALICE Project” report to measure progress toward its long-term outcome of moving 10,000 households out of financial struggles and into stability. For its part, the Financial Management Impact Council will measure the contributing outcome of increasing the number of high school students who are prepared for long-term financial stability. To help achieve success in this outcome, award recipients must accomplish one of the following outputs through this grant:

  • Inclusion of financial literacy instruction for high school students in a pre-existing course or in an incentivized extracurricular activity.
  • Creation of a new financial literacy program for high school students that includes an incentive for participation and completion.

Eligibility Criteria

  • Eligibility to apply for this funding opportunity will be based on an initial review of the applicant’s Letter
    of Intent (LOI) and Stewardship Package.
  • UWWV Financial Management Impact Council invites applications from the following categories of entities based in or operating a facility or programs in Clay, Parke, Sullivan, Vermillion or Vigo Counties in Indiana or in Clark County in Illinois:
    • Wabash Valley schools or school corporations;
    • non-profit or for-profit organization;
    • faith-based and community-based organizations;

For more information, visit Financial Management Skills for Teens Grant Opportunity.

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