What Infrastructure Funding Covers (and Excludes)

GrantID: 58095

Grant Funding Amount Low: $500

Deadline: September 12, 2023

Grant Amount High: $5,000

Grant Application – Apply Here

Summary

If you are located in and working in the area of Community Development & Services, this funding opportunity may be a good fit. For more relevant grant options that support your work and priorities, visit The Grant Portal and use the Search Grant tool to find opportunities.

Grant Overview

Developing Financial Literacy Programs for Youth Funding

This funding opportunity focuses on the design and implementation of financial literacy programs tailored specifically for youth. The scope covers the development of educational initiatives that provide engaging workshops on budgeting, saving, and investing. However, it excludes unrelated educational activities such as general subject tutoring or college preparation programs.

Funding can be utilized in various real-world scenarios. For example, an initiative may partner with local high schools to conduct a series of interactive workshops, where students partake in practical simulations of budgeting for life events such as college or purchasing a car. Additionally, non-profits in Highland County may create mentorship programs that connect youth with local financial advisors to help demystify personal finance management.

This funding is particularly suited for organizations that have a strong track record in educational program delivery or financial consulting. Eligible applicants are local schools and non-profits with a mandate to educate youth. Organizations that lack experience in financial education or do not have established connections with financial professionals may struggle to meet the funding criteria.

Alignment factors for this funding include the need for demonstrable community impact, evidenced by structured program proposals and previous outcomes in educational initiatives. Applicants should illustrate how their programs will contribute to enhancing the financial literacy of the youth in Highland County and should align their objectives with community needs assessments.

Importance of Financial Literacy for Youth

The youth of Highland County are at a critical juncture where financial literacy establishes a foundation for lifelong financial stability. According to recent studies, only 17% of young adults exhibit adequate financial literacy, leading to poor financial decision-making in their later years. Funding for these programs is paramount in equipping young people with the necessary tools to navigate financial complexities. By emphasizing a hands-on learning approach, funded programs can significantly alter young individuals' trajectories towards fiscal responsibility and empowerment.

Eligible Regions

Interests

Eligible Requirements

Grant Portal - What Infrastructure Funding Covers (and Excludes) 58095

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