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Grant Making Philosophy
The
Foundation For Financial Literacy was established through the generous
support of CASHFLOW® Technologies, Inc. and its founders as a dynamic
vehicle for giving back. The bedrock of the Foundations
purpose is the belief that people can realize their dreams by becoming
financially literate. Financial literacy in turn fosters generosity through
mentoring and empowering people in the five phases of acquiring wealth
and money. The principle of giving back, which is the most
important of the five phases, is the keynote in the Foundations
philosophy of elevating the financial well-being of humanity. To this
end, the Foundation For Financial Literacy makes grants of money to support
and promote financial literacy and education throughout the world.
Who is eligible
to apply?
Any group or organization in any country whose primary
area of interest is providing financial education and literacy programs
for any or all age groups is eligible to apply for funding.
What
is an appropriate project?
An appropriate project or program includes private and
public sector financial literacy and education programs and projects such
as financial education in schools, grassroots and home programs, workshops,
or other projects to teach financial education and to promote financial
literacy and skills, and financial education projects through charitable
organizations and agencies.
Special consideration will be given to proposals
which address under-served populations of children through mentoring programs
with older teens and also underserved womens groups.
Criteria
All proposals will be evaluated on the
following criteria:
How the project utilizes and promotes the principles of financial literacy.
How the members of the community/population to be served benefit from
the project.
How effectively are the funds used to reach the population to be served
(e.g. cost per person to be served)?
The project can be simply evaluated using the outcomes
listed in the proposal.
How the evaluation process is used to measure success and what follow
up procedure continually monitors outcomes.
The group or organization submitting the application clearly explains
its qualifications and/or experience which makes it capable of successfully
implementing this project.
How the philosophy of giving back is fostered through the
educational component of this project.
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