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 Foundation‘s 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 Foundation’s 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 women’s 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.