Delaware Financial Literacy Institute receives $82,000 grant from Chase to help secure local students’ financial future
WILMINGTON, DE--Chase Card Services, a division of JPMorgan Chase & Co., awarded The Delaware Financial Literacy Institute (DFLI) with an $82,000 grant to support an educational program focused on expanding the financial literacy of local teachers and the students they serve. The Money Talks Initiative for Teachers will train K-12 educators in workshops and training sessions throughout the year, providing them with best practices, materials and motivational tools to incorporate financial lessons into the classroom.
"By providing teachers with the knowledge base and personal finance concepts that will make them successful, the program will support a change in educational concepts for years to come," said Ronni Cohen, executive director, Delaware Financial Literacy Institute. "We are grateful to Chase for their continued support."
DFLI expects to reach more than 1,500 Delaware teachers and students annually as a result of this new program. Students will learn to set goals, create budgets, and understand the intricacies of personal finance, spending, savings, investing and the wise use of credit.
This grant was made possible through Chase's Financial Literacy Grant Program, which in its sixth year, awards grants to community organizations that are focused on financial education and economic empowerment throughout the United States, including credit counseling agencies and consumer finance research groups. The nationwide program is part of Chase's commitment to supporting financial literacy for people of all ages.
"Now more than ever, Chase is committed to increasing access to information and assistance that can help individuals improve their financial situations and secure their financial futures," said Dan Tierney, general manger, Chase Card Services, and DFLI Board Member. "We are pleased to support this program that will provide local teachers with the tools they need to help students and their families move forward on the right financial path."
The Chase financial literacy grant is a part of the company's ongoing support of DFLI and the work that they do to enhance financial aptitude in Delaware.
- The JPMorgan Chase Foundation (the Foundation) was one of the initial sponsors of the Delaware Financial Literacy Institute in 2001.
- The Foundation has provided more than $300,000 to the Delaware Financial Literacy Institute, supporting numerous financial education programs serving thousands of adults and students in Delaware with an emphasis on New Castle County and Wilmington.
- The Foundation worked with DFLI to develop the institute's annual entrepreneurship event and has continued to provide funding the past five years. This important program provides hundreds of potential and existing business owners with tools to help them start or grow their businesses.
- The Foundation helped develop the "Chasing the Dream" Summer Camp and has been the lead supporter since its inception five years ago. This summer camp provides hundreds of low-income students in New Castle County with entrepreneurial and economic tools to help them utilize and enhance math and reading skills during the summer months.
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