FOR IMMEDIATE RELEASE: August 13, 2015
Media Contact: Caley Love, Director of Communications Phone: 785-296-3580 Email: email@example.com
Securities Commissioner Announces $50,000 in Investor Education Grants
Seven grants are being awarded to organizations promoting regional and state-wide financial education
TOPEKA, Kan., (Aug. 13, 2015) – Kansas Securities Commissioner Josh Ney announced today that his office has awarded financial education grants to 7 Kansas organizations. The grants, which total $50,000, were awarded through the agency’s Investor Education and Protection Fund.
The Office of the Kansas Securities Commissioner (KSC) develops and implements financial literacy and investor education initiatives to inform the public about securities fraud prevention. As part of this mission, the commissioner regularly collaborates with other governmental agencies and non-profit organizations to provide financial education throughout the state. Grantees from each of the four congressional districts in Kansas are selected annually by the KSC after a competitive application and review process.
“Increasing financial literacy in our state requires an ‘all-hands-on-deck’ approach, so I’m grateful for the hard work these deserving organizations do year round to provide important resources and programming to Kansans,” said Ney. “I congratulate each of these deserving recipients and look forward to partnering with them this academic year.”
The KSC Investor Education Grant Recipients for 2015-2016 are:
Communities in Schools, Lawrence, $5,000Communities in Schools of Mid-America, Inc. (CIS) is an organization whose mission is to surround students with a community of support, empowering them to stay in school and achieve in life. One key program provided by CIS is Reality U, which focuses on student preparation for an employable future. It is a multi-day financial literacy exercise that provides a hands-on learning experience in a simulation setting for students to prepare them for life after high school, teaching concepts like the time-value of money and the importance of investing for retirement. CIS brings in community volunteers representing several different community organizations to make the simulation even more life-like. CIS will receive funds to expand the Reality U financial literacy program to serve more high school students throughout Kansas, specifically in Pittsburg and Leavenworth.
Housing and Credit Counseling, Inc., Topeka, $15,000Housing and Credit Counseling, Inc. (HCCI) is a non-profit agency that specializes in counseling and education for budgeting, credit, debt, bankruptcy, tenant and landlord education, student loan repayment, mortgage default, reverse mortgage and home ownership. HCCI’s Women & Money series is a 7-week course that was developed by women for women who want to manage their personal finances well, build assets, and plan ahead for life changes. Topics covered during the series are spending and saving, credit reports, borrowing money, insurance options, investing, social security benefits, and life planning. HCCI of Topeka is receiving funds to support their existing Women & Money Series in Topeka and Johnson County, and also expand the series to women in western Kansas, including the Garden City area.
Junior Achievement of Kansas, Sedgwick County, $5,000Junior Achievement’s mission is to inspire and prepare young people to succeed in a global economy. JA teaches children about financial literacy, entrepreneurship and workplace readiness. JA of Kansas will use the grant funds to continue to send community business leaders and volunteers into classrooms to give children real-life role models teaching these critical life skills each week during the school year in Sedgwick County.
JA of Middle America, Wyandotte County, $2500Junior Achievement of Middle America’s mission is to teach and prepare middle and high school students with the skills and knowledge necessary to achieve future financial success. With the funds JA receives from the Securities Commissioner’s Office, they will implement a personal finance program in KCK Schools to help focus students on the fundamental elements and building blocks of smart personal finances including budgeting, saving, credit, consumer protection and investment analysis.
Kansas Council on Economic Education, Wichita, $10,000The Kansas Council on Economic Education (KCEE) is a non-profit organization that equips teachers to educate students in economics and personal finance. KCEE’s vision is that students will become more knowledgeable consumers, wiser savers and investors, better employees and more responsible citizens who are capable of managing their finances, evaluating policy decisions, and helping to avoid future economic and financial crises. KCEE provides financial education through numerous programs and competitions, such as the Stock Market Game, InvestWrite essay contest, and the Life Smarts program. Funds awarded will help defray the cost of participation in the Stock Market Game for Kansas students in grades 3-12.
National Association for the Advancement of Colored People of Wichita, Sedgwick County, $2500The mission of the National Association for the Advancement of Colored People (NAACP) is to ensure the political, educational, social, and economic equality of rights of all persons and to eliminate race-based discrimination. The Wichita Branch NAACP is seeking funds to host its third annual Financial Freedom Expo in April of 2016. The Expo seeks to improve financial literacy among its attendees, a target audience of minorities and the socioeconomically underserved of all ages. This one day event has yielded an attendance of 200-500 participants. Workshop content is focused around the following areas; credit scores, homeownership, payday loans, financial planning and investment, educational finance and small business. The funds awarded will help assist with program expenses like venue rental, food, prizes, and promotional materials.
North Central-Flint Hills Area Agency on Aging, Manhattan, $10,000The North Central-Flint Hills Area Agency on Aging, Inc. (NC-FH AAA) is a multi-dimensional, private, non-profit organization that plans, coordinates and sponsors services in 18 north central Kansas counties to enhance the quality and dignity of life of older Kansans and their families. Some services provided by NC-FH AAA are Friendship Meals/Meals on Wheels, Medicare benefits counseling, and information, referral and assistance to seniors and caregivers. NC-FH AAA will utilize funding to enhance existing financial literacy efforts and to educate senior and family caregivers about the prevention of investment fraud, with a focus on diminished capacity identification.
For more information about funding opportunities from the Office of the Kansas Securities Commissioner, please visit: http://www.ksc.ks.gov/Grants
The mission of the Office of the Kansas Securities Commissioner (KSC) is to protect and inform Kansas investors; to promote integrity, fairness, and full disclosure in financial services; and to foster capital formation.