Financial Literacy Grants Program

Posted by on September 12, 2003

[posted from RFP Bulletin]

J. P. Morgan Chase Foundation Announces Financial Literacy Grants Program Guidelines
Deadline: September 26, 2003

The J.P. Morgan Chase Foundation is committed to improving financial literacy in the communities it serves. The foundation’s Financial Literacy Grants program is designed to help young people, adults in workforce development, and people with disabilities understand the basics of banking and credit, how to save and spend wisely, and how to invest so they can better manage their financial lives, build wealth, and more fully utilize banking services. For this grant program, the J.P. Morgan Chase Foundation has partnered with W!SE, a not-for-profit organization with a focus on financial education.

This grant program provides funding that enables nonprofits, school districts, and government agencies to create financial literacy training, services, or lessons developed for a specific curriculum or course. Funded programs are for distribution to school-based, after-school, youth entrepreneurship, and work force development in low-and-moderate communities.

The foundation encourages organizations to develop programs, products, or materials for diverse audiences. Projects should not duplicate the existing efforts of other organizations. Target audience must include young people in schools, after-school initiatives, or youth organizations; parents/guardians; or adults in workforce development. Technology products developed through this program should comply with “Bobby-Approved” standards to ensure that individuals with disabilities can readily access the finished product. Resulting products or services are to be made available at no or low cost.

In order to be eligible, an applicant organization must be a tax-exempt organization, public charity, with 501(c)(3) status from the IRS or a qualifying nonprofit; be located in or serve low- and/or moderate-income communities and/or the project must benefit young adults or workforce development populations; and provide evidence that it is an active participant in the management of the project and has committed its own resources (financial and human) to the project.

For complete program guidelines and list of eligible counties by state, see the J.P. Morgan Chase Web site.

RFP Link: http://www.jpmorganchase.com/cm/cs?pagename=Chase/Href&urlname=jpmc/community/grants/programs/fin

For additional RFPs in Education, visit: http://www.fdncenter.org/pnd/rfp/cat_education.jhtml