Wed, Jun 21, 2017
Enterprise Holdings Foundation has awarded a $5,000 grant to support the Credit Union Foundation MD|DC’s Millionaire’s Club financial education program.
The grant will be used to continue the growth of the high-school based financial literacy offering that has grown in four years from two pilot schools to forty sites in Maryland and has caught the attention of credit unions in other states.
“We are very grateful for Enterprise Holdings Foundation’s continued support of this program,” said Kyle Swisher, Executive Director of the Maryland charity. “These funds will allow us to continue the rapid expansion of the Millionaire’s Club while enabling credit unions, credit union foundation, and leagues nationwide to adopt the program as their own, and at no cost to them.”
Millionaire’s Clubs were created to help credit unions partner with local high schools through a complete financial education experience. Millionaire’s Clubs have been growing at an increasing rate and are now active in forty Maryland and District of Columbia schools. As of this writing over 2,500 students have benefited from their participation.
School Clubs are provided seed grants, detailed curriculum, and faculty/student materials at no charge. Clubs are entered into local, regional, and national competitions such as The Stock Market Game™ and The Personal Finance Challenge™. Additional support materials add a fun, competitive edge to the Club's activities.
Millionaire's Clubs have produced State and National personal finance champions as well as first-place Stock Market Game™ competitors.