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Money Management International (MMI) has been awarded a $187,000 grant from Chase Card Services, a division of JPMorgan Chase & Co., to help American consumers gain access to important financial literacy programs designed to help them become financially stable.
Grant funds made possible through Chase’s Financial Literacy Grant initiative support MMI’s Journey to Financial Security program and community-based workshops, both of which focuses on providing financial education that not only helps to build a solid financial foundation, but also assists consumers in developing the skills needed to reach long-term financial success.
Over the next three to five years, this funding will enable consumers across the nation to participate in education and case management programs intended to improve competency levels centered on core financial literacy topics such as setting and reaching financial goals, building savings and wealth, managing income and expenses, and using credit wisely. In addition, participants will learn strategies for managing decisions surrounding financial life-stages such as paying for college, planning for marriage and family, and saving for retirement.
“We commend Chase for taking steps to assist individuals in gaining access to financial education programs,” said Jo Kerstetter, vice president of education and community relations for MMI. “We are excited to partner with Chase on this important effort to build stronger communities and provide residents with the financial tools and resources needed to reach long-term financial success.”
Chase’s Financial Literacy Grant program awards funds to community organizations focused on financial education and empowerment throughout the United States.
“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 Gina Luna, chairman of Chase in Houston. “We are pleased to provide MMI with the funding they need to help ensure their program’s success.
To learn more about Chase’s philanthropic initiatives, contact Greg Hassell at Greg.Hassell@chase.com.
I hope the identities of the people who these grants are awarded to are made public because what I seem to have observed happens with most of these grants, the people who win the grants disappear. Nobody knows what they end up doing with the money. There needs to be a system of accountability when it comes to financial grants, specially when they are in the field of literature. I am looking forward to seeing some positive outcomes from this generous act of philanthropy.Jeniffer.
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