The National Credit Union Foundation’s (NCUF) board of directors has approved 16 new Biz Kid$ grants for 2013, totaling $124,961. The new grants engage the credit union movement in using Biz Kid$ and its curriculum to build students financial literacy and economic education skills. Biz Kid$ is the credit union funded public television series that teaches kids about money management and entrepreneurship.
According to the 2013 Junior Achievement/Allstate Foundation Teens and Personal Finance Survey, 76% of teens report the best time to learn about money management is in kindergarten through high school, but only 29% reported programs currently in place.
“There is a need to improve the financial literacy skills of the youth in America and Biz Kid$ is the perfect vehicle to address that need,” said Danielle Brown, Biz Kid$ Program Coordinator for NCUF. “We are excited to fund these innovative programs that will improve the financial education of youth through the use of the Biz Kid$ program.”
Some highlights of the grant projects:
- Maps Credit Union in Salem, Ore. will work in partnership with Western Oregon University’s College of Education to incorporate Biz Kid$ into the curriculum of Elementary Social Studies Methods, a course required of all university students graduating from the Elementary Education program. The integration of Biz Kid$ into their coursework will lead to the use of Biz Kid$ in the classrooms.
- STAR Credit Union in Madison, Wis. will create an Entrepreneurship Club to teach teens at the Boys and Girls Club of Dane County about entrepreneurship through hands-on experience and the opportunity to launch a business of their own. Biz Kid$ lessons and videos will be used to teach the club members how to write a business plan, create a budget, and write a proposal for a business.
- Cornerstone Credit Union Foundation in Farmers Branch, Texas will create a Biz Kid$ Teacher Training and Entrepreneur Contest pilot program to show educators how to teach the Biz Kid$ program. Participating teachers will implement the Biz Kid$ curriculum in their classrooms and students will collaboratively create a business plan for a needed organization in their community, thus incorporating the entrepreneurship skills learned through Biz Kid$.
- Travis Credit Union in Vacaville, Calif. will use Biz Kid$ to provide the financial literacy curriculum needed for students participating in a Work Ready Certification Program. The program is designed to verify that students have the entry-level skills needed to succeed in the workplace, contribute as citizens, and help students understand the link between their educational/career goals and financial planning.
The National Credit Union Foundation oversees fundraising and outreach responsibilities of Biz Kid$. Over the past six years, more than 300 credit unions and affiliated organizations have raised more than $13.8 million that has supported the show’s production, website and curriculum. In fact, every Biz Kid$ episode begins and ends with a narrator reminding viewers that: “Production funding for Biz Kid$ is provided by America’s Credit Unions, where people are worth more than money.”
For more information about Biz Kid$, click here.
About the National Credit Union Foundation (ncuf.coop):
The National Credit Union Foundation is the US credit union movement's primary national philanthropic program provider, fundraiser and grant-maker, working to help consumers achieve financial freedom through credit unions. Through NCUF grants and programs, credit unions provide widespread financial education, create greater access to affordable financial services, and empower more consumers to save, build assets, and own homes.
NCUF is funded primarily by investments in the award-winning Community Investment Fund (CIF) and by generous Supporters led by the Credit Union National Association and CUNA Mutual Group. All NCUF donors provide support that empowers NCUF and state credit union foundations to make financial freedom achievable through credit unions.
The National Credit Union Foundation is a 501(c)(3) tax-exempt charitable organization. NCUF continues to earn the Better Business Bureau seal of approval as an “Accredited Charity” for meeting all 20 BBB Wise Giving Alliance Standards for national charities.
National Credit Union Foundation 2013 Biz Kid$ Grants
(Listed in Alphabetical Order)
Boulder Valley Credit Union, Boulder, Colo.
Boulder Valley CU will support students participating in a financial literacy related game and mobile app design competition among high schools in the Boulder Valley School District. Students will use Biz Kid$ curricula to learn the basics of financial literacy and will then apply what they have learned to their own game design, which has to be related to finance.
BrightStar Credit Union, Sunrise, Fla.
BrightStar CU will offer Biz Kid$ curriculum to teachers involved in their CU@School program, incorporate the content into the credit union’s classroom presentations, and post Biz Kid$ content on BrightStar University, their financial literacy portal for members, students, and teachers. They currently serve schools in Broward County, the sixth largest school district in the nation.
Caprock Santa Fe Credit Union, Slaton, Texas
Caprock Santa Fe CU will teach financial literacy through Biz Kid$ to kids ages 11-14 in the St. Joseph School and Slaton Independent School District. The credit union CEO will spearhead the four week program and will offer classes in the spring, summer, and fall.
CASE Credit Union, Lansing, Mich.
CASE CU will execute a two-week financial education and entrepreneurship summer program utilizing Biz Kid$ that will empower youth from low wealth families with the tools necessary to capitalize on their business ideas while filling a void in personal financial education. They will create a teacher fellowship position for a middle school math or social studies educator to participate in the camp.
Cook Area Credit Union, Cook, Minn.
Cook Area CU will provide Biz Kid$ materials to the students and teachers in the St. Louis County School District. Staff will work with the teachers to educate them about the Biz Kid$ resources and will provide quarterly follow-up with the educators.
Holy Rosary Credit Union, Kansas City, Mo.
Holy Rosary CU will develop a unique, financially sound youth financial education program in the form of after school clubs known as “Biz Kid$ Clubs” and school branches that can be replicated nationally and applied to a variety of school and age groups using the Biz Kid$ materials as the basis of the curriculum.
League of Southeastern Credit Unions, Tallahassee, Fla.
The League of Southeastern Credit Unions will create a two day Education Summit for the young credit union professionals in Florida and Alabama to familiarize them with Biz Kid$ and financial education outreach tactics. YCUP representatives from each chapter will then create a Biz Kid$ outreach program targeted at a school or multiple schools within their geographic areas.
Maps Credit Union, Salem, Ore.
Maps CU will work in partnership with Western Oregon University’s College of Education to incorporate Biz Kid$ into the curriculum of Elementary Social Studies Methods, a course required of all university students graduating from the Elementary Education program. The integration of Biz Kid$ into their coursework will lead to the use of Biz Kid$ in the classrooms as it will be utilized in student teaching experiences as well as with graduates that incorporate it into their classroom teaching.
Natco Credit Union, Richmond, Ind.
Natco CU will implement the Biz Kid$ program in correlation with the Boys and Girls Clubs of Wayne County to help combat the current number of children living at the poverty level. The credit union will host monthly Biz Kid$ events at the clubs that will incorporate Biz Kid$ episodes and financially inspired activities and games throughout the year.
Palisades Federal Credit Union, Pearl River, N.Y.
Palisades FCU will provide financial literacy outreach via Biz Kid$ programming to students in Rockland County through financial literacy workshops and conferences in partnership with the Cornell University Cooperative Extension of Rockland County. Students will be engaged in experiential learning through the provision of workshops, youth entrepreneurship presentations and mentoring over a period of one year.
Silver State Schools Credit Union, Las Vegas, Nev.
Silver State Schools CU will provide financial education utilizing the Biz Kid$ materials to classrooms and students at Bracken Elementary as part of the Piggy Bank Project. The Project is a collaborative effort to provide savings accounts for elementary students while also providing in-class financial education to reinforce the habit of saving money.
STAR Credit Union, Madison, Wis.
STAR CU will create an Entrepreneurship Club to teach teens at the Boys and Girls Club of Dane County about entrepreneurship through hands-on experience and the opportunity to launch a business of their own. Biz Kid$ lessons and videos will be used to teach the club members how to write a business plan, create a budget, and write a proposal for a business.
Cornerstone Credit Union Foundation, Farmers Branch, Texas
Cornerstone Credit Union Foundation will create a Biz Kid$ Teacher Training and Entrepreneur Contest pilot program to show educators how to teach the Biz Kid$ program. Participating teachers will implement the Biz Kid$ curriculum in their classrooms and students will collaboratively create a business plan for a needed organization in their community, thus incorporating the entrepreneurship skills learned through Biz Kid$.
Travis Credit Union, Vacaville, Calif.
Travis CU will use Biz Kid$ to provide the financial literacy curriculum needed for students participating in a Work Ready Certification Program designed to verify that students have the entry-level skills needed to succeed in the workplace and contribute as citizens. The Biz Kid$ curriculum will also be infused into a five-day career and financial planning workshop for middle and high school students in Solano County.
Western Heritage Credit Union, Alliance, Neb.
Western Heritage CU will develop a Biz Kid$ financial literacy program for youth in middle and high schools throughout the panhandle of Nebraska. They will partner with area high schools through their FBLA and DECA groups to provide guidance and support to high school kids to go into the middle schools and begin teaching Biz Kid$ modules to the students.
White Rose Credit Union, York, Pa.
White Rose CU will utilize Biz Kid$ in support of local schools and community organizations to promote financial well-being among kids ages 9-16. They have been actively involved in outreach to students ages 16 and up and their community partners have asked them to expand their involvement to reach younger students.