Financial Literacy Grants

Foundation support for financial literacy initiatives. Grants help credit unions throughout Maryland and D.C. develop and implement financial education programs for their members and communities.

Geographic Scope

• Maryland and D.C.-based credit unions
• MD|DC Credit Union Association affiliated credit unions in other states

Funding Details

• Maximum Award: Up to $1,000 per credit union participating in a single program
• Funding Focus: Initiate financial literacy projects

Eligible Activities

Sample funded activities include:

• Financial education for students and teachers
• Financial education for credit union members
• Financial literacy-oriented website development
• Financial education for community organizations
• Student branch openings
• Millionaire's Club high school program

Basic Requirements for Applicants

Proposals must:

• Assist, advance, and strengthen the financial health of members and communities
• Address problems and create sustainable solutions
• Identify populations to be affected
• Incorporate an evaluation method to demonstrate outcomes
• Involve other credit unions, agencies, or institutions in collaborative manner (preferred)
• Demonstrate good stewardship of resources (highest and best use of grant funds)
• Promote programs that can be replicated

Funder Information

• Organization: The Credit Union Foundation of MD & DC
• Website: cufound.org
• Contact: Available through website

Application Process

1. Complete Online Application Form available on the Financial Literacy Grants page
2. Required Information:
   • Credit Union Name
   • Contact Information (Name, Email, Phone)
   • Address
   • Description of proposed financial literacy program
3. Evaluation Criteria:
   • Does proposal assist, advance, and strengthen financial health of members and communities?
   • Does it address problems and create sustainable solutions?
   • Are populations to be affected clearly identified?
   • Is there an evaluation method that can demonstrate outcomes?
   • Does it involve collaboration with other credit unions, agencies, or institutions?
   • Does it demonstrate good stewardship of resources?
   • Can the program be replicated?
4. Submission:
   • Submit completed form through the Foundation website