Florida Financial Literacy Initiative Grants

The Florida Financial Literacy Initiative Grants, established by the Florida Literacy Coalition in partnership with Wells Fargo, aim to enhance financial literacy among participants in adult education and family literacy programs. Grants of up to $5,000 will support these programs in integrating financial education into their curricula. By focusing on parent-child interactive literacy activities and providing essential training for parents, the initiative promotes lifelong financial skills and well-being within communities across Florida.

Background
Financial literacy is the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being.
Financial education promotes stability for individuals and their families. The more people know about credit, banking services, taxes, and basic money management, the more likely they are to increase savings, buy homes, save for education, and improve their financial well-being. Not surprisingly, people with a low level of education tend to have low numeracy and financial literacy skills. Basic financial skills education can be critical to helping individuals manage their money and protect themselves from predatory practices.
The Florida Literacy Coalition (FLC) is proud to partner with Wells Fargo in establishing a statewide financial literacy program for students in adult education/literacy, ESOL (English for Speakers of Other Languages) and family literacy programs. This initiative supports the integration of literacy and math instruction and financial education, promoting a contextualized approach to learning.
Wells Fargo is committed to supporting organizations that work to strengthen local communities. By addressing vital community needs and issues, including family and financial literacy, Wells Fargo is promoting economic empowerment and well-being in Florida and beyond.
For grant purposes, family literacy programs should include the following four components:
Parent literacy instruction;Interactive literacy activities between parents and their children; Training for parents regarding how to be the primary teacher for their children and full partners in the education of their children; and Age-appropriate education for children.
Grants up to $5,000 will be made available to 9 Florida adult education, ESOL, and family literacy programs to incorporate financial education into their instruction.