MADISON, Wis. (8/8/13)--The National Credit Union Foundation's board of directors has approved 16 new Biz Kid$ grants, totaling $124,961 for 2013. The new grants engage the credit union movement in using Biz Kid$ and its curriculum to build students' financial literacy and economic education skills.
"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. The innovative programs "will improve the financial education of youth through the use of the Biz Kid$ program."
Biz Kid$ is the credit union-funded public television series that teaches kids about money management and entrepreneurship.
Seventy-six percent of teens report the best time to learn about money management is in kindergarten through high school, but only 29% reported having programs in place, according to the 2013 Junior Achievement/Allstate Foundation Teens and Personal Finance Survey.
Some highlights of the grant projects:
NCUF oversees fundraising and outreach responsibilities of Biz Kid$. During the past six years, more than 300 credit unions and affiliated organizations have raised more than $13.8 million to support the show's production, website and curriculum. Every Biz Kid$ 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 a full list of NCUF grants, use the link.