ONTARIO, Calif. (2/5/15--The Richard Myles Johnson (RMJ) Foundation--the state foundation for credit unions in California and Nevada--has added a new advisory committee focused on financial literacy, the California and Nevada Credit Union Leagues announced.
The Financial Literacy Corps is comprised of the former board members of the California and Nevada Youth Involvement Network (CNYIN). In addition to providing support for the Bite of Reality program, a hands-on simulation program that teaches budgeting skills to young people, members will also provide the foundation with new ideas and best practices on youth financial literacy.
The CNYIN board was dissolved late last year and reformed as an advisory committee within the RMJ Foundation. Board members cited the combined synergy of CNYIN and RMJ would be stronger as a single organization rather than as separate entities.
"For the last several years, the collaboration between CNYIN and RMJ had grown considerably, particularly in the CNYIN's support of the Bite of Reality program," said Tena Lozano, RMJ Foundation executive director. "Since both organizations have a mission to support the delivery of financial literacy education to the youth of California and Nevada, it made sense to the boards of both CNYIN and RMJ to officially join forces."