Knowledge and Insights
The Financial Literacy Challenge and Its Impact in Our Community
The Mercadien Foundation has launched a Financial Literacy Project with several goals, including to identify the gaps in need and service delivery in the area of financial literacy; better educate members of our community in specific areas of personal finance as determined through the 2013 personal financial literacy needs surveys and gap analysis; provide a forum for expanding financial literacy education and sharing best practices; and expand volunteer and leadership opportunities for Mercadien associates and build a more robust philanthropic workplace culture.
The Mercadien Foundation surveyed individuals, educators, business owners, students, and nonprofit organizations to determine the most significant gaps in connecting financial literacy education to community residents. Through this research, The Mercadien Foundation has identified specific targeted areas where program development can be utilized to better educate and support the needs of residents.
To accomplish these goals, The Mercadien Foundation plans initially to convene community stakeholders in roundtable discussions and partner with appropriate groups to create a program that is effective and scalable to allow the opportunity for greatest impact within clearly defined resources.
Click here to read the full Financial Literacy Challenge White Paper.