The New Jersey Coalition for Financial Education (NJCFE) is commited to making a lasting impact in communities across New Jersey.  The following grants have made our mission a reality and we look forward to future opportunities for NJCFE and our members!

NJCFE 2010 Annual Statement

NJCFE Grant Report: September 2010

Barbara O’Neill (oneill@aesop.rutgers.edu), NJCFE Grants Liaison

Grant-Funded Projects in Progress

* Consumer Federation of America, $5,000 grant for implementation of year-long NJ Saves program to promote savings to NJ residents.

* Wells Fargo/Wachovia Foundation, $10,000, to expand Atlantic City teacher training, “Hands-On Banking” curriculum.

* Consumer Action, $5,000 grant to fund delivery of MoneyWi$e financial education classes in 2010 ($2,500 received to date).

Future Grants and Funding

* Submitted $10,000 Council for Economic Education (CEE) Student Activity grant in Fall 2010 for development of social media.

* Submitted $25,000 Council for Economic Education (CEE) Teacher Training grant in Fall 2010 for 2011 Boot Camp training conferences.

NJCFE Grants and External Funding History to Date

During the past seven years, the NJ Coalition for Financial Education has received at total of $284,100 in grants and external funding and successfully completed 29 funded financial education projects, with 3 more in progress and 2 new projects planned.

¨       $25,000 from the Household Finance Foundation in 2002 to support teacher training with a curriculum called Predatory Lending Practices and Credit Rip-Offs.

¨       $25,000 from the JP Morgan Chase Foundation in 2003 to support the development of a 16-page Newspapers in Education (NIE) newspaper tabloid called Money: What Young Adults Need to Know.

¨       $10,000 from over a dozen sponsors in 2003 to support printing and distribution of the tabloid by The Record.

¨       $12,500 from McGraw-Hill in 2004 to fund a full-day financial education training conference for teachers and three NEFE High School Financial Planning ProgramÒ training workshops.

¨       $5,000 from Empire Corporate Federal Credit Union to support a full day financial education track at an August 2005 NJ Department of Education conference for teachers called Generation Next. 

¨       $20,000 from the Calvin K. Kazanjian Foundation in 2005 to support the development of a second newspaper tabloid called What Older Adults Need to Know About Money. 

¨       $5,000 from BNY Mortgage to support the printing of What Older Adults Need to Know About Money.

¨       $6,500 corporate support ($5,000 from Merrill Lynch and $1,500 from Allstate Insurance Foundation) for Financial Health Day (full-day conference for students, teachers, and community) in 2005 in Teaneck, NJ.

¨       $5,000 from Members United (formerly Empire) Corporate Federal Credit Union (again) in 2006 to support another Financial Health Day in Robbinsville, NJ in May 2007.

¨       $10,000 from the New Jersey Credit Union Foundation in 2006 to develop a tabletop youth financial literacy simulation and two teacher training conferences held in August 2007.

¨       $10,000 from the National Council on Economic Education in 2006 to update and distribute the Money: What Young Adults Need to Know newspaper tabloids.

¨       $ 1,200 from the Consumer Federation of America in 2007 to organize New Jersey Saves Week 2007.

¨       $ 4,000 from Consumer Action to conduct MoneyWi$e financial education classes throughout New Jersey.

¨       $10,000 from Citigroup in 2007 to fund a two-day training program, Financial Education Retreat 2008, for teachers in 2008.

¨       $ 1,200 from the Consumer Federation of America in 2008 to organize New Jersey Saves Week 2008.

¨       $4,500 from Affinity FCU ($2,000), Steve Russell ($1,000), Commerce Bank ($1,000), and Better Basement Company ($500) to support the 10/2/07 financial education conference at Raritan Valley Community College.

¨       $10,000 from the National Council on Economic Education in 2007 to distribute the Real Money™ simulation.

¨       $4,000 from Ortho-McNeil through Leadership Somerset group to be used for purpose(s) decided by NJCFE board.

¨       $10,000 from the Muriel F. Siebert Foundation to support financial literacy training programs for NJ teachers and Siebert curriculum.

¨       $12,000 from the NJ Credit Union Foundation in 2007 to conduct personal finance workshops for members of NJ credit unions.

¨       $5,000 from Members United (formerly Empire) Corporate Federal Credit Union (third time) in 2007 to support another Financial Health Day in South Jersey in 2009.

¨       $3,500 from the Calvin K. Kazanjian Foundation for updates, new content, and online evaluation of older adult newspaper tab.

¨       $3,500 from Consumer Action to conduct MoneyWi$e financial education classes throughout New Jersey in 2008-2009.

¨       $10,000 from the National Council on Economic Education in 2008 to develop the Teachers Training Teachers (T³) project.

¨       $10,000 from the Citi Foundation for six training sessions for teachers in schools and youth programs in NJ urban areas in 2009.

¨       $ 1,200 from the Consumer Federation of America in 2009 to organize New Jersey Saves Week 2009.

¨       $10,000 from the Council for Economic Education (CEE) for teacher training and student preparation of PowerPoint games, 2009-2010.

¨       $12,000 from the NJ Credit Union Foundation for adult financial education programs (2009) and teacher training classes (2010).

¨       $10,000 from Citi to fund two 2-day Financial Education Boot Camp training conferences for teachers in August 2010.

¨       $6,000 from the Council for Economic Education (CEE)/Wells Fargo for teacher training in Atlantic City School District of “Hands-on Banking Curriculum.

¨       $2,000 from the Council for Economic Education to host the first NJ ECONCHALLENGE.

¨       $5,000 from Consumer Federation of America/Capitol One for the coordination and implementation of a year-long New Jersey Saves program on the benefits of savings for NJ residents.

¨       $10,000 from Wells Fargo/Wachovia Foundation for Atlantic City teacher training, “Hands-On Banking” curriculum

¨       $5,000 from Consumer Action to fund delivery of MoneyWi$e financial education classes for female offenders in Trenton, NJ in 2010 in cooperation with the U.S. District Court, Office of Probation.

$284,100 TOTAL