Personal Financial Literacy for Children
Many entering adulthood do not have a basic background in concepts of personal finance – saving, spending, budgeting, needs vs. wants, donating, and planning. Across the United States, states now require financial literacy be taught in schools starting in kindergarten.
The Health and Well-Being of Children
Many children go to school on the coldest days of winter in sweatshirts or thin fleeces. When the get sick, they miss days of school. When children stay home from school, family members may have to miss days of work placing an even greater burden on the household finances. These children need new winter coats.
This is how you can get involved.
Bonzy Charities, through the support of corporations, foundations, and individuals, assist children from low- and moderate-income families.
Specifically:
Reading Days
- Company associates read to kindergarten, first grade, and second grade students at elementary schools. Every student then receives a copy of Best Day at the Zoo to take home for their personal libraries.
- Best Day at the Zoo presents concepts of personal financial literacy through storytelling.
- Bonzy coordinates all of the activities with the companies, school districts, and schools.
Coat Days
- Bonzy sponsors Coat Days at elementary schools. On Coat Day, company volunteers assist students select their new winter coats. Every student in the school receives a new winter coat. It is a great day for everyone involved.
- Bonzy coordinates the activities with the company, the school district, and the school.
- The schools have a high percentage of students participating in free or reduced-price meal programs.
NOTE FOR BANKS
Bonzy received confirmation from the OCC that two CRA-Eligible Activities that Bonzy Charities submitted will receive CRA Credit.
- Providing grants to nonprofits to purchase books for children from low- and moderate-income families. Under the New Rule, banks will also receive credit for service hours for reading to children. The activity also aligns with at least two Factors of Impact and Responsiveness. Best Day at the Zoo is a win-win for schools and for banks and will be impactful in placing children on a path of financial success in life.
- Providing grants to nonprofits to purchase new winter coats for children from low- and moderate-income families.
Bonzy Charities, Inc. is a 501(c)(3) nonprofit organization – EIN 83-3234283