Martin County Library System Press Releases

February 10, 2011

Library System Receives Grant to Support Grassroots Financial Literacy

Filed under: Adult programming,News — mclswebblog @ 5:59 pm
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For Release:     February 9, 2011
Contacts:         

Judi Snyder, Acting Director, Martin County Library System

(772) 219-4964, jsnyder@martin.fl.us

Susan Perez, Early Childhood and Family Literacy Specialist, MCLS Center for Reading & Literacy

(772) 221-1401, sperez@martin.fl.us                 

Martin County Library System Receives Grant to

Support Grassroots Financial Literacy

 Stuart, FL Martin County Library System is among 20 library systems to receive a grant from the Financial Industry Regulatory Authority (FINRA) Investor Education Foundation and the American Library Association (ALA) as part of the Smart investing@your library® initiative.

Administered jointly by the Reference and User Services Association – a division of ALA – and the FINRA Investor Education Foundation, the Smart investing@your library program funds library efforts to provide patrons with effective, unbiased financial education resources. Now in its fourth year, the program has awarded a total of more than $4.6 million to public libraries and library networks nationwide. Of the $1.4 million in grants awarded by FINRA and ALA this year, Martin County Library System received $45,054.

The new grant recipients will use the funds to implement a variety of programs designed to increase patrons’ access to and understanding of financial information. The grantees will partner with community organizations, schools, universities and local governments to expand the impact of the services and resources the grants enable.

Martin County Library System and the University of Florida Cooperative Extension will provide a graduated series of personal finance and investing workshops for lower-income residents referred by Habitat for Humanity and local social services agencies. The programming will emphasize financial considerations pertaining to homeownership, saving for children’s education, planning for retirement and rebuilding a nest egg. Library patrons will be empowered to make educated financial choices for both long-term investing and day-to-day money matters using a variety of technologies and outreach strategies.

For more information about Smart investing@your library®, visit www.smartinvesting.ala.org. For details about grant programs and other FINRA Foundation initiatives, visit www.finrafoundation.org. For more information about ALA and the Reference and User Services Association, visit www.ala.org. For more information about the Martin County Library System, visit www.library.martin.fl.us.

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