Grants Approved in 2005

American Public Media (APM)			St. Paul, MN
Investor Education on Marketplace Money and Marketplace APM has produced a wide range of engaging investor education segments tied to timely news events. It has also developed interactive Web content and resources to complement the the on-air programming. Segments aired as part of the Marketplace® suite of programs, comprised of Marketplace®, Marketplace Morning Report®, and Marketplace Money®. Investor education news and content is available on the Marketplace Money Web site.
Grant Amount: $487,342	Project Term: 24 months	Grant Cycle: 2005 General	Type: Education

Baruch College			New York, NY
Young Investor Online Guide Baruch and its partners are developing an interactive investment guide tailored to young adults, particularly those making career choices. The guide, DollarsFromSense.com, will be promoted nationally through implementation of a marketing plan involving the Miami University chapter of Pi Sigma Epsilon, the National Association of Colleges and Employers, the Career Services Association of the City University of New York, the Special Libraries Association Business & Finance Division, and the Library Association of the City University of New York.
Grant Amount: $240,829	Project Term: 24 months	Grant Cycle: 2005 Youth RFP	Type: Education

Boston College Center for Corporate Citizenship			Chestnut Hill, MA
Corporate Reporting of Social, Industry Cohort, and Governance Information: What Investors Want The Boston College team used surveys and experiments to examine the provision of non-financial information in disclosure to investors, specifically to identify the optimal balance between comprehensive disclosure and information overload. Researchers determined the extent to which investors value non-financial information on key social, industry cohort, and governance factors. Findings are available in the Resource Center.
Grant Amount: $295,641	Project Term: 18 months	Grant Cycle: 2005 Disclosure RFP	Type: Research

College of William & Mary		Williamsburg, VA
Experiments on Investment Choice: Annuities versus Lump Sum Payments William & Mary researchers are examining how information content and delivery interact with perceived risk to affect an investor's choice between a retirement annuity and a lump sum payment. The research makes use of simulations that might be useful as educational tools, and includes college students, working adults and retirees in controlled laboratory experiments. Preliminary research findings are published in the Resource Center.
Grant Amount: $252,649	Project Term: 30 months	Grant Cycle: 2005 General	Type: Research

Consumer Credit Counseling Service of Montana			Great Falls, MT
Montana Native American Student Investor Education Program CCCS of Montana is delivering investor education to tribal youth members of the American Indian Business Leaders (AIBL) Student Organization on three Montana reservations. The project utilizes investor education curriculum developed by First Nations Development Institute, a 2004 FINRA Foundation grantee, and includes training of investment educators in Montana. CCCS will work with through the AIBL organization to replicate to reservations nationally. Visit the project home page.
Grant Amount: $72,846	Project Term: 24 months	Grant Cycle: 2005 Youth RFP	Type: Education

Education Development Center (EDC)			Newton, MA
TV411 Save Smart—A TV Special and a Multimedia Investor Literacy Project Through its Adult Literacy Media Alliance, EDC created three new investor education video segments, accompanying student and teacher materials, Web lessons, and a DVD. The segments form part of the organization's ongoing television series, TV411, which airs primarily on public television and cable stations nationwide. The new segments deliver investment education through learning about key math concepts and investment-related vocabulary. A free copy of the DVD is available by visiting the project Web site.
Grant Amount: $210,000	Project Term: 9 months	Grant Cycle: 2005 General	Type: Education

Kidz Online			Herndon, VA
Mastering Money Kidz Online is producing an interactive financial literacy Web show intended to teach young adults how to manage and invest their money. The six-episode series, called Mastering Money, will provide an entertaining and informative approach to financial literacy, combined with humorous on-the-street interviews.
Grant Amount: $340,294	Project Term: 17 months	Grant Cycle: 2005 General	Type: Education

National Association of Investors Corporation (NAIC)			Madison Heights, MI
Investing in Your Future NAIC, also known as BetterInvesting, is piloting a project to develop best practices for delivering online investment education to union members nationwide.
Grant Amount: $354,500	Project Term: 22 months	Grant Cycle: 2005 General	Type: Education

National Association of State Boards of Education (NASBE)			Alexandria, VA
K-12 Financial Literacy—Policy and Practice NASBE convened a commission composed of state boards of education members and others active in the area of financial literacy to examine current practices and develop a set of recommendations policymakers and educators can use to integrate financial literacy into K-12 education. The commission's recommendations are available in the report, Who Will Own Our Children?
Grant Amount: $147,623	Project Term: 10 months	Grant Cycle: 2005 General	Type: Combination

Ohio State University (OSU)			Columbus, OH
Research-based Investment Education Guidelines for Black and Hispanic Households Ohio State researchers are examining racial and ethnic influences on investment behavior. Their work gauges recent investor trends within the target populations (African-Americans and Hispanics), and evaluates existing educational materials in light of the findings. Published articles resulting from the study are now available in the Resource Center.
Grant Amount: $140,880	Project Term: 23 months	Grant Cycle: 2005 General	Type: Research

Partnership for After School Education			New York, NY
Dollars & Sense: Building Financial Dreams PASE leveraged its network of youth service organizations to deliver workplace investor education to young adult workers. The project employed a two-tiered investor education approach: train young adult employees of PASE member organizations and assist these employees with mentoring youth served by those PASE organizations.
Grant Amount: $150,000	Project Term: 24 months	Grant Cycle: 2005 Youth RFP	Type: Education

Southern New Hampshire University			Manchester, NH
Financial Literacy Training for High School Students SNHU’s Center for Financial Studies developed a series of interactive investment education modules for high school students. The modules were piloted and tested in collaboration with the Montgomery County Public Schools in Maryland, and are now available for use by schools nationwide.
Grant Amount: $103,300	Project Term: 12 months	Grant Cycle: 2005 Youth RFP	Type: Education

University of Connecticut			Stamford, CT
Effects of Visual Primes on Improving Web Disclosure to Investors Researchers at the University of Connecticut examined how "visual priming" influences investors' preferences, comprehension and retention of disclosure information. Their study differentiates outcomes between expert and novice online investors, and has important implications for regulators seeking to understand how mutual fund disclosure can be designed to provide greater guidance to the average retail investor. The research findings are posted in the Resource Center.
Grant Amount: $111,599	Project Term: 18 months	Grant Cycle: 2005 Disclosure RFP	Type: Research

University of Kentucky			Lexington, KY
Future 4-H Millionaires Club In conjunction with Virginia Tech, Michigan State University, and the University of Tennessee, the University of Kentucky is developing an investment club curriculum, leaders' manual, and companion investment Web site for the establishment of 4-H Investment Clubs. Implementation materials will be available throughout the National 4-H network. The project supports club leaders by providing ongoing financial lessons and learning resources.
Grant Amount: $189,373	Project Term: 24 months	Grant Cycle: 2005 Youth RFP	Type: Education

University of Tennessee			Knoxville, TN
Preparing Young Employees to Build Wealth Over Their Working Careers The University of Tennessee, University of Florida, Kansas State University, and the University of Kentucky have joined forces to deliver workplace investor education to young adult workers in their respective states. Project leaders have developed a portfolio of curricula, key investment education concepts, and workplace education methodologies suitable for customization to worksites nationwide.
Grant Amount: $237,081	Project Term: 24 months	Grant Cycle: 2005 Youth RFP	Type: Education