Press Release
FAIRWINDS Foundation Announces Recipients of 2020 Grants Grant Recipients Represent New, Unified Direction for the Foundation
ORLANDO, FL – FAIRWINDS Foundation, a nonprofit 501(c)(3) organization that serves as the philanthropic arm of FAIRWINDS Credit Union, today announced the recipients of its 2020 grants at an event held at the financial institution’s Downtown Orlando headquarters. The grants were awarded to eight regional organizations embodying the Foundation’s core purpose of inspiring generosity and improving lives through financial well-being.
“We are proud to support each of these organizations, and we look forward to the impact they will make in helping others achieve financial freedom through education,” said Elisha González, vice president of community relations and government affairs at FAIRWINDS Credit Union and executive director of the FAIRWINDS Foundation. “Through the positive impact of the causes we support, we hope to inspire generous living among both FAIRWINDS members and the communities we serve.”
The announcement of these eight grants represents a new, unified vision for the
FAIRWINDS Foundation. Launched in 2017, the Foundation was formed to embody and
further
FAIRWINDS’ commitment to the Central Florida community.
Senior
leadership from the Foundation’s grant recipient organizations and community
leaders attended today’s event to celebrate the importance of this partnership
and for a formal moment of recognition. Each of the selected organizations
strives to foster financial understanding, stability and independence:
·
Seminole County Public Schools will utilize its $30,850 grant from the FAIRWINDS
Foundation to impact the fiscal well-being of students through a financial
literacy program aimed at helping middle school students grow up to be savvy
money managers.
“Through this incredible partnership with FAIRWINDS
Foundation, Seminole County Public Schools now has the capability to make a
lifelong difference in the financial well-being of our students,” said Jean Van
Smith, Seminole County Public School’s executive director.
· Central
Florida Urban League (CFUL)
received $30,000 and employee volunteers from
FAIRWINDS that will support its Meet the Bankers initiative, a program designed
to provide a detailed path to financial stability and home ownership through
education. As part of the partnership, the CFUL team and
FAIRWINDS crewmembers
will provide individual tailored and prescriptive financial pathways that will
help participants develop household budgets, create savings plans, manage debt
and avoid common pitfalls like predatory loans.
“We are thankful to have
the opportunity to work with the
FAIRWINDS Foundation to further develop our
mission of equipping Central Floridians with the tools they need to be
financially healthy and literate,” said Glenton Gilzean Jr., president and CEO
of CFUL.
· Heart of Florida United Way will receive a $30,000 grant from
the
FAIRWINDS Foundation. Half of the Central Florida population falls into the
ALICE (Asset Limited Income Constrained Employed) category, which means many are
balancing on the cusp of financial ruin. Nearly half of the Orlando community is
living paycheck to paycheck and barely able to afford necessities like housing,
transportation and food. United Way’s focus on financial stability, which
includes education and training programs designed to help an individual increase
their financial knowledge and utilize the information to make informed and
effective decisions, aligns with the
FAIRWINDS Foundation focus on teaching
financial literacy as a means of improving the financial well-being of the
community.
The grant from the Foundation will support the ALICE population.
In response to this investment, United Way will provide financial literacy
education and certification for up to 40 case managers in the service area for
Orange, Osceola and Seminole counties. United Way will work with its nonprofit
and community partners to identify case managers who will benefit from becoming
a Certified Practitioner in Financial Capability (CPFinCap).
“Nearly half
of Central Florida’s population falls into the ALICE population,” said Jeff
Hayward, president & CEO of Heart of Florida United Way. “Hardworking
individuals and families live paycheck to paycheck and are barely able to afford
basic needs like housing, transportation, and food. With the support of
FAIRWINDS, we can further our fight for ALICE and increase financial knowledge
through education and training programs.”
· MicheLee Puppets Inc., which
has a 34-year history of empowering children to positive action through
puppetry, received a $30,000 grant to support the production of multiple
entertaining and educational videos, as well as educational resources designed
to teach grade students about financial literacy. The goal of this
first-of-its-kind series is to inspire the next generation of savers, so they
may learn best practices of financial literacy at home and in the classroom.
MicheLee Puppets has partnered with Florida PBS Learning Media to distribute its
proprietary educational resources to families and schools in Central Florida, as
well as to educators around the country.
“Thanks to the FAIRWINDS
Foundation, MicheLee Puppets will have the opportunity to create video content
that inspires children to make smart financial decisions where they are and
establish healthy spending and saving habits that they will carry with them into
adulthood,” said MicheLee Puppets executive director Tracey M. Conner.
·
Stetson University’s EDGE Program prepares financially challenged students for
the future through education and career readiness training, teaching them to
make informed economic decisions after college. Through a $23,651 grant from the
FAIRWINDS Foundation, EDGE will be able to reach and connect with more
students.
“With the support of the FAIRWINDS Foundation, EDGE will continue
providing financial literacy education to those students who need it most,” said
Tim Stiles, executive director at Stetson’s Office of Career and Professional
Development.
· Junior Achievement of Central Florida will further develop
its JA Finance Park Virtual program with $15,000 in grant funding from the
Foundation. As the banking sponsor of the program,
FAIRWINDS supports a
virtual
simulation exercise for high school seniors in economics classes,
better
preparing them to make well-informed personal financial
decisions.
“With a mission of inspiring and preparing young people to
succeed in a global economy, we are proud to partner with
FAIRWINDS and are
grateful for the Foundation’s support,” said Kathy Panter, president of Junior
Achievement of Central Florida.
· University of Central Florida’s (UCF)
Cent$ible Knight$
is the university’s premiere financial literacy program. As a
longstanding partner and the official Student Banking Service Provider to the
university, the Foundation continues to offer five $2,500 scholarships to UCF
students that complete the program.
“The support of FAIRWINDS Credit Union
and its Foundation has been essential to the facilitation of our Cent$ible
Knight$ workshops, which enhance students’ financial knowledge and equips them
with the tools they need to make sound financial decisions,” said University of
Central Florida Foundation’s College of Business executive director, Susan
Glenn.
· Hispanic Heritage Scholarship Fund of Metro Orlando will receive
$5,500 to support its program which has awarded hundreds of postsecondary
scholarships to outstanding academic achievers of Hispanic descent. Such
scholarships help relieve the financial burden carried by the recipients,
allowing them to better focus on their studies and their families.
“Thanks
to the generosity of organizations such as the
FAIRWINDS Foundation, we are able
to impact students’ lives in a very significant way,” said Lizette Valarino,
Hispanic Heritage Scholarship Fund of Metro Orlando board member.
To
further grow the scope and influence of the Foundation,
FAIRWINDS is now
accepting donations directly to the Foundation itself.
FAIRWINDS hopes to
continue to inspire generous living that can make an extraordinary difference in
transforming the lives of others in the Central Florida community.
About FAIRWINDS Foundation
The FAIRWINDS Foundation, a nonprofit 501(c)(3) organization, is dedicated to helping individuals achieve a path toward financial responsibility, security and freedom, and inspiring them to transform the lives of others by living generously.
Through education, financial contribution and volunteerism, the Foundation works with and supports organizations that align with its passion of improving lives through financial literacy.
For more information, visit www.fairwinds.org/foundation.
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FAIRWINDS Credit Union, led by President and CEO Larry Tobin, is headquartered in Orlando and is consistently ranked as one of the best financial institutions and employers in the region. Founded in 1949, the company has 619 employees. At FAIRWINDS, we want our members to achieve financial freedom. To do this we encourage our members to save more, eliminate debt, build wealth, and live generously, supporting them every step along the way. FAIRWINDS empowers members to pursue and achieve their personal and business goals by offering products and services that promote healthy spending and saving habits.