Financial Literacy Program
  • Financial Literacy Program – The Thanks Be To God Foundation (TBTG), working in conjunction with The Fellowship of Christian Athletes (FCA), announces its support for a financial literacy program for high school students. The objective of the program is to promote financial literacy for students by initially providing education on the basics of budgeting and money management. The second objective is to provide a real life experience centered on exposing students to investing in the stock market.

    As the completion of the literacy program the students will be invited to form, or to join, an investment team. The team will provide recommendations and actually manage a portfolio funded by an anonymous supporter of the TBTG Foundation in the amount of $10,000. The students research various markets, industry sectors, and individual stocks and then make recommendations to purchase or sale portions of the portfolio. As the end of each school year the portfolio will be valued and 100% of any gain in the portfolio will be directed by the students to support organizations such as FCA or other programs at their schools or in their communities.

    It is our hope that this type of experience will broaden the student’s exposure to potentials careers in financial services and/or at a minimum help the students to understand the importance of budgeting, saving, and investing at an earlier age. In addition, and as the result of the approach being utilized, the requirement to “give back” the increase supports the basic theme of The Thanks Be To God Foundation -- the requirement to share one’s blessings with others.

    It is the hope of the TBTG Foundation that other supporters will make available a portion of their personal portfolios to provide students in a number of schools with a similar experience. Imagine, as the result of scaling this initiative, that students in middle and high schools are managing portfolios and making financial recommendations based on research while at the same time re-enforcing the importance of giving back.