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Students Recieve A Gift From Money Management

HOUSTON (October 08, 2002) - The Money Management International Financial Education Foundation (the Foundation) announced today that it has funded a grant through the Fort Bend Education Foundation's "Angel Gift" program. This grant will provide students in the third grade bi-lingual class at Rita Drabek Elementary School with the math manipulatives they need to learn the basics of money management.

The Angel Gift program received a request from a teacher at Drabek Elementary to provide essential math supplies for her class. These math tools will teach the value of money to recent immigrant students through hands on learning techniques. With the class size more than doubling over last year, resources were limited and there were not enough materials available for all of the children in the grade level. Through the Angel Gift program, the Foundation adopted this grant and provided funding. "Money Management International believes in community outreach and teaching students the basics of money management," stated Ivan Hand, President and CEO.

In addition to money management skills, the class will use their fun money as an incentive. They will learn to save money that they accumulate as a reward for their behavior and projects and at the end of the year; they will trade their savings for gifts or school supplies. In seeking grants for adoption, Ivan Hand asked the FBISD specifically for grants that incorporate to banking and/or money management.

“ Contributions to the Angel Gift program support the teachers of FBISD by supplying resources that enhance the students’ learning experience,” stated Ms. Brenna Smelley, Executive Director of Fort Bend ISD Education Foundation. “We thank Money Management International, for their generosity and continued support of the Angel Gift program”.

The Foundation operates to educate the general public on sound personal financial skills and money management principles by developing, delivering, and supporting programs that teach those skills and principles. "We feel that the this grant fits the Foundation’s mission by teaching students proper money management," added Hand. "Learning how to save money in an effort to buy a reward is a lesson that a lot of these students haven’t learned; but will through this innovative program."
 
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