CISI Future Foundation update – June 2024

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The CISI Future Foundation launched our first round of grant application windows in 2023 and we received significant interest from a number of charities in the financial literacy education sector.

Following our criteria review and sifting process, several charities were interviewed and further scrutinised with various due diligence checks to ensure that they offered a legitimate service, were sustainable and would have enough engagement with the beneficiaries to improve their financial literacy knowledge and positively impact their daily lives.

As such, we successfully awarded seven UK grants in October 2023 and one international grant in January 2024:

 

Organisation Project Grant
Financial Times, Financial Literacy & Inclusion Campaign    Social Media and Video Officer role £50,450
MyBnk The Money House and Money Works £100,000
National Numeracy  The Parental Engagement Programme £105,000
Number Champions    Expansion of services £50,000
Open Palm WYZ Money course £40,000
The Money Charity   Young People Money Workshops £20,000
Young Enterprise      Centre of Excellence £100,000
International
Junior Achievement Ireland
Balancing Act €25,295

 

This funding will allow each of the recipients to undertake planned project work of varying type and scale, but with the common purpose of improving financial literacy in diverse communities which have, in various ways, found themselves challenged in acquiring these critical life skills.

The Foundation was established in April 2022 with the objective of promoting education for the public benefit by advancing knowledge and improving skills in financial capacities and capabilities. The Foundation was later awarded charitable status by the Charity Commission in December 2022

The Foundation will be inviting new applications for funding in September 2024 from other deserving UK based organisations whose objectives, ambition and purpose in the field of improving financial literacy match our own. Guidance for applicants and the criteria governing grant awards can be found on the Foundation’s website: www.cisifuturefoundation.org

 

 

Contact The CISI Future Foundation

Email: futurefoundation@cisi.org