SavingsFund Financial Education Fundraiser

The National Financial Educators Council (NFEC) supports the objectives of schools and nonprofit organizations as they empower youth with practical financial education lessons.

The benefits of teaching money management lessons extend beyond helping our youth. Financial literacy programming can help organizations raise funds, garner media coverage and build volunteer support.

The NFEC created SavingsFund to help schools and nonprofit organizations raise funds and generate buzz while providing youth a practical financial education.

 

What is SavingsFund

SavingsFund is a crowdfunding platform that helps families secure their children’s future and provides organizations a turnkey fundraising tool.

SavingsFund is a secure way for families to receive money for a child’s birthday, holidays, and accomplishments. They are able to use these funds for college, home ownership, or long-term investments. The convenient online platform makes it easy for friends and family members to give money to the children you serve.

SavingsFund also provides nonprofit organizations and schools a turnkey fundraising and awareness system.  It requires minimal personnel needs and all the material is included. Simply leverage the marketing pieces, pre-written emails and promotional material to encourage children to receive long-term savings gifts for presents. Organizations receive a percentage of every gift given.

SavingsFund focuses on 3 key areas: Education, Awareness & Sustainability.  These objectives ensure your organization and the youth benefit from the initiative.

 

Why

Most families are concerned with the rising cost of college and other future financial needs; yet they don‘t have a savings plan in place for their kids. SavingsFund makes it easy to help children start saving money while they acquire important money management knowledge. Gift givers feel good knowing their financial presents will offer long-term benefits.

SavingsFund was developed by the National Financial Educators Council (NFEC) based on feedback from parents, financial professionals, and personal finance experts. The platform offers a convenient way for families to help secure their children‘s futures – thus helping them avoid the worry and stress of people associate with:

  • College – The US Department of Education estimates that in 18 years public school tuition will run $200,000+ (4 years); private school tuition will cost $400,000+.
  • Financial Security – Considering inflation and reductions in pension plans, kids today will likely need to have more than $2 million invested to make ends meet at retirement age.
  • Homeownership – The American Dream of homeownership is within reach for those who start saving when they’re young.

Experts recommend starting a consistent savings plan, having a long-term investment strategy, and gaining a financial education.  SavingsFund can help.

 

Education

In addition to being a fundraiser, SavingsFund helps kids start saving early.  It also provides a comprehensive financial education that teaches vital money management lessons.

Everyone who registers is provided a timely financial education.  As families reach their personal savings goals, they receive personal finance lessons that will help them better manage their money.

The financial education material provided through SavingsFund was designed by a team of educators, personal finance experts, and financial professionals. The resulting content meets educational standards while offering practical tools to help people prepare for the financial real world.

SavingsFund also teaches importance of giving back. For every dollar raised your organization receives a donation.  This teaches the youth the importance of supporting community organizations.

 

Awareness

SavingsFund provides the resources, marketing material and promotions to help organizations easily share the message with those they serve.  Generating awareness helps groups connect with potential funding opportunities, garner media coverage, build community relationships, and attract volunteer support. The awareness material includes:

  • Communication Tools.  Receive pre-written emails and letters that positing your organization as an advocate brining a needed resource to the community.
  • Marketing Material. The NFEC provides promotional tools to help you conduct effective outreach campaigns.  This includes fliers, brochures and electronic messages.
  • Media Package. Receive a comprehensive media package to help raise awareness on campus and within your community.  This includes pre-written press releases and media support.
  • Promotional Campaigns. The NFEC has a series of promotions planned throughout the year that move you beyond event marketing and help propel your campaign forward.
  • Viral Campaigns.  Viral tools help to promote your organization organically.  They allow your organization to increase the reach and frequency of your message while offering a unique service that benefits the community.  Plus, any person that hears about SavingFund through your viral campaign and signs their child up – you get a percentage of all their gifts as well.

The material and program is provided complimentary to schools and nonprofit organizations with sponsor support.

 

Sustainability (Funding)

Financial support can help expand the reach and impact of an organizations financial education initiative. For those seeking funding, SavingsFund offers benefits that are attractive for companies and foundations seeking to connect with our youth.

 

Funding Sources

1)   Gift Override.   Schools and nonprofit organizations can receive an override on all gifts given to the youth in the program.  Your organization can choose to receive up to 20% from each gift made.   This teaches the participants the value of giving back as they build their net worth and financial knowledge.

2) Targeted Fundraiser for Individual(s).  Are you looking to support one or a few individuals as you raise funds for your organization?  In a few minutes you can set up a secure SavingsFund profile and start promoting those youth that highlight your organization best.

3) Sponsorships. Financial companies have a vested interest in supporting such campaigns, and you will receive the outreach tools to effectively garner their financial backing. Simply contact them using the sponsorship form and emails provided to your organization. The NFEC handles the remaining details for you.

Did You Know?

It costs banks & credit unions between $200 and $400 in traditional marketing to attract 1 client.  Focusing on the sponsors ROI is a great way to ensure future support.

4) Grants. Organizations that fund financial literacy initiatives look for programs that are successful in improving the financial capabilities of the targeted audience. The NFEC provides testing and longer-term measurements that deliver empirical data. This may help your organizations raise funds through various grants and funding options.

*Please note that the NFEC does not accept sponsorships or grants from credit card companies, high-rate lenders, the federal reserve or any organizations that does not have the best interest of students in mind. Sponsors must provide a positive benefit for students and be pre-approved.

Contact Us

The NFEC’s SavingsFund fundraiser is an attractive organizations seeking funding and sponsors alike.  Schools and nonprofit organization pay nothing to get started and receive funds when a sponsor is located.  Contact us to schedule your consultation.