Smart Investing @ Your Library

In the course of perusing my social feeds on a day off (today), I ran across a link to an NPR story titled: “What’s New At The Library? Financial Advice“.  Having somehow missed any info on this program, most likely due to my use of the “Mark all read” feature in Bloglines after Midwinter, I asked the Council list and got loads of information.

In case you, like me, managed to miss mention of this program; here are some details and some links to more information.

ALA has partnered with the Financial Industry Regulatory Authority‘s (FINRA) Investor Education Foundation to produce “Smart Investing @ your library®“.  The FINRA Investor Education Foundation (IEF) provides grants to “public libraries and library networks across the country, giving millions of library patrons and their families greater access to unbiased investing information and resources”.

Smart Investing @ your library®” is jointly administered by FINRA IEF and Reference and User Services Association (RUSA).

In 2008, 13 grants, totaling more than $853,000 were awarded to some great sounding programs in Illinois, Iowa, Wisconsin, Wyoming, Massachusetts, Florida, California, Minnesota, Washington, Kansas, and Ohio.  

In 2009, 12 grants totaling almost $882,000 were awarded to more great sounding programs in Georgia, Virginia, North Carolina, Wisconsin, Arizona, Colorado, Oklahoma, and California.

Grant recipients will use the funds to implement a variety of programs and create resources designed to increase patrons’ access to and understanding of financial information. The programs target a diverse group of patrons—among them youth, adults, seniors, families, immigrants and low-income individuals.  The libraries will use a variety of technologies and outreach strategies, including traditional classroom formats and one-on-one education. The grantees will partner with community organizations including schools, universities, community centers and local governments to expand the impact of the services and resources enabled by the grants. Library patrons will be empowered to make smart financial decisions for both long-term investing and day-to-day money matters.

Program details for Smart Investing @ your library®

This sounds like a timely initiative, I’m glad someone in my Association made this happen & wish I’d heard of it sooner (so I could brag on their efforts sooner).  Yet another reason I didn’t know to explain why I am a proud ALA member.

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