Hermanowski Family Foundation Initial Request Form

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Organization Name: NEW CHOICES NEW MINDS, INC (NCNM)
Legal Name (if Different): N/A
Also Known As: N/A
Mailing Address: 8 LEAHS TRCE
City: HAMPTON
State: Virginia
Postal Code: 23666
Main Phone: 7577253131
Main Fax: n/a
Organization Website: https://www.newchoices-newminds.org
Employer ID Number: 83-4639936
Organization Tax Status: 501(c)(3)

Proposal Information

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Today’s Date: 2/29/2024
Requested Amount: 10,000

Project Title: Building A Smart Cent for A Strong Financial Foundation for Young Adults
Project Description:

New Choices New Minds, Inc. believes financial literacy is not solely a practical skill but a transformative tool for personal growth and social change. By providing the resources and guidance required to manage young adults’ finances wisely, we hope to inspire them to make positive choices for themselves and their communities.
After conducting a needs assessment in the Hampton Roads, Virginia, area, we have tailored our program to our target population’s needs for ages 16-21. Moreover, we have formed partnerships with local schools, community organizations, and financial institutions to ensure our initiative’s effective implementation and long-term sustainability. This project aims to help young adults at risk of dropping out of school, becoming homeless, or engaging in criminal activities by offering a comprehensive financial education program that covers budgeting, saving, investing, credit, debt, and entrepreneurship. The program includes mentoring, coaching, and counseling services to help overcome personal and social barriers to achieve academic and career goals.
Considering our vision of fostering a more equitable and prosperous society through innovative and impactful initiatives, we believe our project aligns well with your mission. We seek your support through a grant amounting to $10,000 for developing and implementing our program over one year. With this funding, we will be able to serve 100 young adults, providing them with quality financial education and support services.
We have prepared a detailed budget and work plan to share with you upon request. Also, we would like to have the opportunity to discuss our proposal in more detail to provide further insights into our project.
With your foundation’s support, we can make a significant difference in the lives of at-risk young adults and contribute to building a better future. We look forward to the possibility of partnering with your foundation.

Total Project Budget: $10,000

Other Funding
Sources For The Project (Committed & Potential): The Heart of Giving Nonprofit, Whole Foods,Urban Awareness, Chick-fil-A, AARP, Lidl, Bayport Credit Union, and other philanthropic partners,

Project Duration: 12 months
Geographical Area Served: Hampton Roads, Virginia
Age Group To Be Served: 16-21

Contact Information

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Contact Prefix (Mr,Mrs etc.): Dr.
Contact First Name: Brenda
Contact Last Name: Smith
Contact Title: CEO/Founder
Contact Phone: 7577253131
Contact Email: newchoice.newmind@gmail.com