Hermanowski Family Foundation Initial Request Form<\/p>\n
Organization Name: Destiny Bound
\nLegal Name (if Different): Destiny Bound Inc
\nAlso Known As:
\nMailing Address: 85-48 253rd Street
\nCity: Bellerose
\nState: NY
\nPostal Code: 11426
\nMain Phone: 6462679393
\nMain Fax:
\nOrganization Website: https:\/\/destinyboundny.wixsite.com\/website
\nEmployer ID Number: 84-3178846
\nOrganization Tax Status: 501C3<\/p>\n
Proposal Information<\/p>\n
Today’s Date: 02-04-2024
\nRequested Amount: 10,000<\/p>\n
Project Title: I Am Financially Savvy Educational Mentoring program
\nProject Description:<\/p>\n
Destiny Bound is a non-profit organization committed to fostering positive change in the lives of young individuals, particularly those in marginalized communities. We believe that financial literacy is a cornerstone for future success, and our Bridging The Gap program aims to equip teens with the knowledge and skills necessary to navigate the complex world of personal finance.
\n\u00a0
\nBridging The Gap Financial Literacy Educational Mentoring Program is tailored to the unique needs and challenges faced by teenagers in marginalized communities. Our program will cover the following key areas:
\n\u00a0
\nSavings:
\nTeaching the importance of savings
\nIntroducing different savings strategies
\nProviding practical tips for building a savings habit
\nStudent Loans:
\nExplaining the types of student loans
\nHelping teens understand the implications of student loan debt
\nProviding guidance on responsible borrowing
\nInterest Rates:
\nDemystifying interest rates
\nExplaining how interest impacts loans and credit cards
\nDiscussing strategies for minimizing interest payments
\nCredit Cards:
\nEducating teens on the responsible use of credit cards
\nDiscussing the dangers of credit card debt
\nProviding tools for managing credit effectively
\nBudgeting:
\nTeaching the basics of budgeting
\nOffering practical budgeting exercises
\nEmpowering teens to create and stick to a budget
\nFunding Request:
\n\u00a0
\n\u00a0
\nBy supporting Destiny Bound’s Bridging The Gap program, you will contribute to the development of a generation of financially literate and responsible individuals. Our expected outcomes include:
\n\u00a0
\nIncreased awareness and understanding of financial concepts among participating teenagers.
\nImproved financial decision-making skills and habits.
\nA measurable decrease in risky financial behaviors, such as high levels of credit card debt.
\nConclusion:
\n\u00a0
\nDestiny Bound is dedicated to making a lasting impact on the lives of young individuals in marginalized communities. We believe that investing in financial literacy education is a key step towards breaking the cycle of poverty and empowering these teenagers to build a secure and prosperous future.\n<\/p>\n
Total Project Budget: 37,000.00<\/p>\n
Other Funding
\nSources For The Project (Committed & Potential): Long Island Community Foundation<\/p>\n
Project Duration: 2 years
\nGeographical Area Served: Wyandanch Long Island
\nAge Group To Be Served: 15-18<\/p>\n
Contact Information<\/p>\n
Contact Prefix (Mr,Mrs etc.): Ms
\nContact First Name: Janice
\nContact Last Name: Easter
\nContact Title: President
\nContact Phone: 6462679393
\nContact Email: Destinyboundny1@gmail.com<\/p>\n","protected":false},"excerpt":{"rendered":"
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