Hermanowski Family Foundation Initial Request Form<\/p>\n
Organization Name: The Millionaire In Training Project
\nLegal Name (if Different):
\nAlso Known As: The M.I.T Project
\nMailing Address: 227 corliss Avenue
\nCity: San Antonio
\nState: Texas
\nPostal Code: 78220
\nMain Phone: (210)430-9639
\nMain Fax:
\nOrganization Website:
\nEmployer ID Number: 33-4243601
\nOrganization Tax Status: 501c3 Tax Exempt <\/p>\n
Proposal Information<\/p>\n
Today’s Date: 02\/21\/2026
\nRequested Amount: 10,000<\/p>\n
Project Title: The M.I.T Scholar Initiative
\nProject Description:<\/p>\n
The Millionaire in Training (M.I.T.) Scholar Initiative is a comprehensive youth economic empowerment initiative designed to equip children and young adults (ages 14\u201321) with the tools necessary to build sustainable wealth, leadership capacity, and long-term stability. Grounded in a legacy-centered framework, the program integrates financial literacy, entrepreneurial development, and character formation to address the systemic barriers that limit economic mobility for underserved youth.<\/p>\n
The M.I.T. Scholar Initiative is built upon five core pillars: Financial Intelligence & Infrastructure, Entrepreneurial Identity, Asset Acquisition, Generational wealth and Multiplication & Legacy. Through a structured cohort model, participants move through progressive stages that cultivate purpose-driven vision, disciplined financial habits, and practical wealth-building strategies. Scholars engage in zero-based budgeting exercises, credit readiness planning, business formation simulations, and introductory asset-based investment education. Each participant develops a personalized financial roadmap and a three-year growth vision aligned with both personal goals and community impact.<\/p>\n
The curriculum emphasizes applied learning rather than theory alone. Scholars complete real-world activities such as creating business budgets, analyzing asset leverage scenarios, and drafting scale plans that demonstrate their understanding of compounding growth and responsible stewardship. Mentorship and accountability are embedded throughout the program to reinforce behavioral change and measurable progress.
\nServing youth who often lack access to generational wealth-building knowledge, the M.I.T. Scholar Program provides both financial capability and leadership development. Pre- and post-assessments measure gains in financial knowledge, confidence, and decision-making skills. With grant support, the program will expand access to high-quality instructional materials, facilitator stipends, and milestone-based participation incentives.<\/p>\n
The M.I.T. Scholar Initiative prepares young people not merely to earn income, but to build assets, multiply opportunities, and establish generational legacy.<\/p>\n
Total Project Budget: $75,000<\/p>\n
Other Funding
\nSources For The Project (Committed & Potential): Committed funding includes individual donors, board contributions, and program revenue. Potential support includes private foundations, corporate sponsors, community fundraising initiatives, and in-kind contributions such as volunteer mentorship and facility space.<\/p>\n
Project Duration: 12-month program cycle with ongoing mentorship, evaluation, and a culminating youth leadership and wealth-building retreat.
\nGeographical Area Served: San Antonio and Bexar County, Texas
\nAge Group To Be Served: 14-21<\/p>\n
Contact Information<\/p>\n
Contact Prefix (Mr,Mrs etc.): Mr
\nContact First Name: Davonta
\nContact Last Name: Hughes
\nContact Title: CEO\/President
\nContact Phone: (210)430-9639
\nContact Email: dhughes@themitproject.com<\/p>\n","protected":false},"excerpt":{"rendered":"
Hermanowski Family Foundation Initial Request Form Organization Name: The Millionaire In Training Project Legal Name (if Different): Also Known As: The M.I.T Project Mailing Address: 227 corliss Avenue City: San Antonio State: Texas Postal Code: 78220 Main Phone: (210)430-9639 Main Fax: Organization Website: Employer ID Number: 33-4243601 Organization Tax Status: 501c3 Tax Exempt Proposal Information […]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-9334","post","type-post","status-publish","format-standard","hentry","category-grants"],"_links":{"self":[{"href":"http:\/\/hermanowskifoundation.org\/members\/index.php?rest_route=\/wp\/v2\/posts\/9334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/hermanowskifoundation.org\/members\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/hermanowskifoundation.org\/members\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/hermanowskifoundation.org\/members\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"http:\/\/hermanowskifoundation.org\/members\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9334"}],"version-history":[{"count":1,"href":"http:\/\/hermanowskifoundation.org\/members\/index.php?rest_route=\/wp\/v2\/posts\/9334\/revisions"}],"predecessor-version":[{"id":9335,"href":"http:\/\/hermanowskifoundation.org\/members\/index.php?rest_route=\/wp\/v2\/posts\/9334\/revisions\/9335"}],"wp:attachment":[{"href":"http:\/\/hermanowskifoundation.org\/members\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/hermanowskifoundation.org\/members\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9334"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/hermanowskifoundation.org\/members\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}