Coalition Receives $7,500 Grant for Financial Education

Date: 
November 30, 2011

Philadelphia, November 30, 2011 - The Urban Affairs Coalition (UAC) has received a $7,500 grant from the TD Charitable Foundation to assist in financial education. The grant is part of the bank's commitment to giving back to the community.

The grant will support the Coalition's Community and Economic Development Department's efforts to provide financial education to primarily low- and moderate-income people in Philadelphia through workshops and Financial Advancement Network (FAN) Clubs.

"We are excited that TD Charitable Foundation supports our efforts to help individuals become financially stable," says Sharmain Matlock-Turner, President and CEO of UAC. "Helping families and individuals obtain the skills needed to budget, save and manage their personal finances leads to building stronger and more viable communities."

UAC is a nonprofit of more than 75 organizations working to unite government, business, community and individual initiatives to improve the quality of life in the region, build wealth in urban communities and solve emerging issues.

FAN Clubs are groups of 5-20 people who commit to meet on a regular basis to improve their money management habits, take control of their financial matters and achieve their financial goals. Each FAN Club consists of six sessions, conducted by an expert on topics such as saving for tuition, paying down debts, improving your credit score or implementing a balanced budget.  For more information on FAN Clubs, call 215-851-1740.

TD Charitable Foundation is the charitable giving arm of TD Bank N.A. It provides financial and other support to affordable housing initiatives, financial literacy and education and the environment, many of which focus on improving the welfare of children and families.