Military veterans and their families face personal financial challenges every day. To address these challenges, Treasurer Deborah B. Goldberg and the Office of Economic Empowerment (OEE) established Operation Money Wise, a grant opportunity funded through the Division of Banks, for non-profit organizations, public agencies, and Massachusetts institutions of higher education to increase the scope of financial education for military personnel and their families.
The grantees utilize their knowledge and experience to design programs that have maximum impact on their local military communities. Programs vary from intensive one-day seminars to multiple sessions focused on different financial topics in partnership with various local colleges and financial institutions.
Applicants are encouraged to connect their proposed financial education initiative to an existing program with a proven track record of successfully engaging the Military, Veteran, Family, and Survivor Community (MVFSC).
Some examples of such proven programs include, but are not limited to:
- Gold Star Family programming
- National Guard Reintegration Yellow Ribbon Programs
- Volunteer Income Tax Assistance (VITA) programs
Programs for helping veterans and their families can include:
- Money management
- Planning for college
- Saving for retirement among other benefits.
Grants will be awarded to applicants who can demonstrate that their services are:
Applicants may request up to $5,000 for the proposed project.
The application period for Operation Money Wise is now open.