Client Spotlight: Idaho Financial Literacy Coalition – Empowering Communities with Financial Literacy

10/16/2024
by Laura Hull

At Premio Services Inc. (PSI), we’re proud to spotlight the impactful work of one of our clients, the Idaho Financial Literacy Coalition (IFLC). With a mission to provide quality financial education to individuals and families, IFLC is dedicated to equipping Idahoans with the knowledge and skills they need to make informed financial decisions. Partnering with IFLC has been a rewarding experience; they work tirelessly to create a brighter, financially literate future for communities across Idaho.

Amber Dolphin King, IFLC Executive Director, shares her positive experience working with PSI:

“We could not have accomplished all that we have without the expertise of Premio Services Inc. Laura’s deep understanding of the grant landscape and her personalized approach have been invaluable in helping us find and secure funding for our programs. Premio Services took the time to understand our unique needs, and their dedication has played a crucial role in our success.”

IFLC’s Vision: Building a Financially Literate Idaho

IFLC aims to foster financial literacy across the state and enable individuals and families to confidently manage their finances and plan for the future. Their programs are designed to be inclusive and accessible through three key focuses:

  1. Educating students in financial literacy by hosting the Idaho Piggy Bank Beauty Contest, celebrated annually and now in its 15th year. This engaging community event is celebrated with state representatives at the Capitol building in Boise.
  2. Educating teachers in financial literacy through scholarships to the annual Jump$tart conference, designed to equip educators with the resources and information needed to teach personal finance in schools. This service is of particular need in light of recent Idaho legislation mandating that every high school graduate complete a financial education course.
  3. Educating women in financial literacy via participation in the free Savvy Women and Money conference, hosted annually by the Idaho Department of Finance. As a 90% women-led organization, IFLC recognizes the key role women play in driving the economy and improving communities and thus necessity of financial literacy for women.

Learn more about IFLC here: https://idahoflc.org/

Grant Readiness and Research: The Foundation for Funding Success

For organizations like IFLC, securing funding is essential to achieving long-term goals. PSI provides comprehensive grant readiness and research services that lay the foundation for funding success. Our team conducts a thorough assessment of each client’s strengths, challenges, and funding needs, ensuring they are well-prepared to pursue the grants that align with their mission. By identifying potential funding opportunities that align with IFLC’s vision, we help ensure that the organization is equipped to build strong, competitive grant proposals.

Hiring a grants consultant offers numerous benefits that can be a game-changer for organizations. Some of these include:

  1. Expertise and Insight
    We bring in-depth knowledge of the grant process, funding trends, and the nonprofit landscape.
  2. Time Efficiency
    By managing the research, writing, and submission process, we save nonprofits valuable time, allowing them to focus on their mission.
  3. Increased Funding
    Our proven strategies and experience maximize the chances of securing funding, helping organizations like IFLC not just to survive, but thrive.
  4. Strategic Approach
    We work closely with our clients to develop clear strategies for grant funding, ensuring alignment with their goals and objectives.
  5. Tailored Solutions
    Our personalized services are designed to meet each organization’s unique needs.

At Premio Services, we believe in the transformative power of financial literacy and we are honored to support IFLC in achieving their mission. Together, we’re helping to build stronger communities by ensuring citizens from all walks of life have the tools they need to make informed financial choices. Interested in learning more about how we can support YOUR organization’s journey to financial success? Book a Discovery Sales call today!