John Calipari Partners with Kentucky Banks to Teach Financial Literacy

A statewide financial literacy initiative was announced on Friday.  The initiative, sponsored by a partnership of the Calipari Family Foundation, Kentucky banks, and EverFi, a Washington D.C.-based company, is aimed at bringing "financial literacy education to children across the state of Kentucky" beginning this academic year.

John Calipari had this to say about his latest philanthropic effort:

 "This has been a vision that my wife Ellen and I have held for several years, and we are excited to be launching a program that will focus on teaching young children the value of saving.  I applaud the local banks here in Kentucky who have made this possible and encourage others to join me in this endeavor.  Together, we are empowering children to cultivate good financial habits that will stay with them throughout their lives.

The EverFi 2.5-hour curriculum, named Vault: Understanding Money, is designed for students in the 4th through 6th grades and aligns with both sate and national standards.  According to this Jerry Tipton article in the Herald-Leader, this type of program is usually designed for high school students, but Calipari stated that he wanted to target a younger, elementary age student because "They'll say I'm doing it for recruiting," if he targeted high schools.  (Never, has a more true statement been made).

EverFi CEO Tom Davidson said:

"Through the amazing support of the Calipari Foundation and numerous Kentucky bands, EverFi will work with the Kentucky Department of Education to ensure the elementary schools across the state have access to our cutting-edge financial technology program."

The cost of the program is between $4,000-$5,000 per school.  The Calipari Family Foundation and Kentucky banks will foot the bill.

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join A Sea Of Blue

You must be a member of A Sea Of Blue to participate.

We have our own Community Guidelines at A Sea Of Blue. You should read them.

Join A Sea Of Blue

You must be a member of A Sea Of Blue to participate.

We have our own Community Guidelines at A Sea Of Blue. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9347_tracker