introduction presentation

Introduction May, 2010

ALLIANCE for

STEWARDSHIPKNOWLEDGE©

Previously known as Wise Steward Ministries an independent 501c3 organization.

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WSM has become highly regarded by the grassroots community as a leader in the delivery of financial literacy programs to low and moderate-income youth.

Mission

To provide high-quality financial literacy programs, events and activities to low and moderate income youth in underserved communities of Southeastern, Michigan

Purpose

To improve the financial literacy of low and moderate income youth and adults in Southeastern Michigan.

Strategy

To collaborate with schools, churches and community organizations to reach the target audience. Program delivery at targeted sites encourages continued collaboration with participating entities.

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Organization History

WSM was founded in 1999 by Robert L. Walker

In March 2000, a pilot financial literacy program entitled Youth Economic Program was implemented at Webber Middle School

In June 2000, WSM received its official 501c3 status from the IRS

In June 2000, grants from the Black United Fund and New Detroit, Inc. were awarded to conduct YEP at Webber Middle School as an after school activity.

In September 2000, new collaborations were formed with the Teen Age Parent Program, Monnier Elementary, Exam Experts and other organizations to conduct YEP

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In June 2001, WSM received grants from New Detroit, Youth Sports and Recreation Commission (YSRC), Black United Fund, Community Foundation for Southeastern MI to conduct YEP at three Detroit schools and two youth serving agencies. These programs continued throughout 2002.

In October 2003, WSM published the first issue of the YEP Newsletter – “Young Investor Times”. A total of 2000 newsletters were circulated in the City of Detroit and surrounding areas. Today 20,000 newsletters are circulated every quarter throughout Michigan, California, New York, Tennessee, Missouri and Texas.

In August 2004, WSM held its first Families & Finance… A Legacy of Hope workshop for youth and their parents or guardians.


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In November 2004, WSM held the first “Youth, Money & Wall Street” conference to kick-off a new initiative – Young Investor Learning Teams. Over 200 people attended.

In January 2005, seven learning teams at various volunteer sites began to meet once a month with parents participating as observers. Each team had 10-15 youth participants.

In January 2005, WSM held its first volunteer meeting. Twenty-five parents became volunteers to assist with programs, workshops and conferences. The number of volunteers grew to 44 by year end.

In May 2005, 30% of learning team members made their first stock investment – “Powerful Outcome!!”

In November 2005, WSM held the 2nd Annual “Youth, Money & Wall Street “ conference with over 300 people in attendance. DTE Energy and Borders Group executives made investor relations presentations. The conference was funded in part by BestBank who was on hand to set-up low cost bank accounts for youth.


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In January 2006, WSM increased it learning teams from 7 to 15. The fifteen learning teams met once a month with parents participating as observers. Each team had 15- 20 youth participants.

In February 2006, WSM volunteer base grew to 50. These volunteers assisted with programs, workshop, tours, and conferences.

In April 2006, WSM held its 3rd Annual “Families and Finance…A Legacy of Hope workshop. The workshop was held at WCCCD with over 150 people in attendance.

In May 2006, 40% of learning team members made or continue to make stock investment – “Powerful Outcome!!”

In August 2006, WSM held the 3rd Annual “Youth, Money & Wall Street” conference with over 300 people in attendance. The conference was funded in part by National Council of Economic Education (NCEE) and Wayne County Department of Children & Family Services.


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In July 2007, WSM took 50 young investors and 51 adults on a tour of New York City’s financial district. Our trip included a view of the New York Stock Exchange (NYSE), the Federal Reserve Bank of New York, the World Trade Center and a tour of Bloomberg L. P.

In November 2007, WSM held the 4th Annual “Youth, Money & Wall Street” conference with over 300 people in attendance. The conference was funded in part by the Neighborhood Opportunity Fund/CDBG, The Comerica Charitable Foundation, Chase Bank, MGM Grand Detroit, and BestBank


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Partnership Opportunities

In partnership with a collaborating organization, Wise Steward Ministries may conduct any combination of three educational programs:

Youth Economic Program(YEP)

Young Investor Learning Teams

Youth, Money & Wall Street Conference

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Youth Economic Program (YEP)

A financial literacy program for youth ages 9-17 with special emphasis on investment education

YEP is designed to provide education, prevention and intervention services to youth to shift their decision making outlook from the short term to the long term with regard to financial matters

YEP teaches youth to make choices that preserve their dreams and goals and helps them avoid behaviors that put them at risk of generational and situational poverty

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YEP’s Curriculum has 4 Key Areas of Focus:

1. Money Basics

2. Financial Planning

3. Financial Markets

4. Investment Fundamentals

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YEP Learning Outcomes

Improved financial literacy as measured by pre and post test

Improved saving habits as measured by post program satisfaction surveys

Improved investing habits as measured by post program satisfaction surveys

Increased dialogue with parents/guardians regarding financial matters as measured by post program parent survey

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Open only to youth from a collaborating school, church, or organization

Target market: low-income youth, ages 9 to 17

Expected attendance: 15-20 youth

Implementation: 1 hour, once a week for 8 weeks

Tables/Chairs: 15-20 chairs, classroom style tables

Equipment needed: podium, easel, chalk board/flip chart

No refreshments served

YEP Program Logistics

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An investment education activity that groups 20-30 youth into learning teams. This is a community-wide project. Each learning team participates in the following activities:

YEP Classes

Stock Market Challenges

Corporate Tours

Advanced Stock Analysis

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Team members are encouraged to make their first stock purchases through Direct Purchase Plans

Parents/guardians are encouraged to invest alongside their children

Team members are encouraged to open personal bank accounts at the bank of their choice

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Young Investor Learning Team Outcomes

Improved investor literacy as measured by pre and post tests

Increased banking as measured by post program satisfaction surveys

Increased investing as measured by post program satisfaction surveys

Increased positive dialogue with parents/guardians regarding financial matters as measured by post program parent survey

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Other Learning Outcomes

Both YEP and the Young Investor Learning Teams have the following additional outcomes:

Improved critical

thinking skills

Improved math skills

Increased teamwork

Improved financial literacy

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Open to the entire Lansing community

Target market: low to moderate-income youth, ages 9 to 17 Expected attendance: 20-30 youth/10 parents or guardians

Parents/guardians encouraged to participate as observers

Implementation: 1 to 1 ½ hours, once a month for 12 months

Tables/Chairs: 20-40 chairs, classroom style tables

Equipment needed: podium, easel, chalk board/flip chart

Light refreshments served

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“Youth, Money & Wall Street”

An annual investor literacy conference for youth and their parents/guardians

Youth, Money & Wall Street is designed to motivate young people to become stock owners. It is also used to recruit new youth for Young Investor Learning Teams.

Publicly traded companies are invited to make investor relations presentations to conference attendees

Keynote speakers stress the importance of preparing for the future. Excessive consumerism is discouraged.

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“Youth, Money & Wall Street”

Open to the entire Lansing community

Expected attendance: 400 (youth and adults combined)

Admission: $10 per person (major funding provided by corporate donors)

Target audience: low to moderate-income youth, ages 9 to 17 and their parents/guardians

Implementation: 3 to 5 hours in the month of November

Tables/Chairs: Round tables/seating 8 per table

Equipment needed: podium, LCD panel with screen, hand-held microphones

Continental breakfast or lunch served

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Contact Information

Robert L. WalkerFounder & Executive Director35010 Drakeshire #201Farmington, MI 48335(313) 784-4998 Cell [email protected]

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