Family Futures

“Expenses office 3,918 information technology 1,331 insurance 2,697 scholarships 36,490 financial education 49,103 bank fees 35 marketing 258 total 93,832”

“UNREALIZED GAIN 2,089”

“Pledges receivable 0 19,000 total 0 19,000”

“Student account liabilities 104,437 146,834”

“To provide financial education, access and tools to residents of rappahannock county.”

“The my future program (developed and delivered in collaboration with rappahannock county public schools) nurtures a strong mathematical and financial foundation in younger grades by scaffolding towards mastery of high-level economics and personal finance competencies that exceed the basic requirements of virginia's standards of learning as they relate to financial literacy. In 2024, the program was delivered to all enrolled kindergarten through 4th grade students. With each successive school year, a new kindergarten cohort is added as are any newly enrolled grade level students up to the grades served in that year. This year, we further expanded the financial literacy learning targets and refined lesson plans for our program. Further, delivery of the program was transferred from grade-level classrooms to the steam (science, technology, engineering, arts and mathematics) lab, which employs the skills of a specially trained and credentialed teacher to involve students in engaging, hands-on, experiential learning methods. Family futures provides custodial savings accounts to all students participating in the program. Currently, new accounts are seeded with an initial deposit of 100 and students can earn up to 100 in enhancement each year for participation and accomplishments within the program. By december of 2024, there were 429 custodial student savings accounts. Collective deposits and earned interest totaled 146,834. Students receive quarterly bank statements, and the accounts are a valuable tool in the overall financial literacy instruction.”