Lake Trust Foundation Donates $7.5K to Support Youth Financial Literacy in Detroit
The Lake Trust Foundation has announced its partnership with Money Matters for Youth (Money Matters), a non-profit organization that provides financial literacy education to Detroit children ages 8-18. Lake Trust Foundation will donate $7,500 to Money Matters, which will help fund an immersive Washington, D.C. trip for youth to advocate for financial literacy programs.
“At Lake Trust, we are committed to cultivating a community where everyone can thrive and assisting members in navigating the financial world is a vital part in making this possible,” said David Snodgrass, President/CEO of Lake Trust and President of the Lake Trust Foundation. “Money Matters, which helps underserved youth including children in the foster care system, has made tremendous strides over the years, sharing financial wisdom with local youth through field trips, day camps, and hands-on learning – like the upcoming trip to Washington D.C. When we learned a financial shortfall put the educational trip in jeopardy, the Lake Trust Foundation saw an opportunity to help. We look forward to working closely with the organization to continue advancing their efforts to bolster financial literacy education for youth in our community.”
“For nearly 30 years, I’ve leveraged my expertise in financial literacy as a tool to reach our young people. Throughout this journey, I’ve taught today’s youth how to value themselves as they learn about the important role they play in their financial success,” said Gail Perry-Mason, founder of Money Matters. “I am grateful to have the Lake Trust Foundation’s support in continuing our work and empowering the next generation to build their financial skills. Their commitment to our program will have a long-lasting impact on our young investors by providing them the necessary tools and education to help them achieve financial wellbeing and independence.”
Lake Trust Foundation’s $7,500 is a matching donation that will be coupled with $2,203 of funds raised by Money Matters’ program participants, called “young investors,” via their Pull Up for Change event held on June 1.
With a focus on enabling youth to thrive and fostering economic equity as key areas of impact for the Lake Trust Foundation, Money Matters’ mission closely aligns with Foundation goals.
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