GRANTS PROPOSAL 1 GRANTS PROPOSAL 2 Brianna Ahmad April 27, 2019 South University Need Statement Our program is purposing to address the financial literacy problem that many of the people do experience in the United States. From the research that was carried on the financial literacy on the 15-year olds by the USA Today revealed the United States fell in at Number 9, 8 points behind the overall average of young adults who grasped the concept of finance. Basic financial literacy skills questions were asked during the study such as the purpose of the invoice, how to prepare a balance sheet. Then complex questions were asked such comparing and choosing the better of two loan proposals (Krasselt, 2014). There is a need for information on basic bank account balancing, the importance of understanding credit, and multiple in-depth informative sessions on budgeting and staying out of debt. For the students in South Carolina, a school system does not require students to have financial literacy in order to graduate. In order to meet this need, the educators of Bigger Than the Standard Nonprofit, LLC organization would like to propose a grant program to expand the financial knowledge of young adults around South Carolina. Bigger Than the Standard, SC is a 501(c) (3) non-profit organization. Our purpose is to equip young adults by expanding their minds to information that the school doesn’t require as a part of the standard to graduate but is included in the standard of life. We are looking forward to partner with school districts, athletic departments, and communities across South Carolina to provide mentoring to students between the ages of 13-18 every other Saturday throughout the entire year. We will work to provide the students with the life skill development of being able to budget and maintain their finances in order to decrease the number of young adults in debt. In order to ensure that we fully address the identified need of the financial literacy with targeting students between the ages of 13-18 years, we will offer a free Financial Knowledge Camp to serve the students of the community. Beyond contributing to the development of the financial literacy the camp is designed for the students to come together and learn and build a relationship with other members of the community, ultimately building a stronger bond and a safety net for students (Fritz, 2018). Goal Statement and Objectives Our goal statement is to provide students between the ages of 13-18 with life skill development of being able to budget and maintain their finances in order to decrease the number of young adults in debt. We have two main objectives that we would like to achieve through the program. First, ensure that students leaving the high school of the age 13-18 yea ...

1. GRANTS PROPOSAL
1
GRANTS PROPOSAL
2
Brianna Ahmad
April 27, 2019
South University
Need Statement
Our program is purposing to address the financial literacy
problem that many of the people do experience in the United
States. From the research that was carried on the financial
literacy on the 15-year olds by the USA Today revealed the
United States fell in at Number 9, 8 points behind the overall
average of young adults who grasped the concept of finance.
Basic financial literacy skills questions were asked during the
study such as the purpose of the invoice, how to prepare a
balance sheet. Then complex questions were asked such

2. comparing and choosing the better of two loan proposals
(Krasselt, 2014). There is a need for information on basic bank
account balancing, the importance of understanding credit, and
multiple in-depth informative sessions on budgeting and staying
out of debt. For the students in South Carolina, a school system
does not require students to have financial literacy in order to
graduate. In order to meet this need, the educators of Bigger
Than the Standard Nonprofit, LLC organization would like to
propose a grant program to expand the financial knowledge of
young adults around South Carolina.
Bigger Than the Standard, SC is a 501(c) (3) non-profit
organization. Our purpose is to equip young adults by
expanding their minds to information that the school doesn’t
require as a part of the standard to graduate but is included in
the standard of life. We are looking forward to partner with
school districts, athletic departments, and communities across
South Carolina to provide mentoring to students between the
ages of 13-18 every other Saturday throughout the entire year.
We will work to provide the students with the life skill
development of being able to budget and maintain their finances
in order to decrease the number of young adults in debt.
In order to ensure that we fully address the identified need of
the financial literacy with targeting students between the ages
of 13-18 years, we will offer a free Financial Knowledge Camp
to serve the students of the community. Beyond contributing to
the development of the financial literacy the camp is designed
for the students to come together and learn and build a
relationship with other members of the community, ultimately
building a stronger bond and a safety net for students (Fritz,
2018).
Goal Statement and Objectives
Our goal statement is to provide students between the ages of
13-18 with life skill development of being able to budget and
maintain their finances in order to decrease the number of
young adults in debt.
We have two main objectives that we would like to achieve

3. through the program. First, ensure that students leaving the high
school of the age 13-18 years in South Carolina have attained
and increased basic financial knowledge for their own benefits
and benefit of the society. Second, use the program to bring
students within South Carolina together, learn and build a
relationship with other members of the community, ultimately
building a stronger bond and a safety net for students.
Project Narrative
In order to achieve our set objectives of increasing the financial
literacy amongst the high school students in South Carolina and
ensuring that bonding of the students takes place; Bigger Than
the Standard Nonprofit, LLC organization will offer a free
Financial Knowledge Camp to serve the students of the
community. This is expected to increase financial literacy and
creates a platform where the students will be able to bond.
Details of the camp are given below;
Time: 8:00am-12:00 pm
Date: June 8, 2019
Location: Richland County Public Library
Participation Ages: 10-18 years old
Details of the contract: In order for students to participate, in
the Financial Literacy Camp they must have an updated
completed signed a waiver on file. If the student is under the
age of 18 the parent or guardian will have to sign the form
before they are eligible to participate in any activities. The
waiver will disclosure any learning disabilities, food allergies,
or special information about the student instructors will need to
be informed on. Breakfast, snacks, and water will be provided
on site for students to enjoy. The camp will be based on the
following fundamentals and the following time frames.
Time 8:00am-8: 30 am- The time allocation will be designed for
everyone to come together and learning some basics about one
another. We will get together and do icebreakers and become
familiar with the names and financial informative backgrounds
of each student in the camp while enjoying breakfast.
Time 8:30am-9: 00 am- This time will be allocated to breaking

4. up into groups based on knowledge and ages. Groups will be
broken down in ages from 10-12 years old, 13-15-year old’s and
16-18-year-olds with an exception of students who have
financial knowledge who may move up or down to another
group.
Time 9:00am-10: 00 am- First session of learning will consist of
gaining knowledge of budgeting and savings. Each instructor of
their specific groups will have age-appropriate information and
activities to inform their group of what those students should be
aware of when looking to budget and save.
Time 10:00am-11:00am-This session will be based on credit
information and the basics. Each group will learn the
importance of credit, how it is calculated, what it is used for
and how to work toward increasing the credit score.
Time 11:00am-12:00pm-This time will be used to inform
students of assets they can be used to assist in financial goals.
We will end the session with an overview and activities that
will be completed at the next session.
Groups Invited to the Community Forum: Richland School
District 1 faculty, Richland School District 2 faculty, Lexington
School District 5 faculty, Pine Hurst Community Park, Meadow
Lake Recreation Center, Richland County Public Library-St.
Andrews, Richland County Public Library-Main, Burke & Burke
Accounting Firm, John Thomas Financial Advisor and Seniors
of Bachelorette Studies -Accounting/Finance Majors.
Our next activity, we will partner with school districts, athletic
departments, and communities across South Carolina to provide
mentoring to students between the ages of 13-18 every other
Saturday throughout the entire year. This is the main activity
that we intend to use to introduce and increase financial literacy
amongst the high school students where they will know how to
budget to budget and maintain their finances in order to
decrease the number of young adults in debt.
In free financial camp, we are expecting total attendance of
10,000 which translated to $100,000 which will cater for meals.
We will have to remunerate the accounting professionals who

5. will help us run the program of the day and this will cost
approximately $30,000.
On running the other activity, which is every Saturday
mentorship, which will take place across all the district schools
in South Carolina, this translates to 85 district school in SC. To
make this happen, we will contract account professionals who
will help us to mentor students and they will work every
Saturday from 8:00 am to 12:00 noon at cost of $10 per hour.
We will have accountant professionals who correspond to the
number of the schools, working for 48 Saturdays that we have
set aside for the year and this gives a total cost of $163,000.
Additionally, we have a director of the project, evaluators to
help determine the progress of the program after every 3
months, secretary, internal auditor, office guards and offices
where the materials and planning take place. All these facilities
and additional personnel cost $200,000 annually. Other
expenditures that we will encounter are the purchase of the
materials to facilitate learning and this is expected to cost
$300,000, fringe benefits of $3200, travel expense $30,000 and
administrative expense of $45,000.
In order to meet the cost of free financial and our rolled out
program for financial mentorship every Saturday and also the
facilities, we look forward to the financial assistance of
$700,000. This financial support will help educators of Bigger
Than the Standard Nonprofit, LLC organization achieve its
objectives hence realizing the main goal statement.
The goal of the program is closely related to the objectives of
the program. Having previously determined that the study
revealed that Young student in the USA lack basic skills of the
financial literacy, educators of Bigger Than the Standard
Nonprofit have taken the initiative to address this problem
majorly in the South Carolina. It has two main activities that are
aimed to increase financial literacy to high school students aged
13-18 years and equip them with basic skills of preparing a
budget and maintaining their finances prudently to ensure they
do not find themselves in debts for no reason. The other

6. objective of the firm builds strong bond amongst the student by
bringing them together where they learn and acquire basic
financial skills which are to their good and also the good of the
society. This helps to bridge the gap of financial illiteracy and
helps the young students have increased knowledge of financial
literacy.
Bigger Than the Standard Nonprofit is expecting to run the
financial literacy program for the next 5 years. After 5 years,
we will have a report that will help us to assess the impact
caused by the project. We will share the data with our
supporters to demonstrate our transparency and after the
assessment; we will determine the next course of action (White,
2013).
Annual Budget and Budget Justification
In order to fund our activities and achieve our goal the
following is the proposed annual budget for Bigger Than the
Standard Nonprofit, LLC to begin on the 10th of May 2019.
Total Budget
Funds Requested
Personnel
Salaries and wages
$283,000
$245,000
Fringe benefits
$32000
$30,000
Consultant and contract services
$30,000
$15,000
Subtotal
$345,000
$290,000
Non-personnel

7. Office rent
$50,000
$30,000
Financial learning materials
$300,000
$200,000
Free Camp day meals
$100,000
$70,000
Travel
$30,000
0
Administrative costs
$45000
$25,000
Subtotal
$525,000
$325,000
Total
$870,000
$615,000
From the above annual budget, it is appeal to the granters to
support Bigger Than the Standard Nonprofit, LLC with
$615,000 that will help cover the deficit and gives us the
privilege to implement the program activities in the bid to
expand the financial literacy for students within the age of 13 to
18 years within South Carolina.
Cash flow Budget
Bigger Than the Standard Nonprofit, LLC has the following
cash flow statement;
Cash flow from operating activities
Annual expense from annual budget

8. ($870,000)
Depreciation
$15,000
Prepaid expense and other assets
$106,000
Account payable
$150,000
Accrued other liabilities
($50,000)
Net cash (used in) provided in operating activities
(649,000).
Cash flows from investing activities
Funds from grants
$615,000
Net (deficit) surplus in cash
($34,000)
Cash, end year
($34,000)
From the above cash flow statement when the Bigger Than the
Standard Nonprofit, LLC prudently manages and carries out its
program activities it will have a deficit of $34,000 which will
be starting balance in the next period.
References
Fritz, J. (2018). How to Write a Great Needs Statement for Your

9. Grant Proposal. Retrieved from
https://www.thebalancesmb.com/how-to-write-a-need-
statement-for-your-grant-proposal-2501959
Krasselt, K. (2014). In financial literacy, U.S. teens score below
Latvia. Retrieved from
https://www.usatoday.com/story/money/personalfinance/2014/0
7/09/united-states-financial-literacy/12404527/
White, V. (Ed.). (2013). Grant proposals that succeeded.
Springer Science & Business Media.