—$9,600 Awarded In Inaugural 2021 Class of Grantees—
DUBLIN, OH (October 12, 2021)—The T-CETRA Foundation announced today it awarded $9,600 to five U.S. 501(c)(3) non-profits who support financial literacy and increased technology access. These nonprofits were recognized as having a similar mission to the T-CETRA Foundation through collaborative efforts to empower underserved communities.
Grantees in the inaugural 2021 award class were judged by their ability to: support the un/derbanked; strengthen financial literacy with a focus on K-12 initiatives; and utilize technology to bolster community and economic development in underserved neighborhoods.
“We are honored to help provide to these grantees the resources and opportunities to break the cycle of indebtedness,” said Abdul Akel, CEO and Co-Founder of T-CETRA and the T-CETRA Foundation. “We want to thank all applicants for their commitment to their respective causes and look forward to building stronger communities together, through financial knowledge and increased technology access.”
The five grant recipients are:
- Father Factor, Inc. (Washington, D.C.)—Supports 30 individuals teaching four core competencies of financial literacy.
- Lifesmart Education (Grove City, Ohio)—Develops education programs for underserved youth to make an impact in their local communities through financial literacy courses, trainings, and other educational programs.
- Oak Hill Collaborative (Youngstown, Ohio)–Aims to: be a small business incubator for underserved communities; provide technology resources to enable viable new business development; improve/revitalize the community with a community space for residents; and facilitate the Emergency Broadband Benefit (EBB) program to bridge the digital divide.
- Poppy Muse (Bronx, New York)–Provides computer basics and office administration webinars and workshops with a focus on technology and financial literacy, giving foster care students the necessary skills to work in entry-level positions.
- Resident Resources Network, Inc. (New Albany, Ohio)—Provides individuals and families with housing voucher incentives for completing financial literacy courses to remain in stable housing, enabling greater financial stability.
To date, the T-CETRA Foundation has supported 10 different charities across the United States. T-CETRA Foundation 2022 grant applications will open in January 2022.
About The T-CETRA Foundation
Launched in 2020 by the leadership team of T-CETRA, LLC, the T-CETRA Foundation is a donor advised fund housed within the Columbus Foundation. Headquartered in Dublin, OH, the T-CETRA Foundation seeks to improve the lives of the un/derbanked population across the United States. For more information about the T-CETRA Foundation, please visit www.tcetrafoundation.org
Media Contact: Heidi Ames, Communication Manager