Pictured at right: Pat Moore, members of the Belmont University Students in Free Enterprise (SIFE) team and Marcus Henderson
Patrick E. Moore, CLU, ChFC, of Brentwood, TN, and Marcus T. Henderson, Sr., LUTCF, of Nashville, TN, secured a $5,000 grant from the MDRT Foundation on behalf of Belmont University.
Moore, of Patrick E. Moore & Associates, Inc. and a 25-year MDRT member, and Henderson, of Henderson Financial Group Inc. and a 15-year MDRT member, are active supporters of Belmont University and nominated and endorsed the grant application. The MDRT Foundation grant will support the Belmont student-led Financial Literacy for At-Risk Youth program. The program is designed to utilize Belmont students to apply what they have learned in the classroom for the benefit of middle and high school urban youth. Members of Belmont’s Students in Free Enterprise (SIFE) collegiate chapter work with faculty to educate youth on basic financial skills essential for lifelong success and have already had positive impacts on the lives of over one hundred at-risk children.
The program involves engaging Metro Nashville middle and high school students in hands-on activities and discussions related to building and maintaining budgets, as well as the use and potential abuse of consumer debt. Belmont’s SIFE chapter has already built a brief tool kit to supplement Junior Achievement’s Economics for Success program. This set of tools includes a budget simulation and several exercises that enable students to make real-world spending decisions that ultimately lead to understanding payment alternatives and their consequences. The goal is to expand this tool kit and ultimately make it available to students around the world. The initial target audience is Metro Nashville 9th graders in the “100 Kings” program. Created by the 100 Black Men of Middle Tennessee organization, “100 Kings” is a leadership development program for middle and high school Black, male students.
This year, the MDRT Foundation will award more than $1 million in grants to more than 100 charities. Representing the MDRT Foundation, Pat Moore and Marcus Henderson presented this grant to Belmont University on April 18 at Belmont’s College of Business Administration Awards Day Ceremony.