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History of Lifetrack Resources
American Express Foundation Grant
to Lifetrack Resources
July, 2004 - Lifetrack Resources' refugee and immigrant employment program
recently received a grant of $30,000 from the American Express Foundation
to provide financial literacy training to immigrant and refugee jobseekers
and newly employed, to begin in the fall. This is the fruit of a partnership
between Lifetrack and Vietnamese Social Service of Minnesota. The grant
will provide for financial education through classroom and 1:1 instruction
to 100 participants and also will track lifestyle changes over time as
immigrants achieve personal financial management skills. The program is
a pilot that may become an ongoing effort through American Express Foundation's
Economic Independence Fund. The classes will be available to all immigrants
of refugees from any of Lifetrack's employment programs.
The competition for this funding was stiff: the American Express Foundation
received 810 applications nationally, and funding in the maximum amount
of $30,000 was provided to only ten. We are honored to have been chosen.