Who is ICIEF?
The ICI Education Foundation is the educational affiliate of the Investment Company Institute, the leading global association of regulated funds. ICIEF partners with government agencies and other nonprofit organizations to develop, deliver, and promote investment education programs to a variety of specific audiences.
What They Offer
ICIEF supports investment education in several different ways:
- Partnership with Junior Achievement Finance Park. ICIEF’s partnership with Junior Achievement (JA) includes an educational exhibit and interactive game at JA’s Finance Park locations in Fairfax County, VA, and in Montgomery County and Prince George’s County, MD. The Finance Park program consists of a 14-lesson classroom curriculum for middle school students that develops a foundation in personal finance education, with a day-long culminating experience at one of the three regional Finance Parks. The program, which is virtual for the 2020–2021 school year, reaches approximately 40,000 middle school students in the Washington, DC, area annually. For more on this program, please visit the ICIEF website.
- Microgrant Program for Investor Education in the Metropolitan Washington, DC, Area. Schools, nonprofit organizations, and government agencies can apply for grants of up to $25,000 each to add or expand investment education programs within the metro area. Past grants have focused on teacher training, adult education, and youth education. Grant guidelines and eligibility requirements may be found here.
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- Investing Road Trip. An investing simulation that demonstrates the value of investing for the long term, based on ICIEF’s popular scavenger hunt at JA Finance Park. Students learn that investing requires planning and may involve risks, but is the best way to achieve long-term financial goals, such as paying for college, buying a home, and saving for retirement.
- Playing the Long Game. Players invest $1,000 in the stocks in the S&P 500 index and must decide whether to stay in the market or sell at various points throughout the exercise. Players who lose some of their investment are shown how much money they would have earned had if they had stayed in the market.
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