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United Way of Pioneer Valley Wins Veteran Financial-literacy Grant

SPRINGFIELD — Massachusetts Treasurer Deborah Goldberg announced that the United Way of Pioneer Valley (UWPV) was one of five recipients of a grant that supports financial education to veterans and military families.

Known as the Operation Money Wise: Financial Education Opportunity Grant and funded through the Office of Economic Empowerment, these grants aim to increase the scope of financial education for military families by providing them with the tools they need to achieve financial stability. Many of these workshops will include strategy sessions on managing money, planning for college, preparing for retirement, and monetary decision making.

“These financial-literacy grants will further empower our military community to make informed financial decisions,” Goldberg said. “I am honored to support organizations that work to bring economic stability to the men, women, and families who help keep our country safe.”

With three Thrive financial-literacy centers up and running in Holyoke and Springfield, and the Volunteer Income Tax Assistance (VITA) program flourishing throughout the region, UWPV is already a leader in improving fiscal education and responsibility among those it serve. The Thrive centers have served hundreds of student and seniors, helping them improve their credit ratings and open their first bank accounts. Last year, VITA helped 4,594 working families keep $2,462,549 through the Earned Income Tax Credit.

“This $5,000 grant will help us broaden our reach and make our financial-literacy offerings more robust and sustainable,” said Sylvia deHaas-Phillips, senior vice president of Community Impact at UWPV. “We are honored and grateful to be selected for this grant.”

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