Teachers - Procedure for Grant Application
Investor Education Grant Program
With the passage of Acts 39 and 948 of 2003, the Arkansas Legislature appropriated funds for a grant-award program administered by A. Heath Abshure, Arkansas Securities Commissioner. The grants are available to programs in Arkansas for the purpose of providing securities/investment education to teachers and students about the securities industry, the stock markets, and investment decision-making. Grant proposals will be considered for only these areas. New grants are to be awarded for the 2014-2015 school year. A final report of the project will be required.
Eligible applicants are public schools and non-profit groups (IRC § 501(c)(3) tax-exempt organizations) that provide investment education to students in grades 5 through 12. Sixteen schools and one non-profit organization received nearly $70,000.00 for the 2014-2015 school year. The suggested grant request range is between $2500 and $5000 although grant proposals for more or less than the suggested range will be considered. The Commissioner will determine the grant award based upon the merit of the program, other school resources and the number of students educated. The proposal due date is October 2, 2015. Grant awards will be issued by November 13, 2015.
Use of Grant Funds
Grant funds may be used to purchase any appropriate educational, resource, software materials and equipment.
Grant Application Process
The grant application should be submitted on the Grant Application Form and attach a completed W-9 form to A. Heath Abshure, Arkansas Securities Commissioner, and be no more than 3 pages long, excluding attachments. The Grant Application Form and W-9 form may be mailed to the address below, faxed to 501.324.9268, or emailed to email@example.com.
If any of the above items are not submitted, the submission will be deemed incomplete and declined from consideration.
The final report must be submitted to Commissioner Abshure no later than May 1, 2015. The final report must include measurable project outcomes and a financial accounting of actual program expenditures. Failure to submit either the outcome report or the financial report will forfeit future grant award consideration.
Submit your letter of grant proposal with attachment(s) to:
A. Heath Abshure
Arkansas Securities Department
Heritage West Building, Suite 300
201 East Markham Street
Little Rock, Arkansas 72201-1692
Inquiries should be addressed to:
Larry Cathey (501) 324-8682