#United States #Saint Paul #financial literacy #Marketplace #Nasdaq Foundation

Marketplace Receives Nasdaq Foundation Grant

American Public Media's Marketplace has received a significant grant from the Nasdaq Foundation as part of its Economic Opportunity Grant Program. This funding aims to enhance and expand Marketplace's financial literacy programming, which is already the most widely consumed business and economic news program across both radio and television platforms, whether commercial or public broadcasting.

The grant will play a crucial role in supporting the mission of Marketplace to raise economic intelligence among Americans by helping to package and curate some of their best reporting and educational content. The goal is to create an easily navigable digital hub where everyone can access vital tools and resources to improve their financial literacy. This initiative focuses heavily on breaking down barriers to financial understanding by developing classroom-ready resources in collaboration with educational partners, while also engaging audiences through community outreach and social media platforms.

The centerpiece of this initiative will be four established financial literacy podcasts: Million Bazillion, Financially Inclined, This Is Uncomfortable, and Must Be the Money. These shows are designed to assist listeners of all ages in grasping the complexities of finance, the economy, and how these elements interconnect with daily life. By understanding these topics, listeners can equip themselves with the knowledge that will serve them throughout their lifetimes.

Neal Scarbrough, Vice President and General Manager of Marketplace, emphasized the importance of financial literacy, stating, "Financial literacy is at the core of our mission to raise the economic intelligence of the nation. With support from the Nasdaq Foundation, Marketplace can accelerate its efforts to expand the depth, discoverability, and reach of this content, empowering Americans at every stage of life with the tools to build stronger financial futures."

They aim to democratize financial knowledge through these programs, addressing the needs of under-resourced communities. Jailan Griffiths, President of the Nasdaq Foundation, echoed this sentiment, expressing pride in supporting Marketplace's mission. He remarked, "Financial literacy is the foundation of economic opportunity. Through our Economic Opportunity Grant Program, the Nasdaq Foundation is committed to democratizing financial knowledge and equipping under-resourced communities with the tools to share in the wealth that markets create. Marketplace's mission to raise the economic intelligence of the country aligns powerfully with that goal."

This grant and the associated initiatives signify a substantial effort towards making reliable and accessible financial education available to all Americans. The programs are geared towards creating an informed society that understands the intricacies of finance and can make educated decisions that lead to better economic outcomes.

To explore more about the Nasdaq Foundation's Economic Opportunity Grant Program, visit Nasdaq Foundation and to listen to Marketplace's robust range of programs and podcasts, check out Marketplace.org. Marketplace broadcasts nationwide on over 800 public radio stations and maintains a listener base of over 10 million each week, which underscores their wide-reaching influence.

With this new initiative, Marketplace is set to enhance its impact on financial literacy amid evolving economic conditions, ultimately aiming to empower Americans with the knowledge and resources they need to navigate their financial futures successfully.