PLUTUS FOUNDATION GRANTS
The Legacy Project
Grant awarded Fall 2020.
The Legacy Project is a series of workshops focused on custodial accounts and 529 college savings plans to first-time parents with children under the age of one, conducted by BuildingBread.
The participants of this program are first-time African-American parents of children under the age of one who reside in Tulsa, Oklahoma's Greenwood District also known as "Black Wall Street."
Grant Update, Fall 2021
The grant allowed The Legacy Project to provide seed funding of $100 per attendee, starting each participant's account and apply the skills learned in the workshop in real-time.Collectively their children could have more than $50,000 over the next twenty-one years based on previous market data.
The program consists of three online workshops with up to 10 families from Tulsa.
Parents will also receive a journal to take notes and document their experience, our goal is that this journal will be passed on through the family to educate future generations.
Session 1: Selecting and Opening Your Account
Session 2: Choosing Your Investments
Session 3: Estate Planning and Next Steps
The participants of this program were all first-time parents of children under the age of one who reside in Tulsa’s Greenwood District. Kevin Matthews wanted to do more than simply provide a series of financial literacy workshops. Parents walked away with tangible skills and something they could take action with immediately. Read Kevin's update on his program here.
About Kevin L. Matthews II
Kevin L. Matthews II is an author and former financial advisor who founded BuildingBread in 2010. He teaches millennials about setting and pursuing financial goals. His advisory experience included retirement planning and managing more than $140 million in assets.