The CISI Future Foundation has handed almost £250,000 to three UK-based charities which promote financial education.

The three charities are Get Set Girls, RedSTART Educate and Crosslight Advice.

Get Set Girls provides opportunities for personal growth to disadvantaged girls.

It has received £39,589 to fund its Empowered and Enriched programme which will teach practical financial skills to 90 girls aged between 6 and 19 from low-income families and minority ethnic groups in the London boroughs of Hackney and Haringey.

Rabbi Dunner, chair of Get Set Girls, said: “We are so grateful to the CISI Future Foundation for generously giving us this opportunity.” 

RedSTART Educate delivers financial education to disadvantaged primary school children aged 4–11 throughout the UK.

It has been handed £100,000 for its Change the Game programme which provides each student with 10 hours of financial education per academic year. The programme is delivered by volunteers through workshops in schools and is complemented by a Money Management App.

Rhodri Mason, chair of RedSTART, said: “This multi-year agreement will be a huge support to us in delivering and scaling our activity over the next couple of years. In addition, we hope to work with CISI members to facilitate volunteering opportunities at workshops in our schools across the UK.”

Crosslight Advice assists people out of poverty and increases their life chances by providing debt advice and financial skills education and training across London, Swindon and West Kent.

It has received £105,000 for its Money Skills programme which will deliver more than 100 in-person and virtual workshops offering insights into the impact of finance and mental health, practical steps to save money, budget coaching over six months and training to equip others to deliver money and budgeting skills support.

Bruce Connell, chief executive of Crosslight Advice, said: “This generous grant will help us provide advice and assistance to even greater numbers of households who are struggling.”

Nick Swales chair of the Foundation, said: “All three organisations demonstrated a robust, sustainable and targeted approach to their work. As a result, the Foundation’s trustees are delighted to be supporting their dedication to furthering financial literacy education.”