WealthWell Foundation by XVI
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At XVI, we are committed to empowering families to break free from the cycle of debt through personalized financial coaching. We provide the tools and support needed to develop realistic budgets, prioritize debt repayment, and build healthy financial habits.
To extend our reach and help more families in need, we are launching a fundraising campaign (WealthWell Foundation) to provide financial coaching scholarships. These scholarships will offer vital support to families struggling with debt, enabling them to access our services and take control of their financial futures.
Here's a breakdown of how your contributions will be used to empower families to achieve financial freedom.
1. Coaching Services ($6,000)
Personal Financial Coaching Sessions: $4,000
- Individual and group coaching sessions with certified financial coaches.
- Includes initial assessments, personalized financial plans, and follow-up sessions.
- Covers 5 weeks of coaching for 20 families at $200 per family.
Workshops and Seminars: $2,000
- Hosting financial literacy workshops and debt management seminars.
- Includes venue costs, materials, and refreshments.
- Covers 4 workshops at $500 each.
2. Educational Materials and Resources ($2,000)
Workbooks and Guides: $1,000
- Customized financial planning workbooks, budgeting templates, and debt reduction guides.
- Provides 200 sets of materials at $5 per set.
Online Resources and Tools: $500
- Development and maintenance of online resources, including webinars, articles, and financial calculators.
- Subscription to financial planning software and tools.
Marketing and Outreach: $500
- Promotional materials to raise awareness about the program.
- Includes flyers, brochures, social media advertising, and community outreach events.
3. Administrative and Operational Costs ($2,000)
Program Management: $1,200
- Salaries and stipends for program coordinators and administrative staff.
- Ensures smooth operation and coordination of coaching sessions and workshops.
Technology and Office Supplies: $500
- Office supplies, printing costs, and technology upgrades.
- Includes software licenses, printing materials, and office equipment.
Transportation and Logistics: $300
- Travel expenses for coaches and volunteers to attend sessions and workshops.
- Includes mileage reimbursement and public transportation costs.
4. Emergency Fund for Participants ($500)
Financial Assistance: $500
- Emergency fund to provide immediate financial relief for families in urgent need.
- Covers unexpected expenses such as medical bills or emergency repairs.
5. Evaluation and Reporting ($500)
Program Evaluation: $300
- Assessing the impact and effectiveness of the coaching program.
- Includes surveys, data analysis, and reporting.
Donor Reporting and Communication: $200
- Regular updates to donors on the progress and success stories of the program.
- Includes newsletters, thank-you letters, and impact reports.
Summary of Costs:
- Coaching Services: $6,000
- Educational Materials and Resources: $2,000
- Administrative and Operational Costs: $2,000
- Emergency Fund for Participants: $500
- Evaluation and Reporting: $500
Total: $10,000
By contributing to our fundraiser, you are directly supporting families in need of financial guidance and resources to overcome debt and achieve lasting financial stability. Your generosity will make a tangible difference in their lives, helping them to build a brighter future.
Thank you for your support!
To learn more about our campaign, please visit
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WealthWell Foundation
Organizer