Newton Charity FitMoney Receives $75K Donation From Robinhood

NEWTON, MA — The Newton-based charity FitMoney Massachusetts has received a $75,000 donation from the investing app Robinhood in honor of National Financial Awareness Day, which took place on Saturday, August 14.

FitMoney, a philanthropic nonprofit that provides financial literacy programs to K-12 students, was created by a group of educators, business executives, and parents with the goal of teaching children about their finances before financial habits are formed.

The money from Robinhood will go directly toward enhancing FitMoney's curriculum, which is free for all students and provides over 75 lessons across all grades, as well as teacher professional development.

According to the nonprofit, 95% of parents believe financial knowledge is a critical life skill, but only 33% feel that their students are being educated on this topic.

"Our ultimate goal is to grow community members who adopt sound financial habits, take full advantage of college savings and retirement programs, and control their financial outcomes," says FitMoney's website.

For more information about FitMoney's financial literacy programs, click here.