Center for Financial Education

Investor Protection Trust (IPT): The primary mission of the Investor Protection Trust is to provide independent, objective information needed by consumers to make informed investment decisions. Founded in 1993 as part of a multi-state settlement to resolve charges of misconduct, IPT serves as an independent source of non-commercial investor education materials. IPT operates programs under its own auspices and uses grant to underwrite important initiatives carried out by other organizations. Through IPT, Financial Education at Bellevue Community College has the potential for partnerships with AARP and the American Library Association's Investor Education@ your library® program. http://www.investorprotection.org

Washington State Department of Financial Institutions: The Washington State Department of Financial Institutions (DFI) provides regulatory oversight for our state’s financial service providers. DFI is self-supporting, in that none of its operating revenues come from the state's general tax funds. Its operating revenues are paid by the organizations and individuals it regulates. DFI's mission is to regulate our State's financial services industry to protect the public, promote economic vitality, and preserve integrity in the marketplace. http://dfi.wa.gov/consumers/campaigns.htm

Financial Literacy Public Private Partnership: The 2004 legislature enacted SHB 2455, which became RCW 28A.300.450, et. seq., with the intent that the created Financial Literacy Public Private Partnership (FLPPP) committee would institute actions to increase and improve the financial literacy curriculum in Washington state’s K-12 system. In the two years since enactment, the members of the committee has sought to expand both the quantity and quality of financial literacy materials presented to students.

The Office of the Superintendent of Public Instruction (OSPI) supports the FLPPP committee and its work with the state K-12 classroom teachers and has agreed to include financial literacy outcomes in the WASL. On the private side of the partnership, numerous financial service companies have contributed $50,000 towards the funding of this effort. Nonprofits such as Washington Junior Achievement, the Washington Jump$tart program, the Washington Council for Economic Education, the Washington state Certified Public Accountants (CPA) association, and others have participated in its activities. (To see the FLPPP interim report, click here.)