Financial Mentors of America is proud to acknowledge the awards received by FMA’s founder and president, Lorraine Decker, CLU, ChFC, MSFS.
2012 Purpose Prize
Now in its seventh year, The Purpose Prize is America’s only large scale investment in social entrepreneurs and other creative problem solvers in the second half of life.
FDIC Chairman’s Award for Innovation in Financial Education
Lorraine was one of 6 individuals in the nation recognized for her leadership in financial education and for her desire to measure the outcomes produced by financial education programs.
Lorraine created two programs:
- 20-20 Power Workshops, where low and moderate income families could attend free comprehensive financial, career and life skills workshops to increase their earned income and net worth and
- Game of Real Life, a financial / economic education, career interest assessment / discovery and college selection / funding curriculum for economically disadvantaged youth.
FDIC Chairman Sheila Bair said, “I commend everyone nominated for the award for their dedication to empowering consumers to make informed financial decisions by providing financial education in their own unique or innovative ways. Over the FDIC’s more than 75-year history, we have witnessed plenty of change. In a changing world, one thing is clear: financial knowledge helps consumers navigate through choices, know what questions to ask, and be prepared to make informed financial decisions.”