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ANNUAL 2016-17 REPORT A Note From The President

It is my pleasure to share the results of our efforts with you in this 2016-17 Michigan Council on Economic Education Annual Report. It has been an incredible year impacting classrooms. Thank you for your interest in the Michigan Council on Economic Education, and more importantly, for your continued support. We cannot advocate for economic and financial literacy education without a strong team of supporters like you!

Through strategic partnerships with Money Smart Week and Funding the Future, we were able to greatly increase the number of students impacted by economic and financial literacy programming. We were able to connect 11 Michigan high schools with the financial literacy rock band, Gooding, the "coolest financial advisor in America" according to the The Wall Street Journal. In addition to our expanded reach, we continue to develop innovative programming to impact all Michigan K-12 students. A highlight of the year was seeing our Money Smart Week Magic Show reach over 6,000 students in 17 elementary schools. We also began a new initiative to reach elementary students by training their teachers to implement $martpath in their classrooms. $martpath in a hybrid face-to-face and digital interactive platform to teach students state standards in economics, math, and literacy. We continue to look for ways to integrate economics and financial literacy into curriculum and equip teachers with the knowledge and resources they need.

Our signature programs, Amerisure Michigan Economics Challenge and Michigan Credit Union Foundation Personal Finance Challenge, continued to see growth in participation across the state. Lower division Economics Challenge winner, Cranbrook Schools, advanced to the National Finals in New York, finishing in third place. The upper division saw rising powerhouse Chelsea High School win for the second straight year. We were able to send Personal Finance Challenge Champion, International Academy-Okma to the Kansas City Federal Reserve to compete against the best in the nation.

We have our sights set on financial inclusion and bringing the best resources and educators from around the country to train Michigan teachers during the 2017-18 school year. The Michigan Council will continue to cultivate new relationships and strengthen our existing partnerships in an effort to give Michigan students the best economic and financial education in the country!

DEREK D'ANGELO P R E S I D E N T MICHIGAN COUNCIL ON ECONOMIC EDUCATION NEW LOOK

SAME MISSION Michigan Council on Economic Education promotes economic and financial literacy by educating and empowering teachers to bring economics to LIFE in K-12 classrooms and beyond. When you train a teacher a multiplier effect happens because they reach, on average, 100 students per year. 58,123 Michigan Teachers and Classroom Students Impacted

12,572 Students Served Directly

451 Teachers Trained Centers for Economic Education

Eastern Michigan University Ferris State University Kalamazoo College Northern Michigan University University of Detroit Mercy University of Michigan-Dearborn University of Michigan-Flint Walsh College Our new sponsor, Michigan Credit Union Foundation helped increase participation 23% from 2016. 18 teams came to the Federal Reserve Bank of Chicago-Detroit Branch to participate in the State Finals, featuring a Financial Reality Fair prior to the 918 STUDENTS REACHED face to face competition. International Academy-Okma prevailed over Detroit Catholic Central to win the state championship and an all expense paid trip to the National Finals at the Federal Reserve Bank of Kansas City.

2017 STATE CHAMPION INTERNATIONAL ACADEMY-OKMA

Participation in the Amerisure Michigan Economics Challenge increased 26% from 2016. 30 teams of students advanced to the State Finals at Walsh College in Novi on March 27, 2017. Chelsea High School coached by Matt Pedlow won their second 814 straight upper division state championship STUDENTS REACHED while self taught Cranbrook Schools won the lower division, advancing through regionals, and winning a trip to New York City. The team ended up placing 3rd in the Nationals Finals.

2017 STATE CHAMPIONS LOWER DIVISION UPPER DIVISION CRANBROOK SCHOOLS CHELSEA HIGH SCHOOL

The Michigan Council on Economic Education is the fiscal agent for the Money Smart Week Campaign in Michigan. Kelly Masters, 650 Chairperson of Michigan Money Smart Week, EVENTS once again did an amazing job coordinating and connecting partners, leading Michigan to the second highest participation in the country! Special Thanks to Underwriting Partners Ally Financial 368 Chemical Bank PARTNERS Comerica Bank Michigan Credit Union League & Foundation Northwestern Mutual PNC Bank

MEDIA55 MENTIONS

NATIONAL1 RANK FOR PARTICIPATION 24,000 RESIDENTS REACHED Funding the Future

WHY WE KEPT OUR GRANDPARENTS ' HOME

Our partnership with Funding the Future was a huge success in 2017, bringing a message of financial literacy to over 4,800 Michigan high school students. Colleen Schon from Raymond James Anthem Advisors spearheaded efforts to match funding entities with schools we serve.

2017 Michigan Concerts Flint Kearsley High School Dexter High School Swartz Creek High School Flint Academy West Eisenhower High School Detroit CMA High School Walled Lake Central High School Clarenceville High School Taylor Kennedy High School Hazel Park High School Warren Woods Tower High School

"You guys are great. I feel like you’ve changed kids’ minds at my school, even mine. Rock on!" Magic Shows

Hosted by Joel Tacey, Michigan's Family Funnyman, we created a 45 minute school assembly focusing on the state economics standards. MCEE sent financial literacy care packages to schools, containing 30 books with economic and financial literacy lessons available online, Personal Finance Printables, and Financial Fitness for Life materials. Special thanks to Ally Financial for sponsoring this effort.

2017 Money Smart Magic Shows Andersonville Elementary Bailey Lake Elementary Bow Elementary Clarkston Elementary Cornerstone Nevada Primary Detroit Foreign Language Immersion Golightly Education Center Havel Elementary Henderson Elementary Henry Ford Academy Elementary Jack Harvey Elementary John R King Elementary Mason Elementary Moraine Elementary Noble Elementary Pine Knob Elementary Springfield Plains Elementary Have the "Money Talk" Social Media Community Outreach

8,588 REACH ON FACEBOOK Summer Conference

A joint effort of MCEE, Michigan Jump$tart, and the Federal Reserve, our summer conference focused on the rebirth of Detroit. Speakers included Jamon Jordan, Kim Holder from the Georgia Council, Nick Haltom from the Richmond Fed, Amanda Volz sharing NextGen Personal Finance, and representatives from Operation Hope and the MI Department of Treasury. Day two featured a tour of Detroit! "Wow! What a great two- day conference! I just can't get over the quality speakers, the helpful information and honestly, the interesting entertainment. You and your group had us engaged for two days! Thank you!"

90 EDUCATORS ATTENDED Japan

It may be surprising, but economic education and financial literacy is typically not a topic of conversation in schools until students reach college. MCEE President Derek D'Angelo, Northern Michigan University Center Director Tawni Ferrarini, & Marquette teacher Nancy Usitalo traveled across the globe to work with students and train teachers how to integrate economics and financial literacy into their existing curriculum! Teacher Night at the Fed

Twice a year, the Michigan Council on Economic Education partners with the Federal Reserve Bank of Chicago-Detroit Branch to host a Teacher Night at the Fed. One such event featured an elementary economics curriculum we developed featuring the story of Chelsea Milling Company, makers of Jiffy Mix. From Mabel to the Table was the highest attended Teacher Night to date and featured a menu of Jiffy Mix products for dinner and a welcome delivered by Chelsea Milling Company CEO, Howdy Holmes. 80 EDUCATORS ATTENDED OTHER PROGRAMS

PARTICIPANTS IN HISPANIC PROGRAM AT CESAR CHAVEZ 48 ACADEMY IN DETROIT EDUCATORS TRAINED TO USE $MARTPATH IN ELEMENTARY 68 SCHOOL CLASSROOMS TEACHERS REACHED AT MICHIGAN COUNCIL FOR 32 SOCIAL STUDIES CONFERENCE TEACHERS RECEIVED VIRTUAL ECONOMICS 4.5 THUMB 125 DRIVES & TRAINING Additionally, the Michigan Council worked on the revision of the state economics standards, presented to teachers at the Kansas City Federal Reserve Summer Conference, shared best practices for using technology at the National Association for Economic Educators conference, and presented at the Council for Economic Education Conference in Phoenix. Partner Programs

TEACHERS COMPLETED FEDERAL RESERVE BANK OF PHILADELPHIA FRACTIONAL 5 RESERVE ONLINE BANKING COURSE TEACHERS ATTENDED ECONOMIC EPISODES IN AMERICAN HISTORY WITH 11 ECONOMICS WISCONSIN FTE RIGHT START GRADUATES AT 20 MACOMB ISD HOURS OF COUNCIL FOR ECONOMIC EDUCATION WEBINARS COMPLETED BY 57 MICHIGAN TEACHERS

Wayne RESA-David Hales Oakland Schools-Amy Bloom Special thanks to our ISD Genesee ISD-Roy Sovis Muskegon Area ISD-David Klemm partners around the state Lenawee ISD-Stan Masters Ottawa Area ISD-Rebecca Bush Lower Michigan LC-Dave Johnson THANK YOU DONORS

$10,000+ Ally Financial Amerisure Insurance Chemical Bank Federal Reserve Bank of Chicago-Detroit Branch (in-kind) Michigan Credit Union Foundation Northwestern Mutual PNC Bank Raymond James Walsh College (in-kind) $5,000-$9,999 Economics Center for Education & Research Michigan Schools & Government Credit Union $1,000-$4,999 Comerica Bank David Dieterle Derek D'Angelo IN3 Network Royal Neighbors Foundation The State Bank Total Financial Planning, LLC William Roney III $500-$999 Anthem Advisors of Raymond James Don & Mariann Jeffery Granite Group of Raymond James Kevin Clement $1-$499 Amazon Smile Michael Hudzik Ann Bruttell Michigan Bankers Asociation Casey Mungall Paul McCarthy Chris Georvassilis Paul Traub Christopher Barrett Rod Meloni George Lindenberg State Representative Jim Tedder BLOG STATS John Shaffer State Superintendent Brian Whiston Justin King Ted Lakkides Kirsten Wood The Accounting Office Daily Views - 1.1k+ Lapeer County Bank & Trust USF Foundation Larry Nichols Monthly Views - 30k+ Unique Views - 10k+

BOARD100% OF DIRECTORS PERSONALLY CONTRIBUTE

Join the list at michiganecon.org CHAMPIONS DINNER

DINNER SPONSORS Federal Reserve Bank-Detroit Branch Amerisure Insurance State Farm

TABLE SPONSORS Chemical Bank Comerica Bank David Dieterle Derek D'Angelo Raymond James

STATE FARM ECONOMIC EDUCATOR OF THE YEAR Kyle Tecmire-International Academy-Okma

120 Michigan residents came together to celebrate the success of students and educators in K-12 classrooms. The Champions Dinner allows MCEE to tell its story through first- hand accounts by those who are most impacted by its programs. Highlights of the night were interviews with Neel Moudgal, Investwrite first place national champion and National Economics Challenge third place self-taught BLOG STATS team from Cranbrook Schools, who shared that they took a break from their Spring Break trip at Disney to go back to their room to study Daily Views - 1.1k+ economics! Monthly Views - 30k+ Adding to the excitement was a tie-breaking Unique Views - 10k+ question to determine the Personal Finance Challenge Championship between the adults and team from International Academy-Okma. COMMUNICATION

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FINANCIALS EXPENDITURE REVENUE NET ASSETS $117,199 $167,020 $167,026 BOARD OF DIRECTORS John Shaffer Shaffer John Burgess Bob Tedder Jim Bruttell Ann Meloni Rod Hudzik Michael Driver Jeanette McCarthy Paul Traub Paul Georvassilis Chris Nichols Larry Secretary Lakkides, Ted Treasurer Mungall, Casey Vice-Chair Wood, Kirsten Chairman King, Justin G R O . N O C E N A G I H C I M Retired Retired Bank Chemical Representative State Inc. Coordinators Meeting WDIV-TV Lynch Merrill MSGCU Company Motor Ford Bank Reserve Federal Bank Comerica Institute Cygnet Amerisure Farm State Retired 41500 Gardenbrook Novi, MI 48375

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