About Us

Franklin Mint Federal Credit Union Foundation was established to support education and charitable causes in communities served by Franklin Mint Federal Credit Union with the support of our partners.

In 2007, the year FMFCU Foundation was formed, our financial literacy educators reached more than 600 students in 21 classrooms. Those figures multiplied each consecutive year. In 2014, Foundation programs touched more than 10,000 K-12 students in 18 school districts, college students on the campuses of four universities, and adults through a variety of financial education courses taught by FMFCU Community Educators.

Because of the quality and relevance of the programs it produces, FMFCU Foundation rapidly attracted the attention of neighboring organizations with the same mission. PECO, Comcast, Enterprise Holdings, Kimberly Clark, Conoco Philips, and others made financial contributions to the Foundation.

History of Success

With an express interest in Delco Hi-Q, Wilbur C. Henderson of The Henderson Group instructed the executor of his estate to make a long-term financial commitment on his behalf. As with all funds donated to Partners in Education and its various programs, 100% of the monies received go directly to the programs. Salaries are paid by Franklin Mint Federal Credit Union.
One year after partnering with Berenstain Enterprises, FMFCU opened the doors to its eleven hundred square foot interactive financial literacy center Bear Country Credit Union. Designed and constructed by Metcalfe Architecture & Design, the creators of Philadelphia’s Please Touch Museum, Bear Country Credit Union is a destination for school field trips. Partners in Education fund transportation to and from the exhibit.
Through an exclusive partnership with Berenstain Enterprises, FMFCU and FMFCU Foundation begins development of a financial literacy suite targeting children grades K-3. As a result the Credit Union Financial Literacy Series of books was begun. To date it includes the credit union edition of The Berenstain Bears Trouble With Money and The Berenstain Bears Visit the Credit Union. Partners in Education funds the distribution of these books and related educational material to children participating in the program. In addition to teaching the basic money management concept Save, Share, Spend, Earn, these books promote literacy.
In an effort to arouse greater awareness for academic achievement, FMFCU Foundation merged two awards ceremonies under the moniker Partners in Learning Celebration (to become Partners in Education Celebration in 2015). Click here to learn more.
The Delaware County Excellence in Teaching Award recognizes outstanding and dedicated teachers in Delaware County, Pennsylvania. Recipients demonstrate outstanding dedication and significant contributions to Delaware County students. Recipients are nominated by the general public and chosen by a committee comprised of educators and community leaders.
Started in 1948 by Scott Paper Company, Delco Hi-Q is the nation’s oldest, continuous high school academic quiz competition. Teams from each of the county’s school district as well as several private schools participate in the annual competition. All participants are honored at the annual Partners in Education Celebration.
Franklin Mint Federal Credit Union Foundation was established in 2007 to aid in the collection and distribution of funds for charitable and educational causes in the Delaware Valley.
FMFCU’s Education Division responds to the needs and interests of the community by creating and delivering relevant financial literacy lessons and programs. For the youngest learners, these lessons are reinforced with a field trip to a credit union branch and Bear Country Credit Union, an eleven hundred square foot financial literacy center located at FMFCU’s Broomall headquarters. The Foundation funds the distribution of books—The Berenstain Bears Trouble With Money and a math workbook—to each child who participates in the lesson and/or field trip.

As a means of encouraging academic achievement and recognizing those who do the most to advance academic excellence, FMFCU launched the annual Partners in Learning Celebration

Today, FMFCU Foundation supports student-operated branches in seven high schools, employing an average of 50-students each year. Paid internships offer students practical experience in the operations of a financial institution, marketing, and human relations.

Our Mission & Philosophy

FMFCU Foundation supports education and the implementation of financial literacy initiatives within the community it serves. We are dedicated to the highest standards of non-profit service.

Funding for FMFCU Foundation programs is made possible by corporate and individual donations, grants, and various fundraising efforts. All overhead costs are paid by Franklin Mint Federal Credit Union.

Board of Directors

President: Dr. Harry Jamison
Delaware County Intermediate Unit, retired Executive Director

Vice President/Secretary: Drew Stanley
Franklin Mint Federal Credit Union, Senior Vice President and Chief Strategy Officer

Treasurer: Michael B. Magnavita
Franklin Mint Federal Credit Union, President and CEO; State Financial Network Inc., President

Executive Director: Rick Durante
Franklin Mint Federal Credit Union, Vice President of Education; Delco Hi-Q, Director

Director: Kate McGeever
Delaware County Literacy Council, Executive Director 

Director: Dr. Joseph O’Brien
Chester County Intermediate Unit, Executive Director

Director: Dr. Lois Snyder
Interboro School District, retired Superintendent of Schools

Director: William Taylor
Wilbur C. and Betty Lea Henderson Foundation, Executive Director