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Jonathan D. Rosen Family Foundation to donate $1 million to financial literacy group

By Jeremiah Mcwilliams
Dec 1, 2010

The Duluth-based Jonathan D. Rosen Family Foundation, a group founded with the mission of improving financial literacy, will contribute $1 million to Economic Empowerment Initiative Inc. to help the non-profit pursue challenge grants with a value of up to an additional $2 million over the next four years. The money will also support EEI's existing financial literacy and entrepreneurship programs.

"We need to invest in financial literacy programs because, too often, people are only learning how to live paycheck to paycheck," said Jonathan D. Rosen, CEO and co-founder of Entaire Global Companies Inc, whose initial grant of of Entaire stock helped establish the Rosen foundation this year. "EEI has shown it knows how to break the paycheck to paycheck cycle and put people on a pathway to financial independence and economic security."

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