The Institute accomplishes its mission by working with organizations to incorporate financial education into their existing services. The Institute also provides direct delivery of financial counseling and education to the general public. As the national authority on adult financial education, the Institute advances professionalism and effectiveness in the field of financial literacy by setting the National Standards for Adult Financial Literacy Education™, hosting the Annual Conference on Financial Education™, maintaining the Library of Personal Finance™, and administering the Center for Financial Certifications™ and the Center for Consumer Financial Research™.
The Institute for Financial Literacy is a 501(c)(3) tax exempt non profit organization founded in 2002 in Portland, Maine. The Institute is funded by program fees, private donations, and grants from public and private foundations. The Institute is an educational organization focused on presenting unbiased, neutral information to its clients and advancing professionalism and effectiveness in its field. The Institute does not create debt repayment plans, negotiate debts for its clients, or sell financial products of any type.