A wide-ranging group of community organizations serving Delawareans from all walks of life have been selected to receive year 2022 grants from the Financial Literacy Education Fund (FLEF).

“Financial literacy levels the playing field across all communities in our state,” said Delaware State Bank Commissioner Robert Glen. “For this round of grants, our team reviewed a great collection of applications, and we were thoroughly impressed with the breadth and depth of financial literacy programming being offered by our nonprofit partners.”

Since the FLEF was established in 2010, over $3 million has been awarded to dozens of organizations to improve financial literacy for Delawareans of all ages. Grants from the FLEF program have supported programs to teach students the importance of saving, guide families on the path to homeownership, and support single parents with tools to build financially healthy households.

For this round of grants, a total of $458,577.05 was awarded to 21 nonprofit organizations to support programs that met criteria established by the Office of the State Bank Commissioner. Funding for the FLEF is derived from a license fee charged to businesses that make high-cost payday loans and car title loans.

Applications for FLEF grants were scored on their potential to improve the financial literacy of Delawareans, especially programs that are proactive, preventative, and forward-thinking. Programs and services funded with FLEF grants are designed to reach populations or geographic regions that have limited access to financial literacy resources, with special emphasis on reaching out to members of the military, seniors, and minority communities.

The Office of the State Bank Commissioner is responsible for regulating and examining State-chartered banks and trust companies and licensed financial services businesses, including mortgage loan brokers, licensed lenders, mortgage loan originators, check sellers, money transmitters, check cashers, motor vehicle sales finance companies, money transporters, business, and industrial development corporations and pre-need funeral contract providers. The Office resolves complaints against financial institutions and provides consumer education programs to Delaware residents.

Dover, Del.—Delaware schools, nonprofits, and community organizations are invited to apply for a new round of state grant funds to support financial literacy education for people from all walks of life.

Since the state’s Financial Literacy Education Fund (FLEF) was established in 2010, over $2.5 million has been awarded to dozens of organizations across the state for programs that teach students to save at an early age, help coach families on the path to home ownership, give single parents tools for financial independence, and more.

“We want all Delawareans to be set up for success. Financial literacy is one tool that can help at all stages of life, whether you’re a recent graduate, an entrepreneur, or a retiree looking toward your next chapter,” said Governor John Carney. “With these grant funds, we will work with a variety of organizations across the state to meet people where they are and help guide them to a more financially secure future.”

This year, a total of over $400,000 is available to support programs that meet criteria established by the Office of the State Bank Commissioner and the Delaware Department of Education. Funding for the FLEF is derived from a license fee charged to businesses that make high-cost payday loans and car title loans.

Successful grant proposals will approach financial literacy in ways that are proactive, preventive, and forward-thinking. Programs designed to reach underserved populations and regions of the state that have had limited access to financial literacy services are encouraged, with special emphasis on reaching out to veterans, seniors, and minority communities.

All schools recognized by the Department of Education and Delaware organizations with 501(c)(3) federal tax-exempt status are eligible to apply.

Grant applications are due by December 1, 2022 and must be completed using the form available at https://banking.delaware.gov/financial-literacy-education-fund/. Forms should be emailed to Florence Jones at the Office of the State Bank Commissioner at florence.jones@delaware.gov along with any attachments. Receipt of grant applications will be confirmed within three business days. If applicants do not receive confirmation, they should contact Florence Jones at 302-739-4235 and resubmit their applications.

The Office of the State Bank Commissioner is responsible for regulating and examining State-chartered banks and trust companies and licensed financial services businesses, including mortgage loan brokers, licensed lenders, mortgage loan originators, check sellers, money transmitters, check cashers, motor vehicle sales finance companies, money transporters, business, and industrial development corporations and pre-need funeral contract providers. The Office resolves complaints against financial institutions and provides consumer education programs to Delaware residents.

Income Tax Deadlines Extended
State Tax Due Dates Remain Unchanged

Last week, the Delaware Division of Revenue (DOR) announced that the deadlines for taxpayers to file certain personal and corporate income tax returns and payments had been extended to July 15, 2020 due to “rolling conformity” with federal income tax rules adopted by the IRS in response to the COVID-19 emergency.

The new deadline of July 15, 2020 applies to corporate income tax tentative returns due April 15 as well as final personal income tax returns, estimated personal income tax payments, and fiduciary income tax returns each due April 30.

All State of Delaware agencies continue to process State tax filings, accept tax payments, and issue refunds, where applicable. The State is not extending the deadlines for filing returns and payments for other State taxes and fees, including but not limited to the following categories:

• Personal Income Tax Withholding
• Personal Income Tax Estimated Payment due 6/15/2020
• Corporate Income Tax Tentative Payment due 6/15/2020
• Unemployment Insurance Tax (Non-profits and other reimbursable organizations will receive a 90-day deferment on UI payments)
• Corporate Franchise Tax
• LLC, LP, and GP Annual Tax
• Gross Receipts Tax and Business License Renewals
• Realty Transfer Tax
• Tobacco and Cigarette Tax
• Bank Franchise Tax and Fees
• Insurance Taxes and Fees
• Public Utility Tax
• Alcoholic Beverage Tax
• Public Accommodations Tax
• Motor Fuel Tax

State staff are available to respond to taxpayer questions throughout the COVID-19 emergency. Taxpayers are urged to visit the websites of applicable agencies for additional COVID-19 information or call or email the following offices:

Division of Revenue Leslie A. Poland, Community Relations Coordinator leslie.poland@delaware.gov
Division of Unemployment Insurance DOL_UI_Employer_Tax_Questions@delaware.gov Kenneth Briscoe, Communications Coordinator & Public Information Officer kenneth.briscoe@delaware.gov
Division of Corporations Doug Denison, Director of Community Relations douglas.denison@delaware.gov
Delaware Bank Commissioner Dawn Hollinger, Public Information Officer dawn.hollinger@delaware.gov
Delaware Department of Transportation (302-744-2724) Charles McLeod, Director of Community Relations charles.mcleod@delaware.gov

DOVER, Del. – A wide-ranging group of community organizations serving Delawareans from all walks of life have been selected to receive this year’s round of grant funds from the Financial Literacy Education Fund (FLEF.)

“Financial literacy is a key pillar of stable and prosperous communities where families are empowered to pursue their dreams,” said Secretary of State Jeff Bullock, whose department oversees the FLEF grant program. “In no small way, Delaware’s future and the strength of our economy is tied to financial literacy, and I want to thank all the organizations who will use FLEF grant funds to help secure that future.”

Since the FLEF was established in 2010, approximately $2.6 million has been awarded to dozens of organizations to improve financial literacy for Delawareans of all ages. Grants from the FLEF program have supported programs to teach students the importance of saving, guide families on the path to homeownership, and support single parents with tools to build financially healthy households.

“Our team had a great collection of applications to review this year and we were thoroughly impressed with the breadth and depth of financial literacy programming being offered by our nonprofit partners across the state,” said Delaware State Bank Commissioner Robert Glen.

This year, a total of $365,000 was awarded to 23 nonprofit organizations to support programs that met criteria established by the Office of the State Bank Commissioner. Funding for the FLEF is derived from a license fee charged to businesses that make high-cost payday loans and car title loans.

Applications for FLEF grants were scored on their potential to improve the financial literacy of Delawareans, especially programs that are proactive, preventive and forward-thinking. Programs and services funded with FLEF grants are designed to reach populations or geographic regions that have limited access to financial literacy resources, with special emphasis on reaching out to members of the military, seniors and minority communities.

Dover, DE – Delaware schools, nonprofits and community organizations are invited to apply for a new round of state grant funds to support financial literacy education for people from all walks of life.

Since the state’s Financial Literacy Education Fund (FLEF) was established in 2010, approximately $2.2 million has been awarded to dozens of organizations across the state for programs that teach students to save at an early age, help coach families on the path to home ownership, give single parents tools for financial independence, and more.

“We want all Delawareans to be set up for success, and financial literacy is one tool that can help at all stages of life – whether you’re a recent grad ready for the workforce, an entrepreneur with a great business idea, or a retiree looking toward your next chapter,” said Governor John Carney. “With these grant funds, we will work with a variety of organizations across the state to meet people where they are and help guide them to a more financially secure future.”

This year, a total of $340,000 will be made available to support programs that meet criteria established by the Office of the State Bank Commissioner and the Delaware Department of Education. Funding for the FLEF is derived from a license fee charged to businesses that make high-cost payday loans and car title loans.

Successful grant proposals will approach financial literacy in ways that are proactive, preventive and forward-thinking. Programs designed to reach underserved populations and regions of the state that have had limited access to financial literacy services are encouraged, with special emphasis on reaching out to veterans, seniors and minority communities.

All schools recognized by the Department of Education and Delaware organizations with 501(c)(3) federal tax-exempt status are eligible to apply.

Grant applications are due by Oct. 1, 2019 and must be completed using the form available at banking.delaware.gov. Forms should be emailed to Dawn Hollinger at the Office of the State Bank Commissioner (dawn.hollinger@delaware.gov) along with any attachments. Receipt of grant applications will be confirmed within three business days. If applicants do not receive confirmation, they should contact Dawn Hollinger at 302-739-4235 and resubmit their applications.