DALLAS — April 15, 2011 — The San Antonio Chapter of the Texas Society of CPAs was recently named the recipient of the Texas Credit Union League Focus Award for its financial literacy efforts. The chapter will receive the award at the TCUL annual meeting and awards and recognition ceremony in Austin on April 26.
The Focus Award recognizes individuals, credit unions, chapters, organizations and foundations that best exemplify the philosophy of people helping people through financial education.
TSCPA’s San Antonio Chapter is dedicated to increasing financial literacy in several areas, including Operation Home Front Village which serves military families who are being medically retired by assisting with their transition out of the military through rent-free living (including utilities) for 3-9 months, until their full medical board reviews and retirement is complete and pay is in place.
During their stay at the village, training requirements are demanded of the tenants, including a one-hour session of financial counseling each month. Operation Home Front Village is home to 27 wounded warriors and families who are receiving treatment at nearby Brooke Army Medical Center.
Through the San Antonio Chapter’s financial literacy committee efforts, personal finance coaching is provided to these families. Chapter volunteers work one-on-one with each family each month, helping them prepare a monthly budget, create a plan to build an emergency reserve, set goals and foster financial discipline, and develop a debt reduction strategy (if needed). The average stay for each family at the village is six months, and the volunteer’s desire is to remain coaching the family during their entire stay.
In addition to its work with the village, the chapter also serves the San Antonio Metropolitan Ministries (SAMMinistries), local Boy Scout and Girl Scout Troops and Junior Duel in Ol’ San Antonio.
ABOUT TSCPA AND THE SAN ANTONIO CHAPTER
TSCPA (http://www.tscpa.org) is a nonprofit, voluntary, professional organization representing Texas CPAs. The society has 20 local chapters statewide and has more than 29,000 members, one of the largest in-state memberships of any state CPA society in the United States.
The San Antonio Chapter has more than 2,600 members. TSCPA and the chapter are committed to serving the public interest with programs that advance the highest standards of ethics and practice within the CPA profession.